funding
20 articles tagged with "funding"
China takes back top spot in latest supercomputer ranking - Engadget
- [News]($1) - [Computing]($1) # China takes back top spot in latest supercomputer ranking LineShine' beat the USA's El Capitan system and exceeded 2 exaflops for the first time. ...
Why corporate AI super PACs spent $27 million on a local election
- **Policy - **AI - **Column # Why corporate AI super PACs spent $27 million on a local election Tonight’s NY-12 House primary will test the influence of corporate tech money in politics. Tonight’s...
Year of free HPE software a “step in the correct direction” in VMware rivalry
** Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only [Learn more]($...
Snap spins off AI video team into new company, Dotmo, due to costs | TechCrunch
Snap will be spinning off an internal generative AI video team into a separate company. The new company — dubbed Dotmo — will focus on developing AI models that can create interactive gaming experienc...
AI inference startup Baseten reportedly raising $1.5B months after its last mega-round | TechCrunch
Posted:AI inference company Baseten is close to finalizing a stunning $1.5 billion funding round at a $13 billion valuation, [the Wall Street Journal reports]($1). Just five months ago, the startup an...
Edgehax raises ₹1.39 Cr to scale India's edge AI hardware
Bengaluru-based Edgehax secured ₹1.39 crore in a seed round led by Inflection Point Ventures to scale manufacturing, accelerate product development, and expand its full-stack Edge AI platform to international markets, including the US, Europe, and Singapore. The investment underscores a broader push for domestic hardware sovereignty and signals growing investor interest in India's Make in India-driven deep-tech ecosystem.
Anthropic raises $13B, valuation hits $183B
Anthropic closed a $13 billion Series F, lifting its post-money valuation to about $183 billion amid broad investor support. The round, led by ICONIQ, Fidelity, and Lightspeed, underscores strong demand for enterprise-focused, safety-driven AI and expands the company's footprint in the competitive frontier AI space. Revenue growth and Claude’s enterprise traction are central to the momentum.
Tech Leaders Pool $100M to Write America's AI Rulebook
A coalition of high-profile tech investors and AI firms launches a political network called Leading the Future with more than $100 million to influence AI policy in the United States. The bipartisan effort aims to back pro-innovation candidates and shape a national framework, while civil-society groups warn of potential risks from unchecked AI development.
WizCommerce Raises $8M to Bring AI to Wholesale
WizCommerce has secured $8 million in a Series A led by Peak XV Partners to accelerate its U.S. expansion and deepen AI capabilities for wholesale. The platform targets a $10 trillion market historically reliant on spreadsheets, fax machines, and manual workflows, aiming to automate the end-to-end sales cycle from quotes to payments.
Zed Bets $32M on DeltaDB to Disrupt Git
Zed, an AI coding startup, has raised $32 million in a Series B led by Sequoia Capital to advance DeltaDB, a novel operation-based version control system. DeltaDB aims to fuse real-time code edits with the surrounding conversations between humans and AI agents, challenging Git's snapshot-based model and signaling a broader shift toward collaborative, AI-powered development tools.
Cohere Lands $500 Million, Boosting Its Valuation to $6.8 Billion
Cohere's recent $500 million funding round elevates its valuation to $6.8 billion, showcasing strong investor confidence in its enterprise-focused AI solutions.
Graas.ai Secures $9M+ to Revolutionize E-commerce with AI Agents
Graas.ai, a Singapore-based startup, has raised over $9 million to expand its AI Agent Foundry in India, aiming to empower e-commerce brands with autonomous decision-making capabilities. This funding reflects investor confidence in the company's vision for a transformative future in online retail.
India's GenAI Boom: Innovation on the Rise, But Funding Woes Loom Large
India's generative AI sector is booming with new startups and patents, yet a funding crisis and infrastructure issues threaten its growth.
Chai Discovery Scores $70M, Revolutionizing Drug Design with AI
Chai Discovery has raised $70 million in funding to transform drug discovery using AI technology. Their advanced platform, Chai-2, promises to significantly speed up the process of designing new therapeutics, potentially changing the landscape of medicine.
Xovian Aerospace Lands $2.5M to Launch AI-Powered Satellite Tech
Bengaluru's Xovian Aerospace has raised $2.5 million to develop AI-driven radio frequency satellites, aiming to revolutionize data intelligence from space and enhance various sectors.
EON Space Labs Launches India's Lightest AI Space Telescope with $1.2M Funding
EON Space Labs has raised $1.2 million to develop MIRA, India's lightest AI space telescope, set to enhance the country's capabilities in earth observation and defense.
Mitigata Bags $5.9M to Supercharge AI-Driven Cyber Resilience
Mitigata has raised $5.9 million in Series A funding to enhance its AI-powered cyber resilience platform, aiming to unify security, compliance, and insurance for Indian businesses.
Metaforms Bags $9M to Shake Up Market Research with AI
Bengaluru's Metaforms just snagged $9 million in funding to supercharge market research with AI agents, making life easier for human teams.
SiMa.ai's $85 Million Funding: A Leap into the Future of Physical AI
SiMa.ai has raised $85 million in an oversubscribed funding round, signaling strong investor confidence in its Physical AI platform aimed at enhancing autonomous edge devices.
OpenAI's $8.3 Billion Funding: A Game-Changer in the AI Race
OpenAI's recent $8.3 billion funding round highlights the massive financial stakes in the AI industry, pushing its valuation to $300 billion. This influx of cash is set to fuel ambitious projects and solidify OpenAI's position as a leader in the race for artificial intelligence.