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Scoop: Nvidia-backed Emerald AI raising $25M

Illustration of a glowing lightning bolt symbol filled with binary code.

FDA whiplash fuels biotech uncertainty

Photo illustration of Mark Cooper, collage with an image of test tubes, a pipette, and abstract shapes.

Steve Young's HGGC closes $3.2B fifth fund

Driving the day

🚨 Deals deals deals!

The final number

1. Scoop: Nvidia-backed Emerald AI raising $25M

2. FDA whiplash fuels biotech uncertainty

Photo illustration: Axios Visuals. Photo: Courtesy of Crowell & Moring

3. Steve Young's HGGC closes $3.2B fifth fund

Steve Young on stage with Dan Primack at Axios BFD May 14, 2024

Steve Young on stage at Axios BFD. Photo: Chris Constantine on behalf of Axios

4. Driving the day

Illustration of the Axios Pro logo and "DRVNG THE DAY" on a license plate.

5. 🚨 Deals deals deals!

6. The final number

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February 19, 2026

1. Scoop: Nvidia-backed Emerald AI raising $25M