Tag: AI funding

Brad Lightcap wraps an eight-year OpenAI run to found a new venture

One of OpenAI's longest-serving executives is heading out the door after eight years.

OpenAI buys back $7B of employee stock at $852B value

The lab repurchased $7B in staff shares, matching its March valuation of $852B.

Two-month-old River AI banks $1.1B for personal agents

Igor Babuschkin's startup aims to rebuild the AI stack around personal assistants.

Wall Street’s biggest funds sign on to Nvidia compute financing

Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR signed MOUs for compute financing.

KelAI builds autonomous AI quants for funds and traders

KelAI builds autonomous AI systems that run quantitative analysis for funds and traders.

AI infrastructure and model startups in Robinhood Ventures Fund II

Robinhood Ventures Fund II puts compute clouds, runtimes, and niche model builders in one portfolio.

China Inc. Pumps Another $2 Billion Into Moonshot AI. The Open Source Trojan Horse Is Working.

Moonshot's massive $2 billion raise signals that China's open source AI labs are winning the infrastructure war by…

Musk’s Four Fails: How He Begged Gates to Fund OpenAI and Got Ghosted

Musk confessed he begged Bill Gates four times to fund OpenAI but got completely ignored, revealing the personal…

Anthropic’s $900 Billion Delusion: The AI Hype Machine Hits Overdrive

Anthropic is reportedly on the verge of a $50 billion funding round that would more than double its…