AI Investment

VC Veterans: AI Now a Part of 80% of Funding Pitches
VC Veterans: AI Now a Part of 80% of Funding Pitches
February 04, 2024  |  artificial intelligence

For Mamoon Hamid and Ilya Fushman, hearing investment pitches means hearing about AI. The two venture capital (VC) veterans talked about the funding landscape and their firm Kleiner Perkins in a...

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Report: Anthropic 2024 Revenue Could Approach $1 Billion
Report: Anthropic 2024 Revenue Could Approach $1 Billion
December 27, 2023  |  artificial intelligence

Artificial intelligence startup Anthropic has reportedly forecast revenues of more than $850 million next year. That’s according to a report Tuesday (Dec. 26) by The Information, citing...

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Companies Build In-House AI Models for Specific Tasks
Companies Build In-House AI Models for Specific Tasks
December 26, 2023  |  artificial intelligence

Despite OpenAI’s popularity, businesses are reportedly turning to smaller artificial intelligence (AI) models that fit their needs. A report Tuesday (Dec. 26) by Quartz examines this...

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Menlo Ventures Raises $1.35 Billion for Fledgling AI Firms
Menlo Ventures Raises $1.35 Billion for Fledgling AI Firms
November 16, 2023  |  Investments

Menlo Ventures has raised $1.35 billion to invest in artificial intelligence (AI) ventures. The new capital will be split between early-stage fund Menlo XVI and early...

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Report: Google Weighs Further Investment in Character.AI
Report: Google Weighs Further Investment in Character.AI
November 12, 2023  |  artificial intelligence

Google could reportedly bolster its partnership with Character.AI via a significant investment. The tech giant is in discussions to inject hundreds of millions into the artificial intelligence (AI) startup to...

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Early OpenAI Investor: Most AI Firms Won’t Make Money
Early OpenAI Investor: Most AI Firms Won’t Make Money
October 29, 2023  |  artificial intelligence

OpenAI is an artificial intelligence (AI) success story.  But one of its early investors says it is the exception in an overvalued sector, not the rule,...

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Google Strengthens Anthropic Ties With $2 Billion Investment
Google Strengthens Anthropic Ties With $2 Billion Investment
October 29, 2023  |  artificial intelligence

Google could reportedly invest another $2 billion in artificial intelligence (AI) firm Anthropic. The tech giant, which already invests in Anthropic, has already given the OpenAI competitor...

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SoftBank Seeks AI Deals After Successful Arm Listing
SoftBank Seeks AI Deals After Successful Arm Listing
September 17, 2023  |  artificial intelligence

SoftBank reportedly wants to invest in artificial intelligence (AI) after successfully taking tech company Arm public. Masayoshi Son, founder and CEO of the Japanese conglomerate, is...

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AI Gets $435M Fundraising Boost From Emergence Capital
AI Gets $435M Fundraising Boost From Emergence Capital
May 22, 2018  |  Artificial Intelligence

Emergence Capital has raised a $435 million fund to invest in companies that use artificial intelligence (AI) to help people increase their work productivity. Founded...

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