Dutch cloud computing company Nebius has reportedly raised $700 million from investors including Nvidia. The company, which rebranded from Russian internet company Yandex, has sold that business’s search engine and now focuses on cloud-computing services for artificial intelligence (AI) operations, Bloomberg News reported Monday (Dec....
AI chip startup Tenstorrent has reportedly raised $700 million in its quest to challenge Nvidia. The investment — from Amazon founder Jeff Bezos and Samsung — values the company at roughly $2.6 billion, Bloomberg News reported Monday (Dec. 2). Tenstorrent plans to use the funding to expand its engineering...
Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants — Morgan Stanley — there’s plenty to go around, Bloomberg News reported Sunday (Nov. 17). That report tells the story...
In a flurry of funding announcements, Infinitus Systems secured $51.5 million to automate healthcare calls, TollBit raised $24 million to help publishers monetize artificial intelligence (AI) content usage and Attention pulled in $14 million to enhance sales conversation analysis. The investments signal growing market confidence...
July 05, 2024
Anthropic’s new funding program for advanced artificial intelligence (AI) evaluations aims to tackle safety and adoption challenges in AI. As global AI regulations tighten, from Nvidia’s potential antitrust charges in France to California’s pioneering safety laws, the stakes have never been higher. Amid these shifts, tech giants are flagging AI risks in Securities and Exchange […]
December 13, 2024
Databricks reportedly is close to raising $9.5 billion in a funding round, a feat that would create one of the largest-ever venture capital funding rounds. The final number could still go up before the round is finalized next week, Reuters reported Friday (Dec. 13), citing unnamed sources. The deal would value the company at over $60 […]
December 02, 2024
Dutch cloud computing company Nebius has reportedly raised $700 million from investors including Nvidia. The company, which rebranded from Russian internet company Yandex, has sold that business’s search engine and...
December 02, 2024
AI chip startup Tenstorrent has reportedly raised $700 million in its quest to challenge Nvidia. The investment — from Amazon founder Jeff Bezos and Samsung — values the company at roughly $2.6...
November 18, 2024
Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants — Morgan Stanley — there’s...
