Startup Funding

In a strategic move towards a sustainable future for artificial intelligence (AI) infrastructure, OpenAI CEO Sam Altman, alongside venture capital heavyweight Andreessen Horowitz, is backing a $20 million investment in clean energy startup Exowatt, according to a report from The […]

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French AI tech startup Mistral AI is in advanced discussions with potential investors to raise several hundred million dollars at a valuation of $5 billion, according to a report from The Information. The news comes hot on the heels of its […]

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Microsoft has announced a $1.5 billion strategic investment in Abu Dhabi-based AI startup G42, making it Microsoft’s fourth multibillion-dollar investment outside the US. This collaboration aims to spark innovation and deliver cutting-edge AI solutions leveraging Microsoft Azure across the Middle […]

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AI chip startup Rivos has raised $250 million in funding to address the ongoing chip shortage in generative AI markets. This financial boost, part of an oversubscribed Series A-3 funding round, was led by Matrix Capital Management, with a lineup […]

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Government procurement in the United States presents a significant opportunity for businesses, with approximately 10% of the federal government’s massive $6.5 trillion annual budget allocated for procurement. This amounts to a staggering $665 billion spent annually on goods and services […]

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In a move set to turbocharge Japan’s tech landscape, Microsoft has announced a staggering $2.9 billion investment over the next two years to bolster the country’s AI and cloud infrastructure. This marks the tech giant’s largest investment in its 46-year […]

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SiMa.ai, a Silicon Valley-based AI chip startup that makes ‘purpose-built’ AI chips for edge computing, has secured an additional $70 million in funding to launch its second-generation chipset, designed specifically for processing multimodal generative AI. This funding round follows a […]

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OpenAI CEO Sam Altman and former Apple designer Jony Ive are reportedly in funding talks with high-profile investors to raise $1 billion for their secretive AI-powered personal device company, according to a report from The Information. Among the potential backers […]

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Generative AI startup Scale AI is reportedly in discussions with investors to secure a funding round that could nearly double its valuation, according to a report from The The Information. Citing insider sources, The Information said venture capital powerhouse Accel, […]

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