Vast Data's Strategic Growth: Securing $9 Billion Valuation Amid AI Boom
VAST Data did not necessarily require new funding for operations, as CEO and co-founder Renen Hallack stated the company has largely left previous capital unspent.
Venture Capital
A collection of 312 posts
Together AI Raises $102.5M Series A to Scale its Generative AI Platform
As AI rapidly moves from research labs into real-world software, Together AI aims to ensure generative models don’t become walled gardens controlled by one or two dominant players.
HeyGen Launches Avatar 2.0 and Announces $5.6 Million in New Funding
The new offering allows individuals and businesses to conveniently generate avatars using smartphone footage, rather than rely on professional photos or a prolonged development process.
Pika Launches Impressive AI-Powered Video Platform, Raises $55M
The platform's intuitive design and powerful AI tools enable users to bring their stories to life in ways previously unimaginable.
Martian Emerges from Stealth with $9M Seed Funding to Bring Model Router Tech to Enterprises
Martian says Model Router achieved higher scores than GPT-4 on OpenAI's model evaluation benchmarks by optimizing across multiple models.
Sunnyside Secures $11.5M in Series A Funding to Reinforce Mindful Drinking Movement
Sunnyside takes a unique approach in the alcohol health space by helping people manage their drinking without pressuring them to quit entirely.
Forward Health Unveils AI-Powered 'CarePods' and Announces $100 Million in New Funding
The concept behind CarePods is to offer an immersive experience where patients are in control of their health journey.
Atlas Emerges from Stealth with $6M Funding to Reshape Game Development and Virtual Worldbuilding
Atlas' platform enables developers to produce detailed 3D models from reference images and text, significantly reducing the time and resources typically required for such endeavors.
Elucid Secures $80 Million to Drive Adoption of AI-Powered Cardiac Imaging
The company says it will leverage the new capital to expand commercialization and clinical research efforts for its suite of cardiac imaging analysis products.
Tabnine Raises $25M to Advance AI-Powered Coding
Tabnine envisions AI maturing from an assistant role to a full platform capable of accelerating the entire software development lifecycle.
AI-Powered Video Editor Ozone Raises $7 Million, Launches Public Beta
Ozone will use the new funding to continue developing its product and expand its workforce.
IBM Launches $500 Million Fund to Fuel Enterprise AI Innovation
The IBM Enterprise AI Venture Fund will target investments in companies at various stages, from early-stage startups to more mature "hyper-growth" AI firms. The goal is to accelerate advancement and adoption of AI across industries.
Replit Raises $20 Million From Craft Ventures to Provide Liquidity for Employees
This new capital will empower a tender offer for current and former Replit team members to provide stock liquidity.
Aleph Alpha Secures Over $500 Million in Series B Funding for Sovereign AI Expansion
The funding aims to accelerate the development and commercialization of the company's explainable and trustworthy generative AI technologies for business-critical applications.
Chinese AI Startup 01.AI Reaches Unicorn Status with Open-Source Model Yi-34B
The brainchild of renowned computer scientist Kai-Fu Lee, 01.AI aims to develop AI systems tailored for the Chinese market.
Defense Startup Shield AI Raises $200 Million to Scale Autonomous Tech
The funding will be used to scale and deploy Shield AI’s V-BAT Teams product domestically and internationally and accelerate tech integration with third-party uncrewed platforms.
Ambient.ai Secures $20M from Allegion to Advance AI-Powered Physical Security
This strategic investment heralds a promising future for AI-driven solutions in physical security, allowing organizations to stay a step ahead in identifying and mitigating potential threats.
Google Bets Big on AI Startup Anthropic with $2 Billion Investment
With nearly $7 billion raised in the last year, Anthropic is cementing its position as a leading AI startup and rival to OpenAI, the maker of viral chatbot ChatGPT.
AI Security Startup Cranium Raises $25M Series A
Cranium provides software designed to help enterprises gain visibility into potential risks with AI systems, ensuring they are trustworthy, secure and compliant with regulations.
Abridge Raises $30 Million to Accelerate Adoption of its AI-Powered Clinical Documentation
The investment will support Abridge’s rapid expansion as health systems nationwide adopt its technology to reduce clinician burnout and enhance patient care.
CentML Raises $27 Million in Seed Funding to Optimize AI Model Deployment
Its technology can optimize models to work faster and reduce computing costs, without sacrificing accuracy.
Eve Emerges from Stealth to Transform Legal Industry with Customizable AI Assistant
Eve comes pre-loaded with dozens of legal skills covering tasks like case analysis, document review, and legal research.
Rebellions in Talks to Raise $100 Million to Fund Next-Gen AI Chip Development
Rebellions aims to use the fresh capital to expedite development of its next-generation AI chip, codenamed "Rebel."
ZenML Secures $3.7M in Additional Funding to Streamline MLOps
The company also announced the rollout of ZenML Cloud, a new managed service designed for enterprise ML teams.