AI investments

Anthropic and Menlo Ventures Launch $100 Million AI Startup Fund
Anthropic and Menlo Ventures Launch $100 Million AI Startup Fund
July 17, 2024  |  artificial intelligence

Anthropic and Menlo Ventures have launched a $100 million fund for artificial intelligence (AI) startups. “We created this fund to fuel the next generation of...

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AI Money: Tech Giants Ramp Up AI Investments
AI Money: Tech Giants Ramp Up AI Investments
July 11, 2024  |  artificial intelligence

AMD is set to acquire Finland’s Silo AI for $665 million, underscoring its commitment to artificial intelligence (AI) innovation. Simultaneously, CyrusOne has secured $9.7 billion...

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Forestay’s New $220M Fund Targets the ‘Inflection Point’ in AI Startups
Forestay’s New $220M Fund Targets the ‘Inflection Point’ in AI Startups
July 11, 2024  |  Investments

High interest rates usually spell trouble for venture capital (VC) firms. But with a hot hand to play like AI and cybersecurity, and a shrewd...

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Sanctuary AI Marks $140 Million in Funding for ‘Humanlike’ Robots
Sanctuary AI Marks $140 Million in Funding for ‘Humanlike’ Robots
July 03, 2024  |  artificial intelligence

Canada’s Sanctuary AI has landed new funding to create “humanlike intelligence in general purpose robots.” The unspecified funding amount, announced Wednesday (July 3), came from venture...

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AI Projects Push Venture Funding to a Two-Year High
AI Projects Push Venture Funding to a Two-Year High
July 03, 2024  |  Investments

Thanks to AI, American venture funding reached its highest quarterly total in two years. Venture capital (VC) investments for the second quarter came to $55.6...

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This Week in AI: Transforming Accounting, Governance, Energy Efficiency and Tech Investments
This Week in AI: Transforming Accounting, Governance, Energy Efficiency and Tech Investments
June 28, 2024  |  artificial intelligence

The artificial intelligence (AI) revolution drives transformative changes across various sectors, from accounting and regulatory frameworks to energy efficiency and tech infrastructure. Venture capital firm...

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SoftBank CEO Masayoshi Son: AI Will Drive ‘Evolution of Humanity’
SoftBank CEO Masayoshi Son: AI Will Drive ‘Evolution of Humanity’
June 21, 2024  |  artificial intelligence

Ten years from now, artificial intelligence (AI) will be 10,000 times smarter than humans, SoftBank CEO Masayoshi Son reportedly said Friday (June 21). Speaking during SoftBank’s annual...

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AI Stocks Fall as Investors Grow More Choosy
AI Stocks Fall as Investors Grow More Choosy
June 19, 2024  |  Investments

“Just saying ‘AI’ 15 times is not going to cut it anymore.” So said Stuart Kaiser, head of U.S. equity trading strategy at Citi, speaking...

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India’s AI Aspirations Draw Multibillion Big Tech Investments
India’s AI Aspirations Draw Multibillion Big Tech Investments
June 17, 2024  |  artificial intelligence

Amazon and Microsoft are reportedly investing billions in India’s artificial intelligence (AI) efforts. As the Financial Times (FT) reported Monday (June 17), India is offering incentives for tech companies to...

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