Former xAI and Google staffer Tina Oberoi is in talks to raise $50 million in seed funding for a startup called Moir that is focused on combating deepfakes by enabling individuals to prove their identity online, Bloomberg reported Monday (Sept. 21), citing an unnamed source....
Apollo Global Management is investing in startups focused on artificial intelligence and the related hardware and plans to lend them money in the future, The Information reported Wednesday (Sept. 16), citing unnamed sources. Examples include Apollo’s investments in chip startup SiFive and AI-powered factory developer...
Emulate, a month-old startup founded by former Google DeepMind researchers, is reportedly close to landing hundreds of millions of dollars in new funding. The U.K.-based company is in advanced discussions with prospective investors to raise up to $700 million, valuing Emulate at $3.7 billion, the Financial Times...
Spear Street Technology, which operates artificial intelligence assistant Instinct, is in discussions to raise $1 billion, The Information reported Tuesday (Sept. 15). The new funding would value the company at $10 billion, according to the report, which cited an unnamed source. The startup is seeking...
Artificial intelligence startup Cohere is in advanced talks to raise between $2 billion and $3 billion at a valuation of $20 billion, The Globe and Mail reported Friday (Sept. 11). The deal could close as soon as next week, although it has not been finalized,...
Watch more: Need to Know With FGV Capital’s Marcos Fernandez The first institutional check used to finance much of the machinery required to turn an idea into a company. Founders needed engineers, product teams and other employees early, often before they had enough time with...
Two veterans of mobile banking firm MoneyLion have launched Astraeus, an infrastructure platform for wealth management companies. The company announced its launch last week, saying it comes as wealth management companies are trying to capitalize on artificial intelligence (AI) after years of running their businesses with a variety of different...
The startup org chart used to look like a wedding seating plan: founders, engineers, sales, marketing, finance, legal, HR, three advisors no one could identify and a “growth person” whose job was mostly interpretive dance with dashboards. Now it looks more like a group chat:...
Hadrian Automation, a defense manufacturing startup that speeds up production with artificial intelligence-powered factories, has denied a report that it is discussing a new funding round that would see it raise $1 billion at a valuation of $7.5 billion. Bloomberg reported these figures Tuesday (June...