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,…
Tag: US
London’s talent lures OpenAI to the UK. But energy costs keep sovereign AI at bay — TFN
OpenAI is giving the UK mixed signals. Ink had barely dried on its pause during Stargate UK’s data centre project with Nvidia…
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…
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…
CoreWeave secures $6B cloud deal and $1B equity from Jane Street — TFN
Global trading firm Jane Street has agreed to spend around $6 billion on AI cloud services from CoreWeave, while also…
Collide Capital closes $95M fund to back early-stage fintech and supply chain startups — TFN
Collide Capital has closed its oversubscribed $95 million Fund II, bringing its total assets under management to more than $170…
AI marketing startup Profound hits unicorn status with $96M from Lightspeed, Sequoia — TFN
More consumers are using AI tools rather than search engines, creating a challenge for marketing teams. They can’t just track…
Turkish fintech CEO indicted in US on fraud, visa charges – Türkiye News
ISTANBUL A U.S. federal grand jury has indicted a Turkish national who serves as the founder and chief executive of…
Medical AI startup OpenEvidence doubles valuation to $12 billion in latest round
Jan 21 (Reuters) – OpenEvidence, an AI startup whose tools are used by U.S. physicians, has raised $250 million in…
Google-backed Isomorphic Labs delays clinical trial timeline
Jan 20 (Reuters) – Isomorphic Labs, which uses artificial intelligence for drug discovery, expects to have its first clinical trials…
Fintech startup Alpaca becomes first Japanese-founded unicorn in US
Startups Company providing trading infrastructure raises $150m for expansion, M&A Alpaca Chief Product Officer Hitoshi Harada, left, and CEO Yoshi…
Singapore cancer-testing startup sets sights on US expansion
Health Care Lucence aims to double revenue with Medicare coverage and lab partnership Blood samples are processed and analyzed at…
Musk’s Neuralink taps FDA regulator who led division overseeing the start-up
Dec 9 (Reuters) – Elon Musk’s brain implant company Neuralink has tapped a top U.S. health regulator responsible for overseeing…
AI startup Cohere CEO says US holds edge over China in AI race – Reuters
Cohere CEO sees U.S. and Canada leading AI commercialization Gomez contrasts Nvidia CEO’s view on China’s AI position Liberal democracies…
Jeff Bezos to co-lead AI startup in first operational role since Amazon, NYT reports
Nov 17 (Reuters) – Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence startup that focuses…