AI funding

Divided Picture Emerges on Tech and Enterprise AI Spend

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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