The maker of non-text AI model Jev valued at $7.5B just weeks after launch
TypeSafe AI, the developer of Jev, a new type of AI model that gained rapid popularity after launching…
Vals, backed by Andreessen Horowitz, is looking to become the gold standard for AI benchmarking
Benchmarking has become the industry norm for how AI companies validate their models’ capabilities and, when the metrics…
UAE Overhauls Massive AI Data Center Plans, Shifting to Underground and Distributed Deployment — BigGo Finance
The Middle East conflict is fundamentally reshaping the United Arab Emirates’ (UAE) infrastructure investment strategy. The country is…
“We’re not doing 30 bets a year”: Vijay Pande on betting small after running $4 billion at a16z
It used to be that Vijay Pande was better known in academic circles than investor circles. That changed…
Forbes Daily: SpaceX Rallies As Institutional Investors Reveal Stakes
Elizabeth Stein went from selling muffin mix out of her apartment to closing one of the largest recent…
Trump-Friendly Billionaire Andreessen’s Firm Reportedly Under DOJ Investigation
Topline The Justice Department is investigating venture capital firm Andreessen Horowitz for potential antitrust violations, Bloomberg reported Monday,…
How Instagram Became A Venture Capital Deal Engine
Closeup of woman’s holding smartphones, connecting with social media, leaving comments, sending messages and sharing photos. Technology connecting…
Mercury hits $5.2 billion valuation as fintech firm banks on AI startups
May 20 (Reuters) – Mercury said on Wednesday it had raised $200 million at a $5.2 billion valuation…
Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges
AI coding startup Cursor is nearing new funding in which the four-year-old company would raise at least $2…
OpenAI Set to Raise $10 Billion From MGX, Coatue, Thrive
OpenAI is nearing a deal to raise about $10 billion from venture investors, according to people familiar with…
VCs Break Taboo by Backing Both Anthropic, OpenAI in AI Battle
Photographer: Justin Chin/Bloomberg (Bloomberg) — OpenAI and Anthropic are working to close two of the largest funding rounds in…
a16z VC wants founders to stop stressing over insane ARR numbers
The AI investing boom (or perhaps bubble) is something Silicon Valley has seen many times before: a gold…