AI investments

Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture
Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture
January 21, 2025  |  artificial intelligence

President Donald Trump is reportedly set to announce private sector investment of up to $500 billion in artificial intelligence infrastructure. The investment will come from...

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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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AI Startups: A Metaverse Firm Snags $3 Billion as Anthropic Rises
AI Startups: A Metaverse Firm Snags $3 Billion as Anthropic Rises
January 14, 2025  |  artificial intelligence

Remember the metaverse? The popularity of artificial intelligence (AI) has put some vigor back into virtual reality/extended reality (VR/XR) virtual worlds. Take Florida-based Infinite Reality,...

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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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Tech Giants Bet Big on AI as Data Shows Clear Winners
Tech Giants Bet Big on AI as Data Shows Clear Winners
December 26, 2024  |  artificial intelligence

Companies embracing artificial intelligence (AI) are pulling ahead of competitors, with Bridgeline’s HawkSearch reporting new customers each week, IBM finding open-source AI users seeing higher...

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Agentic AI and Personalized Shopping Experiences Will Dominate 2025
Agentic AI and Personalized Shopping Experiences Will Dominate 2025
December 23, 2024  |  artificial intelligence

Tech executives and investors told PYMNTS that artificial intelligence will reshape retail shopping in 2025, with AI assistants offering unprecedented personalization and handling up to...

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Google Reassures Investors in ‘Astonishing’ Month for AI
Google Reassures Investors in ‘Astonishing’ Month for AI
December 22, 2024  |  artificial intelligence

Google’s recent artificial intelligence (AI) efforts have reportedly calmed fears it was lagging its rivals. As the Financial Times (FT) reported Sunday (Dec. 22), the...

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Boon Raises $20.5 Million to Grow AI-Powered Platform for Fleets
Boon Raises $20.5 Million to Grow AI-Powered Platform for Fleets
December 20, 2024  |  Investments

Boon announced $20.5 million in combined seed and Series A funding to build an artificial intelligence (AI) platform for commercial fleets. “With $20.5M raised, we...

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Report: Perplexity Closed $500 Million Funding Round in Early December
Report: Perplexity Closed $500 Million Funding Round in Early December
December 18, 2024  |  Investments

Perplexity AI reportedly closed a $500 million funding round earlier this month. The round tripled the artificial intelligence (AI) startup’s valuation to $9 billion, Bloomberg reported Wednesday...

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