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16 results for funding

Meta Cuts Thousands of Jobs to Fund Big AI Technology InvestmentsStartups
Meta Cuts Thousands of Jobs to Fund Big AI Technology Investments

Meta lays off thousands to fund major investments in AI technology, aiming to streamline operations and focus on future growth.

May 21, 20262m read
SambaNova Secures $1 Billion Funding, Valued at $11 Billion Amid AI Chip BoomPolicy & Society
SambaNova Secures $1 Billion Funding, Valued at $11 Billion Amid AI Chip Boom

SambaNova raises $1B at an $11B valuation, highlighting rapid growth in AI chip technology just months after Intel's interest.

Jul 8, 20262m read
AI Tools
Mistral AI: The European Startup Taking on OpenAI

A tiny Paris-based team raised $1 billion and released an AI model that outperforms models twice its size. Meet the most interesting AI startup you might not have heard of.

May 12, 20262m read
Lovable Eyes Big Growth with $13.2 Billion Valuation in SightBig Tech
Lovable Eyes Big Growth with $13.2 Billion Valuation in Sight

Lovable is in talks to raise $300 million, aiming to double its valuation to $13.2 billion with Menlo Ventures leading the investment round.

Jul 9, 20261m read
Cybersecurity Firm Cyera Nears $12 Billion Valuation Amid Rapid GrowthBig Tech
Cybersecurity Firm Cyera Nears $12 Billion Valuation Amid Rapid Growth

Cyera is close to raising $300 million, pushing its valuation near $12 billion despite current operating losses.

Jun 3, 20262m read
Meet Mistral AI: The New Contender Bringing Open Source AI to EveryonePolicy & Society
Meet Mistral AI: The New Contender Bringing Open Source AI to Everyone

Mistral AI is a new open source AI company aiming to make cutting-edge artificial intelligence accessible to everyone worldwide.

Jul 5, 20262m read
Patronus AI Raises $50M to Create Digital Worlds for Testing AI AgentsHow It Works
Patronus AI Raises $50M to Create Digital Worlds for Testing AI Agents

Patronus AI raised $50M to build virtual digital worlds that test AI agents, helping companies create safer and smarter AI systems.

Jun 26, 20262m read
Theker Raises $85M to Create Flexible Factory Robots That Adapt to Any TaskBig Tech
Theker Raises $85M to Create Flexible Factory Robots That Adapt to Any Task

Theker raised $85M to build flexible factory robots that can be reconfigured for multiple tasks, unlike traditional specialized machines.

Jun 12, 20262m read
Mercor’s Brendan Foody Criticizes Sequoia for Using 'Dual-Pricing' in Startup ValuationsPolicy & Society
Mercor’s Brendan Foody Criticizes Sequoia for Using 'Dual-Pricing' in Startup Valuations

Mercor’s Brendan Foody calls out Sequoia for using 'dual-pricing,' a practice of selling the same startup shares at different prices to investors.

Jun 9, 20262m read
Big Tech
Inside Richard Socher’s Ambitious Plan to Create Self-Improving AI

Richard Socher’s new $650 million startup aims to build AI that can improve itself continuously and deliver real-world products.

May 14, 20262m read
Anthropic Reaches $1.5 Billion Settlement Over Copyright Claims in AI TrainingStartups
Anthropic Reaches $1.5 Billion Settlement Over Copyright Claims in AI Training

Anthropic’s $1.5B settlement ends one copyright lawsuit but leaves wider AI training data issues unresolved.

Jul 21, 20263m read
Index Ventures Co-Founder Neil Rimer Foresees Shifts in AI Wealth DistributionPolicy & Society
Index Ventures Co-Founder Neil Rimer Foresees Shifts in AI Wealth Distribution

Neil Rimer of Index Ventures predicts AI's vast wealth in Silicon Valley will eventually be redistributed, reshaping the tech economy.

Jul 19, 20263m read
OpenAI Considers Giving US Government 5% Stake to Share AI ProfitsStartups
OpenAI Considers Giving US Government 5% Stake to Share AI Profits

OpenAI has proposed giving the US government a 5% stake to share AI profits and address public concerns about artificial intelligence.

Jul 2, 20262m read
Suno Launches Spark Program to Support Independent Artists and Boost AI Music StreamingBig Tech
Suno Launches Spark Program to Support Independent Artists and Boost AI Music Streaming

Suno’s new Spark program offers grants and mentorship to unsigned artists but raises questions about music rights and remixing terms.

Jun 29, 20262m read
South Korea to Train Entire Military in Drone Warfare as Key Combat SkillAI Tools
South Korea to Train Entire Military in Drone Warfare as Key Combat Skill

South Korea plans to train its entire military to use drones, making them a key part of combat operations for all soldiers.

Jun 27, 20262m read
Sam Altman’s Eye-Scanning Startup Faces Layoffs Amid OpenAI’s IPO PlansPolicy & Society
Sam Altman’s Eye-Scanning Startup Faces Layoffs Amid OpenAI’s IPO Plans

Sam Altman’s eye-scanning startup, Tools for Humanity, faces layoffs due to revenue struggles while OpenAI prepares for its IPO.

Jun 9, 20262m read