Dominic-Madori Davis / TechCrunch:
Lio, which uses AI agents to automate enterprise procurement, including document reading and supplier evaluation, raised a $30M Series A led by a16z  —  Lio's co-founders know firsthand that procurement — the process enterprises use to purchase services from vendors — is often a bottleneck.

Reuters:
China's new five-year plan introduces an “AI+ action plan”, mentions AI over 50 times, and outlines investments in quantum computing, 6G, embodied AI, and more  —  China's new five-year policy blueprint laid out its ambitions to aggressively adopt artificial intelligence throughout …

Paayal Zaveri / Bloomberg:
Nominal, which makes software for the defense, space, energy, and automotive sectors, raised an $80M Series B extension led by Founders Fund at a $1B valuation  —  Founders Fund is leading an $80 million investment in Nominal Inc., a startup aiming to modernize factories and make manufacturing more efficient.

Chris Metinko / Axios:
Reclaim Security, which uses AI-driven automation to remediate threat exposures, raised a $20M Series A led by Acrew Capital and a $6M seed  —  Reclaim Security, which uses AI-driven automation to remediate threat exposures, has raised $26 million in total funding, co-founder and CEO Barak Klinghofer tells Axios Pro.

Ben Weiss / Fortune:
NYSE parent company ICE invests in crypto exchange OKX at a $25B valuation, without sharing the investment's size or terms, and will take a seat on OKX's board  —  Last summer, Haider Rafique flew out to Atlanta to meet with the chairman of the New York Stock Exchange.