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The potential deal highlights a growing trend of complex, multi-stage funding rounds that mask true entry prices.
Also, Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.
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Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.
Also, travel agency Fora announced a $60 million Series D round led by Forerunner and Tactile Ventures, valuing the company at $1 billion.
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While everyone in AI is chasing "superintelligence." Alexandre LeBrun, CEO of Yann LeCun’s world model startup, AMI Labs, dismisses the word.
Also, Syntetica, a French startup that has developed a novel approach to recycling nylon, has already obtained big-name partners and investors.
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Rime is handling over 100 million calls each month across multiple companies
Also, Anthropic-backed Ode launches as AI labs bet that embedding forward-deployed engineers inside enterprises is the key to accelerating enterprise AI adoption.
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The company is raising at least $75 million, led by Robot, with significant participation from USV and other prominent investors.
Also, kid-friendly tech company Pinwheel announced the launch of a new landline phone designed to let children stay connected without the distractions of a smartphone.
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Phia, the shopping startup founded by Bill Gates’ daughter, Phoebe, and her friend, Sophia Kianni, is under fire for a practice known as “cookie stuffing,” which helped the product receive commissions and credit for sales it did not actually generate, per a Bloomberg investigation.
Also, Lyzr, a startup that builds AI agents for enterprises, used its own AI agent to raise a $100 million round — proof, evidently, that the product actually works.
Plus, the new startup raised $300 million co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures.
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AI chip maker SambaNova has raised at an $11 billion valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
Plus, Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on Github by helping developers easily run AI on their PCs.
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Build a new kind of rocket engine, and the world will beat a path to your door.
Also, Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Bezos himself and other big-name investors, the New York Times reported.
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Bidbus, which lets dealerships bid on used cars, has raised $15 million in a Series A round that was led by early-stage mobility fund Ibex Investors.
Also, Savi just raised $7 million in seed funding, and is launching its app for iPhone and Android on Tuesday.
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Station F, the Paris-based startup hub founded by French billionaire Xavier Niel in 2017, is gearing up for a new edition of its selective acceleration F/ai program that will cement its role as a stepping stone for AI startups.
Also, Even Realities, an ex-Apple team building camera-free smart glasses, raised $150M from Meituan and Tencent at a $1B valuation.
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