funding

AI Startup Perplexity Secures Funding Round, Valuation Soars to $9 Billion

4 days ago

Perplexity, an up-and-coming artificial intelligence startup, has successfully concluded a significant funding round, propelling its valuation to an impressive $9 billion. The company's innovative approach to AI technologies has attracted the attention of top investors, positioning it as a promising player in the rapidly evolving tech landscape.

Parafin Secures $100 Million Funding, Elevating Valuation to $750 Million

6 days ago

In a significant development in the financial technology sector, Parafin has successfully raised $100 million in its latest funding round. This investment has propelled the company's valuation to an impressive $750 million, marking a remarkable ascent in its market presence.

Databricks Poised to Achieve $62 Billion Valuation in Major Funding Round

6 days ago

In a significant development within the technology industry, Databricks, the data analytics and AI platform, is on track to secure a staggering valuation of $62 billion. This leap comes as part of a major funding initiative that underscores investor confidence in the growing demand for integrated data solutions in an increasingly data-driven world.

Chinese AI Unicorn Zhipu Secures $412 Million in Funding to Boost its Tech Ambitions

6 days ago

In a significant move for the artificial intelligence sector, Chinese AI technology startup Zhipu has successfully raised approximately $412 million in its latest funding round. This capital injection positions Zhipu, recognized as a unicorn within the industry, to not only expand its research and development capabilities but also to bolster its competitive edge in the rapidly evolving AI landscape.

OpenAI CEO and Perplexity Make Major Contribution to Trump's Inaugural Fund

8 days ago

In a surprising turn of events, Sam Altman, the CEO of OpenAI, along with the AI company Perplexity, has pledged a substantial donation of $1 million to the inaugural fund of former President Donald Trump. This move highlights the complex intersection of technology, politics, and philanthropy in today's rapidly evolving landscape.

Liquid AI Secures $250 Million to Innovate AI Inspired by Worm Brain Mechanisms

8 days ago

Liquid AI, a cutting-edge technology firm, is making headlines with its recent announcement regarding a substantial funding round aimed at elevating its ambitious artificial intelligence projects. The company has successfully raised $250 million in a bid to develop AI systems that draw inspiration from the neural architectures of worm brains. This investment highlights not only the innovative nature of Liquid AI's approach but also the growing interest in unconventional strategies for advancing artificial intelligence.

Meta Makes Controversial $1 Million Donation to Trump’s Inaugural Fund

11 days ago

In a surprising move that has stirred discussions across political and business circles, Meta, the parent company of Facebook and Instagram, has announced its decision to contribute $1 million to Donald Trump’s inaugural fund. This contribution comes just ahead of the 2024 presidential election, raising eyebrows given the company's complex and often contentious relationship with the former president.

MicroStrategy's Bitcoin Acquisition Sparks Controversy Over Funding Sources

14 days ago

In a bold move reinforcing its position in the cryptocurrency market, MicroStrategy has announced the purchase of additional Bitcoin, intensifying discussions around its funding methods amid ongoing scrutiny. The decision highlights the company's unyielding strategy to accumulate Bitcoin as a primary treasury reserve asset, even amidst varying market conditions.

Fertility Startup Kindbody Weighs Sale Amid Funding Challenges

15 days ago

In recent developments, Kindbody, a prominent player in the fertility startup landscape, is reportedly exploring options for a sale as the company seeks to secure additional funding amid a landscape of financial pressures. The news comes as interest in fertility services surges, driven by societal shifts and evolving reproductive health needs.

Musk's X.AI Secures $6 Billion in Latest Funding Round: A New Era for Artificial Intelligence

16 days ago

In a significant development in the world of artificial intelligence, Elon Musk's venture, X.AI, has successfully closed a staggering $6 billion in its latest funding round. This monumental investment arrives at a time marked by increasing competition in the AI sector, as various tech giants strive to position themselves at the forefront of this rapidly evolving industry.