Perplexity Raises $500M at $9B Valuation
Perplexity has built a significant user base, reporting over 15 million active users as of March 2024.
Venture Capital
A collection of 312 posts
Chinese AI Firm Zhipu AI Secures $412M as Competition Intensifies
The funding follows multiple investment rounds in 2024, with the company's valuation reaching approximately $2.75 billion
Basis Secures $34M to Deploy AI Agents for Accounting Firms
The round was led by Khosla Ventures with participation from prominent investors like Nat Friedman, Daniel Gross, and OpenAI board members Larry Summers and Adam D’Angelo.
AMD Leads $250M Investment in Liquid AI, Betting on Worm-Inspired AI Architecture
MIT spin-off Liquid AI has secured major funding to scale its efficient AI models, inspired by the neural architecture of microscopic worms rather than traditional transformer-based systems.
The Boston-based startup has secured $250 million in Series A funding led by AMD, valuing the company at $2.3 billion just a
AI Voice Startup Vapi Raises $20M to Build Enterprise Infrastructure for Voice Agents
Vapi is empowering developers to create voice AI applications in minutes, not months, setting the stage for the next wave of conversational AI.
Swiss Robot Maker ANYbotics Secures Additional $60M in Series B Extension
The funding expansion signals growing demand for industrial inspection robots as major energy and manufacturing firms adopt autonomous solutions.
NeuBird Raises $22.5M to Scale AI-Powered IT Operations Assistant
The funding comes as NeuBird launches Hawkeye, its AI-powered platform that serves as a digital teammate for IT operations teams.
Aqemia Raises $38 Million to Propel Quantum-Powered AI Drug Discovery
Aqemia's latest funding round shows growing investor confidence in AI-powered drug discovery, as the company prepares for clinical trials and international expansion.
AI Language Tutor Speak Hits Unicorn Status with $78M Series C
OpenAI-backed startup doubles valuation in six months, challenging traditional language learning with AI-powered conversation practice.
Ex-OpenAI Researcher Launches WaveForms AI with $40M Seed Funding from a16z
The company plans to develop its own foundation models, focusing on creating smaller, more efficient systems that could potentially offer cost and speed advantages over existing solutions.
UK AI Infrastructure Firm Nscale Raises $155M to Expand across Europe and North America
Nscale’s new funding signals growing investor appetite for AI compute and accelerates its plans to deliver massive GPU clusters and a public cloud.
Elon Musk’s xAI Secures Another $6 Billion
The $6 billion raise involved 97 investors, with a minimum stake of $77,593.
Cake Emerges from Stealth with $13 Million to Simplify AI for Mid-Sized Businesses
New York-based Cake is launching with $13 million in backing from Google's Gradient Ventures to help mid-sized businesses adopt AI by managing their open-source infrastructure.
Tenstorrent Secures $693M to Challenge NVIDIA's AI Chip Dominance
AI chip startup Tenstorrent has raised $693 million in Series D funding, positioning itself as a potential challenger to NVIDIA in the competitive AI hardware market. The round, which values the company at $2.6 billion, drew investment from notable backers including Samsung Securities, Amazon founder Jeff Bezos, and Hyundai
Nebius Secures $700M Investment Led by NVIDIA and Accel to Scale AI Infrastructure
The company's approach combines building custom data centers with co-location facilities, allowing for flexible expansion in key markets.
Ubitium Promises Universal Chip to Replace Specialized Processors, Raises $3.7M
If successful, Ubitium's technology could eliminate the need for separate CPUs, GPUs, and other specialized chips, significantly reducing costs and complexity in everything from embedded systems to high-performance computing.
New Lantern Launches with $19M in Series A Funding, Unveils AI-Powered Radiology Assistant
The startup combines two essential tools radiologists use daily – medical image viewing and reporting software – into a single cloud-based platform enhanced by AI.
Tessl Raises $125M to Build AI Native Software Development Platform
Developers express their vision in natural language, while AI handles the complex implementation, maintenance, and improvements.
Tourlane Raises $26M Series D Led by Sequoia for AI-Powered Travel Planning
Tourlane combines AI technology with human travel experts to create custom multi-stop journeys. The platform helps you plan complete trips, bundling flights, accommodations, and activities.
Medeloop Secures $15.5M to Transform Medical Research with AI
Medeloop’s platform uses autonomous AI agents to handle tasks traditionally managed by research teams, significantly accelerating processes.
Odyssey Raises $18M to Build AI Worlds Using Backpack-Mounted Cameras
The startup, founded by self-driving car veterans, Oliver Cameron and Jeff Hawke, is taking an unusual approach to generative AI by sending teams with sensor-packed backpacks to capture the physical world in precise detail.
11x Raises $50M Series B led by a16z for AI "Digital Workers"
Instead of buying software, companies can buy outcomes—fully automated, 24/7 revenue generation.
Writer Raises $200M to Scale Enterprise Generative AI Platform
New and existing investors, including Premji Invest, Radical Ventures, and Salesforce Ventures, are backing Writer's ambition to lead in enterprise AI.
Voice AI Startup Kardome, raises $10M, Announces Regional HQ in South Korea
The expansion to Seoul signals Kardome's push to strengthen partnerships with Asian automotive and consumer tech manufacturers.
Amazon Eyes Second Multibillion-Dollar Anthropic Deal, Pushes In-House Chips
The cloud giant wants the AI startup to use more of Amazon's custom-designed chips instead of the industry-standard NVIDIA GPUs.