OpenAI's new custom AI chip is designed to accelerate model training and inference, reducing reliance on external suppliers like Nvidia. The move aims to cut costs and boost performance as OpenAI scal…
Cadence, a startup using AI to manage chronic disease, raised $100 million in a Series E round led by Spark Capital, valuing the company at $1.2 billion. The company claims its platform saves Medicare…
AI inference startup Baseten is close to finalizing a $1.5 billion funding round at a $13 billion valuation, just five months after raising $300 million at a $5 billion valuation. The round is split-p…
Baseten, an AI inference infrastructure startup, is closing a $1.5 billion funding round that values the company at up to $13 billion, tripling its valuation in six months. The round is co-led by Alti…
Baseten is finalizing a $1.5bn funding round that values the company at up to $13bn, more than doubling its valuation from January. The San Francisco startup provides software and computing capacity f…
XDOF, a robotics data infrastructure startup founded by Philipp Wu, Fred Shentu, and Nemo Jin, emerged from stealth on June 17 with $70 million in funding from Thrive Capital, Spark Capital, and Andre…
OpenAI plans to relaunch its robotics program, highlighting a race among AI labs to train physical-world machines. Startup XDOF, emerging from stealth with $70 million in funding, aims to solve the da…
Anthropic, valued at $965 billion, has confidentially filed for an IPO, targeting a valuation of $1 trillion or higher. Amazon and Google, two of the AI lab's largest early investors, stand to reap ma…
Anthropic raised $65 billion at a $965 billion valuation, making it the world's most valuable startup and surpassing OpenAI. The funding signals growing investor confidence in safety-focused AI infras…
Spark Capital partner Yasmin Razavi led a $450 million financing round for Anthropic in May 2023, generating an estimated $3 billion paper gain on a roughly $75 million commitment, according to Forbes…