#AI funding
35 stories taggedAI funding · page 2 of 3.
River AI raises $1.1 billion to build AI you train yourself, not AI that replaces you
A two-month-old startup founded by an xAI co-founder just landed one of the largest seed rounds in AI history, with a bet that personal, trainable AI agents will matter more than corporate productivity tools.
OpenAI buys back $7 billion in employee shares at an $852 billion valuation
The company paid out staff before a possible public stock listing, signalling that any IPO may be further away than many expected.
University AI researchers are being squeezed out of their own field
The cutting edge of AI has moved from campuses to private labs. Academics at a recent Schmidt Sciences gathering described a field that's harder to fund, harder to study, and harder to justify than before.
SoftBank's Intel bet pays off big, but OpenAI goes quiet on the books
The Japanese investment giant posted a $2.2 billion profit for the June quarter, well above forecasts. A huge gain on Intel shares did the heavy lifting. OpenAI, which SoftBank has pumped $55 billion into, added nothing this time.
Mirendil signs $100 million-plus Google Cloud deal to build AI that improves itself
The AI startup, founded by former Anthropic researchers, will use Google's chips and cloud infrastructure to develop systems designed to get smarter on their own over time.
The 22-year-old AI call centre company that thinks chatbots are overrated just raised $67 million
Athens-based Omilia has been automating customer phone calls since 2002. Its CEO says rivals are making a costly mistake by using heavy AI for every task, no matter how simple.
Five million people rank AI designs so machines can learn what looks good
A startup called Intelligence has raised $7.9 million to run a platform where ordinary users vote on AI-generated images and websites, and the data it collects is already worth $60 million a year to the companies that build AI models.
Nscale pays $1.65 billion to buy AI software startup Anyscale
A British AI cloud company is snapping up the team behind a popular tool for running big AI workloads, in a bet that owning the whole stack, from servers to software, is where the money is.
The HBCU Professor Building an AI Institute That Treats AI as Everyone's Business
With a $1 million Google grant and a principle that 'AI is for everyone', Siobahn Day Grady launched the first AI research institute at a historically Black university. Now she's racing to keep up with demand.
Pangram raises $9 million to catch AI-written text and images before they fool you
A New York startup says its detector is over 99% accurate at spotting AI-generated writing. Substack already uses it. Here's what that means for everyday readers.
AI startup Recursive Superintelligence strikes $410 million compute deal with Amazon
A company built around AI that improves itself has committed most of its funding to Amazon Web Services, betting that raw computing power is the real bottleneck.
Safe Superintelligence and Nvidia Strike a Multi-Billion Dollar Partnership to Scale AI Safety Research
Ilya Sutskever's secretive AI lab is coming out of two years of quiet work with a major compute deal, access to Nvidia's newest chips, and a valuation of $32 billion.
Nvidia Reveals a 9.3% Stake in Nebius, and the Stock Jumps 7%
The chip giant is backing Europe's fastest-growing AI cloud company with real money. Here's what that means and why investors are paying attention.
A $400 Million Nonprofit Wants to Build the Public Internet of AI
Current AI is handing out grants, shipping offline devices, and fighting to keep AI from becoming a private club. Here is what it is building, who is paying for it, and why a farmer in rural India is the whole point.
Fireworks AI hits $17.5 billion valuation as companies hunt for cheaper alternatives to OpenAI and Anthropic
The cloud startup, backed by Nvidia, now handles more AI traffic per day than Google's own developer tools. Its pitch: specialist models at a fraction of the cost of the big labs.