#capital-raising

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www.fastcompany.com
3 months ago
Artificial intelligence

As OpenAI inches toward chip-building, the company loses a key cofounder

AI researcher Andrej Karpathy has left OpenAI to pursue personal projects.
OpenAI plans to raise $7 trillion for their chip-making efforts. [ more ]
Saltwire
5 months ago
Artificial intelligence

Chinese AI startup 01.AI looks to raise $200 million -sources | SaltWire

AI startup 01.AI is raising up to $200 million in fresh capital after reaching a valuation of $1 billion last month.
01.AI is among several Chinese startups looking to gain users and catch up with market leader OpenAI by opening up their large language models to the public. [ more ]
New York Post
3 months ago
World news

China is hungry for investment funding - but why is Beijing unable to raise cash at home?

Chinese companies struggle to raise capital in their own country due to fraudulent accounting practices and lack of transparency
The Chinese government is complicit in these deceptive practices and actively blocks scrutiny [ more ]
TNW | Ecosystems
4 months ago
European startups

Belgian fund secures 4.8M first-close to boost local startups

Syndicate One has completed an initial €4.8mn close of its debut fund.
The group aims to boost Belgium-based tech startups with high potential.
Syndicate One plans to increase its team and involve more stakeholders in initiatives to strengthen Belgium's tech ecosystem. [ more ]
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