AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
AI chip maker SambaNova has raised at an $11 billion valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
Source: techcrunch.com
AI chip maker SambaNova has raised at an $11 billion valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
Source: techcrunch.com
Lyzr Inc., a startup that helps enterprises build artificial intelligence agents, is reportedly raising a funding round worth about $100 million. Bloomberg today cited sources as saying that the deal has drawn $400 million worth of interest from prospective investors. The group reportedly includes Silicon Valley funds, Middle Eastern venture capital firms and financial institutions….
Palantir Technologies Inc. Chief Executive Alex Karp’s recent broadside against the frontier model vendors put a knife to the throat of the central enterprise artificial intelligence debate. Karp’s argument is that frontier model vendors (he didn’t mention Anthropic and OpenAI by name) intend to suck the knowledge out of enterprises and destroy the “alpha” companies enjoy through…
Artificial intelligence developer-centric cloud provider Runpod Inc. announced Wednesday that it has raised $100 million in early-stage funding, pushing the valuation of the company to $1 billion. The Series A funding, led by Summit Partners, brings the company’s total funding to $122 million across multiple rounds, including a seed round in May 2024 co-led by Intel…
Meta Platforms Inc. has acquired Assured Robot Intelligence Inc., a provider of artificial intelligence software for robots. The social media giant announced the deal today without disclosing the financial terms. It did specify that the acquisition is designed to advance its efforts to develop humanoid robots. Assured Robot Intelligence’s single-page website doesn’t provide information about…