AI funding

Musk vs OpenAI Nonprofit Trial Could Commence in December
Musk vs OpenAI Nonprofit Trial Could Commence in December
March 16, 2025  |  artificial intelligence

OpenAI and Elon Musk have reportedly agreed to a trial date over OpenAI’s for-profit transition. The artificial intelligence (AI) startup and the world’s wealthiest person...

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Reflection AI Raises $130 Million to Build Autonomous Coding Systems
Reflection AI Raises $130 Million to Build Autonomous Coding Systems
March 07, 2025  |  Investments

Artificial intelligence (AI) startup Reflection AI emerged from stealth Friday (March 7), saying it is focused on building autonomous coding systems. “At Reflection, we’re building superintelligent...

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AI Startups: Google-Backed IT Startup NinjaOne Raises $500 Million
AI Startups: Google-Backed IT Startup NinjaOne Raises $500 Million
March 04, 2025  |  artificial intelligence

NinjaOne, a provider of automated endpoint management that enables companies to oversee and protect all their computers and devices, has raised $500 million for a...

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Luminance Raises $75 Million for ‘Panel of Judges’ Legal AI Offering
Luminance Raises $75 Million for ‘Panel of Judges’ Legal AI Offering
February 18, 2025  |  artificial intelligence

Artificial intelligence (AI) firm Luminance has raised $75 million to scale its legal-industry-focused technology. “This funding is all about innovation, expansion and scaling,” Eleanor Lightbody,...

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Divided Picture Emerges on Tech and Enterprise AI Spend
Divided Picture Emerges on Tech and Enterprise AI Spend
February 14, 2025  |  artificial intelligence

Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings....

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Report: AI Startup Safe Superintelligence Aims to Quadruple Valuation to $20 Billion
Report: AI Startup Safe Superintelligence Aims to Quadruple Valuation to $20 Billion
February 07, 2025  |  artificial intelligence

Artificial intelligence (AI) startup Safe Superintelligence is reportedly in talks for a funding round that would quadruple its valuation to $20 billion. The company, which was...

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Sereact Raises $26 Million for AI Warehouse Robotics Efforts
Sereact Raises $26 Million for AI Warehouse Robotics Efforts
January 20, 2025  |  artificial intelligence

German tech company Sereact has raised $26 million for its AI-powered robotics efforts. The company’s Series A round, announced Monday (Jan. 20), will allow Sereact...

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VC Investors Shrink as Money Goes to Big Tech Startups
VC Investors Shrink as Money Goes to Big Tech Startups
January 02, 2025  |  Investments

The number of active U.S. venture capital (VC) investors has reportedly fallen since 2021. That was a peak year for the VC world, but as the Financial...

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OpenAI Board Considering Transforming For-Profit Into Delaware Public Benefit Corporation
OpenAI Board Considering Transforming For-Profit Into Delaware Public Benefit Corporation
December 27, 2024  |  artificial intelligence

OpenAI’s board of directors plans to transform the organization’s for-profit arm into a Delaware Public Benefit Corporation (PBC) in order to raise the capital it needs...

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