UK Launches £500M Sovereign AI Unit to Back British Startups and Reduce Reliance on Foreign Tech Giants
The British government has unveiled the Sovereign AI Unit, a £500 million initiative designed to invest directly in homegrown AI…
Tag: ai
OpenAI in talks to fund DeployCo with $1.5B to make AI easier for companies to use: report — TFN
OpenAI is close to forming a $10 billion joint venture with several private equity firms, FT reports. This new venture,…
Esther and Anne Wojcicki join new healthcare accelerator, fund | TechCrunch
A new residency-venture program helps to tackle one of the most pressing issues in the U.S. — healthcare. Mary Minno,…
Esther and Anne Wojcicki back new healthcare accelerator, fund | TechCrunch
A new residency-venture program helps to tackle one of the most pressing issues in the U.S. — healthcare. Mary Minno,…
Project A backs Linexa with €2M to make production lines AI-ready — TFN
Linexa secured a €2 million pre-seed round led by Project A, with angel investments from Thomas Böck, Bastian Nominacher, and…
Trump Hints at Thaw With AI Firm Anthropic
US President Donald Trump suggested Tuesday he would be open to better relations with Anthropic to end a dispute between…
Ex-Stripe execs scoop €7.5M to automate the financial back office for early-stage startups — TFN
Seapoint has raised €7.5 million in seed funding, led by London-based fintech VC 13books. More than 40 angel investors joined,…
BlackRock and JPMorgan back Bezos’ AI lab in a $10B raise at $38B valuation: report — TFN
Jeff Bezos is close to finishing a $10 billion funding round for his AI lab, Project Prometheus, which would value…
Amazon invests another $5 bn in Anthropic
As Amazon invests billions of dollars in Anthropic, the AI startup commits to spending heavily on the tech titan’s AWS…
Amazon invests another $5 bn in Anthropic
As Amazon invests billions of dollars in Anthropic, the AI startup commits to spending heavily on the tech titan’s AWS…
Coral raises $12.5M from Lightspeed and Z47 to automate healthcare admin — TFN
Coral, a New York-based company, has raised $12.5 million in seed funding led by Lightspeed and Z47. The company aims…
Revolut targets 2028 IPO with $150B valuation in sight — TFN
Nik Storonsky, co-founder and CEO of Europe’s most valuable fintech, stated that Revolut plans to go public in two years,…
Fintech CTO slams Anthropic over mass Claude suspensions, warns developers ‘never put all your eggs in one basket’ | Mint
Anthropic abruptly suspended more than 60 Claude AI accounts belonging to Belo, a Latin American fintech app focused on international…
AI startups are moving into smaller neighborhoods and shifting San Francisco’s economic center
Despite the pandemic, an exodus of tech companies, and a feared “doom loop,” a one-two punch of return-to-office mandates and the explosion…
In a rapidly developing Vietnam, high-tech industries take root
In a gleaming skyscraper in the heart of Ho Chi Minh City, Vietnam, a handful of software engineers huddled over…
NorthX invests $2.2 million in trio of BC wildfire tech startups
NorthX Climate Tech announced more than $2.2 million worth of follow-on investments in a trio of British Columbia (BC)…
London Startup Luna Raises $5.8 Million With Aim of Giving Every Business Its Own AI Workforce
By the time most companies figure out how to deploy one AI agent, Lua wants them to have an entire…
Sequoia Capital raises $7B expansion fund to back AI startups — TFN
Sequoia Capital, founded in Menlo Park in 1972 with $56 billion in assets under management, has raised around $7 billion…