Argil has closed a seed round supporting its artificial intelligence (AI)-powered platform that helps businesses, educators and creators produce videos. The company raised 4.9 million...
SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. It’s part of an effort by SoftBank Group CEO Masayoshi Son to strengthen the company’s stake in OpenAI...
Artificial intelligence (AI) development platform Lightning AI has obtained a $50 million equity investment. The company, maker of the PyTorch Lightning open AI framework, announced...
Elon Musk’s artificial intelligence (AI) startup xAI reportedly raised $5 billion in a funding round, valuing the company at $50 billion. The new financing brings the...
Nvidia’s push into overseas artificial intelligence (AI) infrastructure highlights growing worries about America’s outdated power grid. The potential departure of AI investment spotlights a critical...
Venture capital firms are reportedly struggling amid a lack of mergers, acquisitions and public listings. It’s a situation that has led to a liquidity drought...
Amazon is reportedly in talks to make a second multibillion-dollar investment in artificial intelligence (AI) startup Anthropic, mirroring its initial $4 billion deal from March...
Artificial intelligence is fueling explosive growth in the tech industry, with companies from chip manufacturers to security startups reporting soaring revenues and attracting significant investment....
A recent stock market rally hasn’t made American venture investors any less cautious. That’s according to a report Thursday (Oct. 10) by Reuters, citing new Pitchbook-NVCA data...