AI Funding
54 articles
Resolution Secures $160M Grant to Accelerate AI Alignment Research
AI safety lab Resolution received a $160 million grant from Coefficient Giving to scale rigorous alignment research and compete with frontier labs on safety development timelines.
SambaNova raises $1 billion at $11 billion valuation as AI chip competition heats up
SambaNova Systems secured $1 billion in funding at an $11 billion valuation as investors back alternatives to Nvidia's dominant AI chips.
Ollama raises $88M to scale open AI models for developers
Docker Desktop creators Jeff and Michael raised $88 million from Benchmark and Theory Ventures to expand Ollama, the platform serving 8.9 million developers running open AI models locally.
Enigma raises $71M seed to build intuitive robot control interfaces
Israeli robotics startup Enigma secured $71 million in seed funding led by Index Ventures and Ribbit Capital to develop human-robot interaction systems and foundation models.
Stripe acquires OpenRouter for $7 billion in AI infrastructure play
Stripe has acquired AI model routing platform OpenRouter for $7 billion, representing a 50x revenue multiple for the profitable startup that processes 250 trillion tokens monthly.
Groq raises $350M at $3.5B valuation in pivot to AI cloud
Former AI chipmaker Groq raised $350 million at a $3.5 billion valuation as it shifts from building custom processors to operating Nvidia-powered data centers for AI inference.
Wispr raises $280M Series B at $2B valuation to expand beyond dictation
AI dictation startup Wispr secured $280 million in Series B funding led by Menlo Ventures at a $2 billion valuation, bringing total funding to $361 million as it launches meeting tools and new speech models.
June raises $20 million pre-seed to simplify AI deployment with Marc Benioff backing
June emerged from stealth with $20 million in pre-seed funding led by Marc Benioff to build AI tools that streamline enterprise AI adoption and deployment.
Index Ventures raises $2bn fund targeting AI startups across Europe and US
Index Ventures closed a $2bn fundraise, bringing total assets to $3.5bn as the European VC firm doubles down on AI investments from seed to growth stage.
Baseten Raises $1.5 Billion Series F as AI Infrastructure Drives Weekly Megadeals
AI inference provider Baseten secured $1.5 billion at a $13 billion valuation, leading a week where eight of ten largest US funding rounds went to AI companies.
General Compute secures $400 million inference chip-backed loan from Upper90
General Compute landed a $400 million loan using inference-specific chips as collateral, marking a shift from GPU financing to specialized AI inference hardware.
Unitree Robotics raises $900 million in China's first humanoid robot IPO
Hangzhou-based Unitree Robotics priced its IPO at $22.4 per share, raising $900 million and achieving a $9 billion valuation despite questions over commercial viability.