Updated
Updated · Bloomberg · May 21
Hark Raises $700 Million at $6 Billion Valuation in Series A
Updated
Updated · Bloomberg · May 21

Hark Raises $700 Million at $6 Billion Valuation in Series A

2 articles · Updated · Bloomberg · May 21
  • $700 million-plus in new funding valued AI hardware startup Hark at $6 billion, including the money raised, in one of the larger Series A rounds in the sector.
  • Parkway Venture Capital led the round, backing entrepreneur Brett Adcock's new company as it builds hardware focused on artificial intelligence.
  • Nvidia, AMD Ventures, Intel Capital and Qualcomm Ventures joined the financing, alongside Brookfield and Salesforce Ventures, underscoring broad strategic interest in AI infrastructure.
Why are chip giants like Nvidia and Intel betting $700M on one startup to build the entire AI pipeline from scratch?
Can a $6B startup truly build the next AI-powered 'iPhone' and outmaneuver established tech giants?
Beyond the hype, what will Hark's first AI hardware actually do, and is it the 'Jarvis' we've been promised?