Ai Startups news and trends

Revo Capital Launches $100 Million Effort for Turkish AI Firms
Investments // December 18, 2023

Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing Director Cenk Bayrakdar told Bloomberg News in an interview Monday (Dec. 18), with a focus on firms that develop AI and...

Report: DeepMind Vet Raises $14 Million For AI Startups
Investments // September 26, 2023

A veteran of Google’s artificial intelligence (AI) unit has reportedly launched his own fund to back startups in that space.  Vishal Maini, a one-time researcher for Google’s DeepMind, has founded Mythos Ventures and thus far raised at least $14 million for AI startups, Bloomberg News reported Tuesday (Sept....

Element AI Raises $102M To Add Employees, Invest In Startups, Develop Its Business
Investments // June 15, 2017

Element AI, a Montreal-based AI platform and incubator that is aiming to be the place for all companies that want to build or add AI into their businesses, has raised $102 million in the venture capital funding round. According to a report in TechCrunch, the funding...

Quick Reads
Amazon Gives $230 Million in AWS Credits to AI Startups

June 13, 2024
Amazon is reportedly investing $230 million in Amazon Web Services (AWS) credits in AI startups. As Reuters reported Wednesday (June 13), these credits will give early-stage generative artificial intelligence (AI) firms free access to computing power, a variety of AI models, and infrastructure, provided they build their companies using AWS. According to the report, Amazon says it already offers […]

Revo Capital Launches $100 Million Effort for Turkish AI Firms

December 18, 2023
Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing Director Cenk Bayrakdar told Bloomberg News...

Report: DeepMind Vet Raises $14 Million For AI Startups

September 26, 2023
A veteran of Google’s artificial intelligence (AI) unit has reportedly launched his own fund to back startups in that space.  Vishal Maini, a one-time researcher for Google’s DeepMind, has founded Mythos Ventures...

Element AI Raises $102M To Add Employees, Invest In Startups, Develop Its Business

June 15, 2017
Element AI, a Montreal-based AI platform and incubator that is aiming to be the place for all companies that want to build or add AI into their businesses, has raised...