Investors and funding

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“An ill-advised moment to go public”: OpenAI eyes a $1.5tn private round

Artificial Intelligence, Business, Digital Marketing, Finance, Investors and funding, SEO Tips, Technology, United States /

“Right now would be an ill-advised moment to go public,” OpenAI chief executive Sam Altman told Fortune on 12 September. Now OpenAI is considering one more private funding round before its IPO, at a valuation of about $1.5tn. The New York Times reported the plan on 16 September, citing people familiar with the matter. The […]

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Veridion’s database has gone from 80 million companies to 642 million in three years. Experian is feeding it into credit models.

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Veridion has raised a $20m Series A led by Hoxton Ventures, with its existing backers Underline Ventures, OTB Ventures, GapMinder, Day One Capital and LAUNCHub all returning. The company sells a continuously updated graph of the world’s businesses to risk, insurance, procurement and market intelligence buyers. Its own boilerplate puts the graph at 642 million companies […]

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Veridion’s database has gone from 80 million companies to 642 million in three years. Experian is feeding it into credit models. Read More »

Hackuity raises $19M to help security teams sort through AI-found vulnerabilities

Digital Marketing, Investors and funding, Security, SEO Tips, Technology /

Hackuity, a Lyon-based cybersecurity company, has raised $19M in a round led by Forgepoint Capital International. Existing investors Bright Pixel, Bpifrance, and Seventure Partners also took part, bringing the company’s total funding to $38M. Hackuity plans to spend the money on product development, its AI features, and expansion across Europe and Asia. The company sells […]

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ByteDance’s AI drug unit Anew Labs raises $290M at $1.5B valuation, Reuters reports

Digital Marketing, Health tech, Investors and funding, SEO Tips, Technology, TikTok /

ByteDance closed a $290M funding round for Anew Labs, its newly spun-off AI drug discovery unit, at a $1.5B valuation, Reuters reports, citing two sources familiar with the matter. Moreover, the company that owns TikTok will retain 56% of the business after this round, according to the same sources.  According to the same reporting, HSG, […]

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ByteDance’s AI drug unit Anew Labs raises $290M at $1.5B valuation, Reuters reports Read More »

Temporal raises $550m at $12.55bn to keep AI agents from failing

Artificial Intelligence, Business, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

Temporal has raised $550m in a Series E round that values it at $12.55bn. That is more than double its valuation seven months ago. The company announced the round on 14 September. Lightspeed Venture Partners led the round. Wellington Management, Growth Equity at Goldman Sachs Alternatives and Tiger Global were co-leads. T. Rowe Price and […]

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Anthropic expects a second straight quarter of adjusted operating profit

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Anthropic has told shareholders it expects positive adjusted operating income for a second straight quarter, the Financial Times reported on Sunday, citing several people with knowledge of the matter. CNBC reported the same on Monday, citing two people familiar with the matter. The FT also reported that Anthropic’s gross margins are above 80%. That figure […]

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SoftBank shares slide up to 13% as AI stocks fall on slowdown calls

Artificial Intelligence, Asia, Business, Digital Marketing, Finance, Investors and funding, SEO Tips, Technology /

SoftBank Group shares fell as much as 13% in Tokyo on Monday, their steepest drop since 17 July. AI-linked stocks sold off worldwide that day. Over the weekend, the heads of Anthropic and OpenAI had called on the industry to slow the development of more capable models. The same day, Bloomberg reported that SoftBank had […]

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Profound raised $180m at a $1.8bn valuation to sell brands visibility in AI answers

Digital Marketing, Investors and funding, SEO Tips, Technology /

Profound, an enterprise-grade marketing platform built for Answer Engine Optimization (AEO), has raised $180M in a Series D co-led by Sequoia Capital and Kleiner Perkins, valuing the two-year-old New York company at $1.8bn, Bloomberg reports. The price is nearly double what it was worth in February, when a $96M round first made it a unicorn, […]

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Profound raised $180m at a $1.8bn valuation to sell brands visibility in AI answers Read More »

Tandem Health raises $100m to turn its AI scribe into clinic software

Artificial Intelligence, Digital Marketing, Europe, Health tech, Investors and funding, SEO Tips, Startups and technology, Technology /

Stockholm-based Tandem Health has raised $100m in a Series B round led by the Scaleup Europe Fund, which EQT manages. The company announced the round on 14 September. Existing investors Kinnevik, Northzone, Amino Collective, and Visionaries also took part. Tandem said the deal is the fund’s first investment in healthcare. The round follows a $50m […]

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Anthropic is Rum Group’s $13.7bn compute customer, The Information reports

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Anthropic is the unnamed customer behind a $13.7bn, six-year computing contract that Rum Group disclosed last month, The Information reported on Sunday. Rum Group owns the video platform Rumble. Reporters Valida Pau and Phoebe Liu cited one person familiar with the matter. Neither Anthropic nor Rum Group had publicly confirmed the report at the time […]

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Anthropic is Rum Group’s $13.7bn compute customer, The Information reports Read More »

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