Mercor is in talks for a $20B valuation
A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.
Mercor is in talks for a $20B valuation Read More »
Startups
Auto Added by WPeMatico
Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users
Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on Github by helping developers easily run AI on their PCs.
Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users Read More »
Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund
Nilekani remains Fundamentum’s anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.
Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund Read More »
Lovable reportedly in talks to double its valuation to $13.2B
The $300 million round is expected to be led by Menlo Ventures, Sifted reported.
Lovable reportedly in talks to double its valuation to $13.2B Read More »
With EU backing, QuantumDiamonds aims to speed up chip manufacturing
The race to produce more chips is on, and Europe is in. ASML, the Dutch company that has a near-monopoly on manufacturing the machines used for chipmaking, may soon no longer be an isolated success story. Like its U.S. counterpart, the European Chips Act aims to foster the semiconductor industry — in part thanks to […]
With EU backing, QuantumDiamonds aims to speed up chip manufacturing Read More »
Why this CEO thinks video games make better training data than the internet
When it comes to achieving artificial general intelligence (AGI), large language models just don’t have what it takes. Models like ChatGPT and Claude are great at text, but they’re less skilled at understanding how things actually move through space and time — an essential skill for producing intelligence that generalizes. That gap, it turns out, might be filled by gaming data. That’s the bet behind General Intuition, a […]
Why this CEO thinks video games make better training data than the internet Read More »
Prime Intellect raises $130M Series A to help enterprises build their own AI agents
The round, led by Radical Ventures, values the two-year old startup at $1 billion.
Prime Intellect raises $130M Series A to help enterprises build their own AI agents Read More »
These AI startups are growing revenue at faster and faster rates
There are a lot of fast-growing AI startups, but some are growing even faster, they say.
These AI startups are growing revenue at faster and faster rates Read More »
Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more
Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.
Hot French startup ZML releases free product to speed inference across lots of AI chips
ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has now released ZML/LLMD, software that could make running AI less costly.
Hot French startup ZML releases free product to speed inference across lots of AI chips Read More »