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Medly AI raises $8m to put an AI tutor in front of every UK exam student

Digital Marketing, EdTech, Investors and funding, Next Featured, SEO Tips, Technology /

Sometimes the most genuine projects emerge from gaps we identify in our own lives or in the society around us. And maybe this should be our focus as a society: to use all the technology at our disposal to solve problems that were almost impossible to address before. Medly AI, a London exam-prep platform built […]

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Wispr raised $280mn at $2bn to argue the text box is finished

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

Wispr has raised $280mn at a $2bn valuation. Menlo Ventures led the round, having led the last one too. Total funding now stands at $361mn. The company makes Wispr Flow, a dictation app that turns speech into cleaned-up text in whatever application your cursor happens to be in. Reuters reports the previous round valued it […]

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The DOJ is investigating Andreessen Horowitz over competing board seats

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

The US Justice Department is investigating Andreessen Horowitz. At issue is whether partners at the venture capital firm improperly sit on the boards of competing artificial intelligence companies. Bloomberg reported the investigation on Monday, citing people familiar with the matter. Those sources put the investigation at nearly a year old. Monday’s story is the first […]

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Groq closes $350M Series A at $3.5bn evaluation and Nvidia joins the round

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

Groq, the AI-inference chip company that spent the better part of a decade pitching itself as the scrappy alternative to Nvidia, has raised fresh money at a valuation that quietly concedes how much has changed. The company announced on Monday that they took in $350m at a $3.5bn valuation, roughly half the $6.9bn it commanded […]

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Groq closes $350M Series A at $3.5bn evaluation and Nvidia joins the round Read More »

Nvidia puts $1.5bn into SoftBank’s SB Energy to power OpenAI’s Ohio data centre

Artificial Intelligence, Digital Marketing, Investors and funding, nvidia, SEO Tips, Technology /

Nvidia has agreed to invest $1.5 billion in SB Energy, the US power and infrastructure developer backed by SoftBank and OpenAI, in a deal that hands the chipmaker up to 8 gigawatts of AI computing capacity at an Ohio campus being built for OpenAI. It is the latest move in a familiar pattern, one in […]

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Gravis Robotics has raised a $200M Series A led by SoftBank

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Gravis Robotics, an ETH Zurich spinout building software that lets excavators and diggers run themselves, has raised a $200m Series A led by SoftBank, a round it bills as the largest ever in construction robotics. The deal confirms reports that surfaced earlier that Masayoshi Son’s conglomerate was circling the young company. Gravis, founded in 2022 and […]

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Stripe reportedly acquires OpenRouter, the AI model router, for over $7bn

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Stripe has, according to Bloomberg, finalised a deal to buy OpenRouter for more than $7bn. The payments giant declined to comment, and the sum is not officially confirmed, but the reported number tells its own story about where the smart money in AI now thinks the durable profit lies. OpenRouter is what the industry calls […]

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Anthropic’s quarterly revenue passed $11.5bn, up more than 14-fold

Anthropic, Artificial Intelligence, Digital Marketing, Investors and funding, SEO Tips, Technology /

Anthropic has told prospective investors that second-quarter revenue exceeded $11.5bn, more than 14 times the $787mn it made a year earlier, and that it recorded positive adjusted operating income. The figures are preliminary and come as the company prepares a listing. Anthropic has told prospective investors that its second-quarter revenue passed $11.5bn. That is more […]

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AMD raises $4.75bn in its biggest ever bond sale

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AMD has raised $4.75bn in its biggest ever US dollar bond offering, sold in four tranches with maturities from three to ten years. It held $13.1bn in cash against $3.2bn of debt at the end of June, and has committed up to $5bn to Anthropic. AMD has raised $4.75bn in the largest dollar bond sale […]

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Joshua Kushner’s Thrive Capital Discloses $215 Million Amazon Stake

Amazon, Artificial Intelligence, Digital Marketing, Investors and funding, SEO Tips, Technology /

Joshua Kushner’s Thrive Capital has bought roughly $215mn of Amazon shares, disclosed in a regulatory filing on Friday. It lands in the same week the firm told investors it is selling part of its OpenAI stake, in a company Amazon now owns close to 5% of. Joshua Kushner’s Thrive Capital has bought roughly $215mn of […]

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