AI funding

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. Get the Full Story...

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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. Get the Full Story Complete the form to unlock this article and...

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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. Get the Full Story Complete the form to unlock this article and enjoy...

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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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Report: Databricks Close to Raising Record $9.5 Billion Amid AI Boom
Report: Databricks Close to Raising Record $9.5 Billion Amid AI Boom
December 13, 2024  |  Investments

Databricks reportedly is close to raising $9.5 billion in a funding round, a feat that would create one of the largest-ever venture capital funding rounds....

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Nvidia Helps Cloud Computing Firm Nebius Raise $700 Million
Nvidia Helps Cloud Computing Firm Nebius Raise $700 Million
December 02, 2024  |  Investments

Dutch cloud computing company Nebius has reportedly raised $700 million from investors including Nvidia. Get the Full Story Complete the form to unlock this article...

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Nvidia Challenger Tenstorrent Gets $700 Million to Bolster AI Tech
Nvidia Challenger Tenstorrent Gets $700 Million to Bolster AI Tech
December 02, 2024  |  Investments

AI chip startup Tenstorrent has reportedly raised $700 million in its quest to challenge Nvidia. Get the Full Story Complete the form to unlock this article and...

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Banks and Private Finance Seek Slices of $1 Trillion AI Pie
Banks and Private Finance Seek Slices of $1 Trillion AI Pie
November 18, 2024  |  artificial intelligence

Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. Get the Full Story Complete the form to unlock this article...

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