Tag: funding round
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AI startup ASI valued at $3 billion in latest funding round
Oct 20 : Artificial intelligence startup ASI said on Tuesday it had raised $325 million in a funding round valuing the company at $3 billion, amid growing investor appetite for AI software used in real-world applications.Here are more details:• The Series C round was led by Spark Capital, with partic
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AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding round
Oct 19 : Tenstorrent said on Monday it raised $1.5 billion in a late-stage funding round that valued the AI chip startup at $6.2 billion post-money, more than doubling its valuation from December 2024.Here are some more details:• The Santa Clara, California-based company said it would use the funding
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AI cybersecurity startup Armadin valued at over $2.5 billion after new funding round
Oct 1 : Armadin said on Thursday that it raised $255.5 million in a Series B funding round, which values the AI cybersecurity company at more than $2.5 billion.Investors have poured large sums into early-stage startups building defenses against AI-driven cyberattacks.• Andreessen Horowitz and Accel c
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AI startup EliseAI valued at $4 billion in latest funding round
Sept 29 : EliseAI said on Tuesday it was valued at $4 billion following its latest funding round, which nearly doubled the housing and healthcare-focused AI company’s valuation from a year ago.The $350-million funding round was led by Andreessen Horowitz and Bessemer Venture Partners, with participation from
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AI agent firm Instinct raises $1 billion in latest funding round
Sept 28 : AI agent firm Instinct said on Monday it has raised $1 billion at a $10 billion valuation in a Series C funding round. The round drew investments from Sequoia Capital, Benchmark Capital and Coatue, Instinct said in a statement. San Francisco, California-based Instinct is developing a personal
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AI startup Island valued at $6.4 billion in latest funding round
Sept 24 : AI startup Island said on Thursday it raised $400 million in a funding round that valued it at $6.4 billion.The Series F funding round was led by Evolution Equity Partners, with participation from existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners and
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AI infrastructure provider Crusoe valued at $30.9 billion in latest funding round
Sept 17 : AI infrastructure provider Crusoe said on Thursday it has raised $3.9 billion at a post-money valuation of $30.9 billion, as demand for computing capacity to power AI workloads continues to surge.Launched in 2018 as a cryptocurrency business, Crusoe later pivoted to building AI infrastructure and
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OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports
Sept 15 : OpenAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker’s valuation to about $1.2 trillion before it goes public, the Financial Times reported on Tuesday, citing people familiar with the matter.• The conversations with investors
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AI coding agent startup Factory triples valuation to $5 billion in latest funding round
Sept 15 : Factory, a startup developing AI agents for enterprise engineering teams, said on Tuesday it had raised $200 million in a funding round that more than tripled its valuation to $5 billion.AI-assisted coding has emerged as one of the most widely adopted uses of generative AI, drawing billions of dolla
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AI chip startup Positron’s valuation skyrockets in latest funding round
Sept 10 : Positron AI, a startup developing chips to run AI models, said on Thursday it has raised $875 million in its latest funding round, more than quadrupling its valuation in seven months to $5 billion.The startup had raised $230 million in February at a valuation of $1.06 billion, according to data prov
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