
China’s Moonshot AI raises $2B at $20B valuation as demand for open source AI skyrockets
Moonshot AI, a Chinese AI startup, raised $2 billion at a $20 billion valuation, capitalizing on growing demand for...

Moonshot AI, a Chinese AI startup, raised $2 billion at a $20 billion valuation, capitalizing on growing demand for...

Snap announced that its $400 million partnership deal with Perplexity AI, which would have integrated the AI search...

SAP is planning to develop a spreadsheet AI startup into a major frontier AI lab, demonstrating the German enterprise...

Genesis AI, a Khosla-backed robotics startup, unveiled its first foundational AI model GENE-26.5 and demonstrated...

Nvidia and Corning have partnered to build optical fiber manufacturing plants to support the growing demand for AI...

Samsung achieved a $1 trillion valuation milestone, becoming only the second Asian company after TSMC to reach this...

As AI tools democratize technical capabilities, investors must reconsider evaluation criteria for early-stage startups...

SAP is acquiring German AI startup Prior Labs for $1.16 billion and plans substantial additional investment in the...

Altara secured $7M in funding to develop AI that diagnoses failures and accelerates R&D by unifying data scattered...

Blitzy, an autonomous software development startup, has raised $200 million at a $1.4 billion valuation, bringing its...

ElevenLabs, a voice AI company, announced new high-profile investors including BlackRock, Jamie Foxx, and Eva Longoria...

CopilotKit, a Seattle-based startup focused on app-native AI agents, raised $27M in Series A funding led by Glilot...

Krutrim, India's first GenAI unicorn, is pivoting away from AI model development toward cloud services following...

SAP is acquiring Dremio, an open data lakehouse provider, and Prior Labs, an AI company, to strengthen its data...

Global venture funding reached $56 billion in April, representing the third-largest monthly funding in a year with 100%...

AI chip maker Cerebras is preparing for an IPO that could value the company at $26.6 billion or more. The company has...

Appfigures research shows that image AI model launches drive 6.5x more app downloads compared to chatbot upgrades....

Sierra raised $950 million in funding, bringing its total capital to over $1 billion. The company plans to use the...

Anthropic and OpenAI have each formed partnerships with asset managers to expand their enterprise AI services...