AI funding

VC Investors Shrink as Money Goes to Big Tech Startups

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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Healthcare Call Firm Infinitus Systems and Content Marketplace TollBit Net AI Funding
Healthcare Call Firm Infinitus Systems and Content Marketplace TollBit Net AI Funding
October 24, 2024  |  Artificial Intelligence

In a flurry of funding announcements, Infinitus Systems secured $51.5 million to automate healthcare calls, TollBit raised $24 million to help publishers monetize artificial intelligence...

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OpenAI Forecast Suggests Five Years Until Profit
OpenAI Forecast Suggests Five Years Until Profit
October 10, 2024  |  Artificial Intelligence

OpenAI is reportedly not anticipating to reap yearly profits for another five years. Get the Full Story Complete the form to unlock this article and...

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