Artificial intelligence coding startup Cognition raised over $2 billion at a $48 billion valuation in a Series E funding round, the company said in a Tuesday (Sept. 8) blog post. This announcement came just over three months after a May 27 Series D funding round...
Coca-Cola thinks its artificial intelligence just solved one of the oldest headaches in retail: knowing what to stock, and how much to buy. Coke Buddy, Coca-Cola’s self-ordering platform for retailers, lets merchants buy products through its app, website or WhatsApp, with personalized purchase suggestions, promotions...
As Congress returned from its summer recess last week, lawmakers proposed a series of artificial intelligence-related measures, including a ban on development of superintelligent AI systems and human review of health insurance decisions. The most sweeping proposal came from Sen. Bernie Sanders of Vermont, whose...
Anthropic’s revenue jumped to more than $11.5 billion in its second quarter, up from $787 million a year earlier, CNBC reported. That pace of growth is pushing the company to weigh a harder question than most startups face: keep renting its financial infrastructure or start...
Runway AI, a company building world models as well as platforms built on top of those models, has doubled its annual recurring revenue (ARR) since April, reaching $200 million, Co-Founder and Co-CEO Anastasis Germanidis said in a Tuesday (Sept. 8) post on LinkedIn. The platforms...
Healthcare technology developer Forus raised $150 million in new funding, according to a Tuesday (Sept. 8) press release. The startup’s Series C round values Forus at $3 billion and will help the company bring its product to new medical offices around the country, the release...
France-based artificial intelligence startup Mistral raised a record 3 billion euros (about $3.5 billion) in funding, according to a Tuesday (Sept. 8) company blog post. The company’s Series D is the largest equity fundraising round on record for a European tech company, per the post....
Pinterest is best known as a place where people go to find ideas, from home décor to weeknight dinners. Behind that simple experience sits one of the most complex artificial intelligence systems in social media. Pinterest serves 600 million people every month and processes more...
Google has reportedly teamed with Accenture to help customers deploy Google Cloud’s agentic artificial intelligence platform. That’s according to a report Tuesday (Sept. 8) from the Wall Street Journal (WSJ), which calls the collaboration the latest example of companies wagering that forward-deployed engineers are crucial to deriving business value from...