Tag: venture capital
Sequoia gathers $10B and bets everything on one close-knit team
The venture firm is closing its London office and ending its Arc and Scouts programs, betting that fewer,…
A British chip startup reaches a $6.5B value before shipping a wafer
Fractile closed roughly $700M with the UK's sovereign AI fund on the cap table while its in-memory inference…
A neocloud bets on inference silicon and walks away with fresh capital
General Compute reached an $800M valuation by renting bitcoin sites and buying chips everyone else ignored.
Treasury widens the net on overseas AI investment
A proposed rule would add technology sectors and countries to the outbound investment screen Congress ordered last year.
Eric Schmidt’s quiet Anthropic bet may be worth $20B
The former Google chief executive reportedly owns about 1% of Anthropic from a 2021 Series A cheque, a…
TypeSafe banks $870M at a $7.5B valuation weeks after Jev launch
TypeSafe, maker of the non-text Jev model, has raised $870M at a $7.5B valuation led by Andreessen Horowitz…
Hardware design startup Flow Engineering hits a $750M valuation
Flow Engineering raised a $50M Series B at a $750M valuation for AI agents that keep CAD drawings…
OpenAI chases $30B from private investors ahead of a listing
Bloomberg reports a pre-IPO bridge round that would value the ChatGPT maker near $1.4T.
Modal nears a $750M round as inference demand climbs
Accel is said to be leading a raise that would more than triple the startup's valuation in four…
Anthropic founders seek super-voting shares ahead of public listing
Dario Amodei and his six co-founders want a share class worth 50.1 percent of votes before Anthropic starts…
Lightspeed backs India’s AI founders with a $250M vehicle
The venture firm has locked commitments for 80 percent of a smaller successor fund focused on early-stage AI.
Data shop Snorkel AI banks $350M as labs stockpile training sets
Snorkel AI raised a $350M Series E at a $3.5B valuation, nearly tripling its worth as demand for…