#ai-funding

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#elon-musk

Elon Musk's xAI is reportedly trying to raise billions more | TechCrunch

xAI is seeking to raise funding with a valuation aimed at $40 billion, almost doubling its previous valuation.
xAI's first AI model, Grok, is integrated into Musk's social network X, showing its operational significance.

Report: Elon Musk's generative AI startup xAI to close on $6B funding round next month - SiliconANGLE

XAI Corp., Elon Musk's AI startup, seeks to raise $6 billion, with potential valuation exceeding $24 billion, highlighting competition with OpenAI.
Access to high-quality data from X (formerly Twitter) sets XAI apart, reducing the need for partnerships for training large language models like its flagship chatbot Grok.

Elon Musk's xAI is reportedly trying to raise billions more | TechCrunch

xAI is seeking to raise funding with a valuation aimed at $40 billion, almost doubling its previous valuation.
xAI's first AI model, Grok, is integrated into Musk's social network X, showing its operational significance.

Report: Elon Musk's generative AI startup xAI to close on $6B funding round next month - SiliconANGLE

XAI Corp., Elon Musk's AI startup, seeks to raise $6 billion, with potential valuation exceeding $24 billion, highlighting competition with OpenAI.
Access to high-quality data from X (formerly Twitter) sets XAI apart, reducing the need for partnerships for training large language models like its flagship chatbot Grok.
moreelon-musk
#openai

OpenAI secured more billions, but there's still capital left for other startups | TechCrunch

OpenAI raised $6.6 billion, reaching a $157 billion valuation amidst warnings of an overheating startup market.

OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round

OpenAI secures a $4 billion credit line, strengthening its financial position after a $6.6 billion investment, highlighting its capital needs and market value.

Here's the full list of 39 US AI startups that have raised $100M or more in 2024 | TechCrunch

Venture funding for AI companies surged to $18.9 billion in Q3 2024, reflecting strong investor confidence in the sector.
OpenAI's $6.6 billion venture round marked the largest deal in venture capital history.
Major funding rounds in AI demonstrate that investor interest remains high despite signs of AI fatigue.

OpenAI secured more billions, but there's still capital left for other startups | TechCrunch

OpenAI raised $6.6 billion, reaching a $157 billion valuation amidst warnings of an overheating startup market.

OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round

OpenAI secures a $4 billion credit line, strengthening its financial position after a $6.6 billion investment, highlighting its capital needs and market value.

Here's the full list of 39 US AI startups that have raised $100M or more in 2024 | TechCrunch

Venture funding for AI companies surged to $18.9 billion in Q3 2024, reflecting strong investor confidence in the sector.
OpenAI's $6.6 billion venture round marked the largest deal in venture capital history.
Major funding rounds in AI demonstrate that investor interest remains high despite signs of AI fatigue.
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ODSC's AI Weekly Recap: Week of August 30th

AI platforms are attracting significant funding to enhance operational efficiency across various industries. Innovations like Grafana Labs and DEFCON AI lead this trend.
#tech-startups

Ilya Sutskever's SSI startup raises $1B

SSI raised over $1 billion in funding to pursue developing safe superintelligence, underlining ongoing strong interest in AI despite speculations of an AI bubble burst.

ODSC's AI Weekly Recap: Week of March 22nd

MIT researchers work on AI peripheral vision
Saudi Arabia invests $40 billion in AI fund
Nvidia introduces faster AI chip

Ilya Sutskever's SSI startup raises $1B

SSI raised over $1 billion in funding to pursue developing safe superintelligence, underlining ongoing strong interest in AI despite speculations of an AI bubble burst.

ODSC's AI Weekly Recap: Week of March 22nd

MIT researchers work on AI peripheral vision
Saudi Arabia invests $40 billion in AI fund
Nvidia introduces faster AI chip
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Europe's unicorns have risen to 447.4B in total value, report finds

Europe's active unicorns now valued at €447.4bn, indicating steady market growth and increased deal activity in 2024.

UK Government Scraps 1.3bn Earmarked for AI and Tech Innovation

The UK government has reallocated £1.3 billion earmarked for AI and tech innovation, impacting projects like the development of an exascale supercomputer and AI research facilities.
#venture-capital

Venture Capitalists: AI Now Significant Part of Funding Pitches

AI is a central aspect of funding pitches for start-ups, with over 80% incorporating it.
Companies utilizing AI are seen as moving faster and seizing big problem spaces.

Ten of the Largest AI Funding Rounds in 2024 So Far

Top AI funding rounds of 2024: California-based company raised over $6.1B in Series B, showcasing significant growth and investment in AI.

Ten of the Largest AI Funding Rounds in 2024 So Far

AI funding has surged in 2024, indicating increasing interest and potential in the technology.

Despite global frenzy, investor enthusiasm in China's AI startups wanes | TechCrunch

China's AI funding has declined in recent years, with a 38% decline in investments and a 70% decrease in total funding in 2023 compared to the previous year.
The decline in AI funding in China may be attributed to factors such as increased regulatory scrutiny and the ongoing sluggishness of global VC investments.

Venture Capitalists: AI Now Significant Part of Funding Pitches

AI is a central aspect of funding pitches for start-ups, with over 80% incorporating it.
Companies utilizing AI are seen as moving faster and seizing big problem spaces.

Ten of the Largest AI Funding Rounds in 2024 So Far

Top AI funding rounds of 2024: California-based company raised over $6.1B in Series B, showcasing significant growth and investment in AI.

Ten of the Largest AI Funding Rounds in 2024 So Far

AI funding has surged in 2024, indicating increasing interest and potential in the technology.

Despite global frenzy, investor enthusiasm in China's AI startups wanes | TechCrunch

China's AI funding has declined in recent years, with a 38% decline in investments and a 70% decrease in total funding in 2023 compared to the previous year.
The decline in AI funding in China may be attributed to factors such as increased regulatory scrutiny and the ongoing sluggishness of global VC investments.
moreventure-capital

Self Driving Startup Wayve Gets $1B Investment

SoftBank leads $1B investment in UK's Wayve, Europe's largest AI funding; advances self-driving tech with embodied AI, reducing costs and enhancing deployment speed.

'We will lose out': Budget gets a fail mark for AI funding

Lack of new funding for AI in Albanese government's Budget.

Senate unveils $32 billion roadmap for regulating AI

Proposed roadmap for AI regulation calls for $32 billion yearly for non-defense AI innovation.

Senators Propose $32 Billion in Annual A.I. Spending but Defer Regulation

A bipartisan group of senators released a plan for AI funding and regulations with a focus on addressing risks and supporting innovation.

AI in some senses is too hyped, says DeepMind CEO Demis Hassabis

AI's transformative potential is real but also faces a hype cycle. Investor interest in generative AI startups is reminiscent of past hyped sectors like cryptocurrency.
DeepMind CEO Demis Hassabis acknowledges the risks of AI hype and misrepresentation but remains optimistic about AI's long-term impact on scientific discovery.

Here are 6 mind-blowing AI tools from Europe you should definitely know about

European-based companies lead in AI innovation globally.
European-made AI tools like CleanUp.pictures and Live Chat have widespread global applications.

Blackstone's 77-year-old CEO who says 'email' is his favorite app

Steve Schwarzman, CEO of Blackstone, is a major funder of AI and believes in its potential for various industries.
Schwarzman is investing heavily in AI advancement through donations to universities and is working to promote AI as assisting, not replacing, humans.

Turning AI frenzy into fundraising strategy: How startups can win the 2024 investment race

Generative AI funding declined by 55.3% in Q4 2023
Investors now seek strategic defensibility and differentiation in AI companies

ODSC's AI Weekly Recap: Week of February 9th

EU member states vote on new proposal related to AI
Venture capitalists recognize AI as central issue in funding pitches

Meet 12 Asteroid Shots in AI

The Stanford Institute for Human-Centered AI funds innovative projects that leverage AI to address scientific or societal challenges.
One of the funded projects uses AI to explore the social lives of concepts to better understand culture and identify effective interventions.

AI startup Cohere raises $450 million from Nvidia, Salesforce, Cisco and more

Canadian AI startup Cohere raised $450 million, with potential increase to $5 billion valuation in ongoing fundraising.
Cohere saw revenue growth from $13 million to $35 million annually, focuses on data privacy in generative AI solutions.
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