Stability AI, the beleaguered generative AI startup behind Stable Diffusion, has raised new cash. But it won’t reveal how much. Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, […]
Startups Weekly: Trouble in EV land and Peloton is circling the drain
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every […]
This Week in AI: OpenAI considers allowing AI porn
Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in […]
CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers
CoreWeave isn’t hanging around. Hot on the heels of a mega funding round valuing the GPU cloud company at a reported $19 billion, the New Jersey startup has […]
Alternative clouds are booming as companies seek cheaper access to GPUs
The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised […]
French startup FlexAI exits stealth with $30M to ease access to AI compute
A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” for developers wanting to build and train AI applications more efficiently. FlexAI, as the company […]
OctoAI wants to makes private AI model deployments easier with OctoStack
OctoAI (formerly known as OctoML), today announced the launch of OctoStack, its new end-to-end solution for deploying generative AI models in a company’s private cloud, be that on-premises […]
Inference.ai matches AI workloads with cloud GPU compute
GPUs’ ability to perform many computations in parallel make them well-suited to running today’s most capable AI. But GPUs are becoming tougher to procure, as companies of all […]
Today’s AI funding rush reminds me of the fintech investing hype of 2021
It turns out that the massive $642 million round that U.S.-based GPU compute provider CoreWeave just closed was a secondary transaction. I can’t summon a better news event […]
Bitcoin is on the move, Spotify cuts staff, and more money floods AI
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the […]