Funding

Napkin Emerges from Stealth with $10M in Seed Funding to Pioneer Visual AI for Business Storytelling

Napkin, a groundbreaking company leveraging Visual AI to boost business storytelling, has officially emerged from stealth mode with $10 million in seed funding from Accel and CRV. The funding goals to propel Napkin's mission...

Cohere Gets a $500 Million Boost, More Than Doubles in Value to $5.5 billion

Canadian AI startup Cohere has secured a large $500 million in its latest funding round. This substantial investment solidifies Cohere's position as a serious player within the enterprise AI market.Founded in 2019 by ex-Google...

DeepX reaches KRW 120 billion in Series C funding… “Just over a month until closing”

It has been reported that Deep Bloomberg reported on the twenty sixth (local time) that DeepX secured 60 billion won in funding from Skylake Equity Partners and 30 billion won in funding from existing investor...

VCs Elad Gil and Sarah Guo on the risks and rewards of funding AI: “The most important threat to us within the short run...

Last week, at our first StrictlyVC evening of the 12 months, outstanding AI investors Elad Gil and Sarah Guo joined us in San Francisco to speak about how they give thought to AI investing...

Elon Musk’s xAI Seeks Billion-Dollar Funding Boost

In a daring move that signals a big shakeup in the synthetic intelligence landscape, Elon Musk's xAI, is on a mission to secure a considerable $1 billion in funding. Already on a promising trajectory,...

Benchmark, the storied enterprise firm, sees “traps” in today’s AI funding frenzy: “Don’t be Microsoft”

Yesterday in Helsinki, this editor interviewed 4 of the six general partners at Benchmark, the nearly 30-year-old, Silicon Valley firm that’s known for some notable bets (Uber, Dropbox), paying each general partner the exact...

a16z-backed AI video generator Irreverent Labs raises funding from Samsung Next 

Generative artificial intelligence, used to create content from text to pictures to videos, remains to be on the rise. Big Tech and startups across the globe are racing to compete and launch their very...

Aspecta Publicizes $3.5 Million Seed Round Funding & Flagship Product Aspeca ID Beta Launch Aspecta ID: AI-generated identity for developers and beyond to reveal, document...

Aspecta ID, as the primary user-centric and developer-focused digital identity solution, initiates its Beta Launch to activate 10,000+ users from 130,000 waiting list signups.Driven by the long-term mission of revolutionizing data potentials and empowering...

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