New numbers out of Crunchbase this week see robotics investments once again trending in a positive direction. The previous two years presented a steady drop in overall numbers, […]
Andrew Ng plans to raise $120M for next AI Fund
AI big shot Andrew Ng’s AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upwards of […]
Axelera lands new funds as the AI chip market heats up
The generative AI boom is driving the demand for AI chips, which are purpose-built to train and run generative AI models. And major players, from VCs to startups, […]
Unbabel among first AI startups to win millions of GPU training hours on EU supercomputers
The European Union has announced the winners of a “Large AI Grand Challenge” it kicked off earlier this year in a bid to accelerate the pace of homegrown […]
Fearless Fund’s founder has resigned and it’s a sad reflection on the VC world for Black women
On Monday, Fearless Fund’s cofounder Ayana Parsons announced that she was stepping down from her leadership role from the firm. She will no longer be its general partner […]
OpenAI buys a remote collaboration platform
OpenAI is on an M&A tear. Days after acquiring database tech firm Rockset, OpenAI has purchased Multi (previously Remotion), a startup developing a enterprise-focused, video-first collaboration platform. A […]
OpenAI buys Rockset to bolster its enterprise AI
OpenAI has acquired a company, Rocket, building tools to drive real-time search and data analytics. In a post on its official blog, OpenAI said that it would integrate […]
After 20 months of trying to raise funds, insurance startup Loop cuts staff
Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising. Henry took to Instagram to post […]
GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston
General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. […]
Crunchbase expands its diversity tracking feature to Europe
Crunchbase is expanding the scope of its tagging options in Europe to start tracking how much venture capital funding goes to minority founders on the continent. Diversity Spotlight […]