Microsoft and BlackRock to Launch Fund for AI Infrastructure
BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.
Investing - page 11
VC Firm Insight Partners Reportedly Prepares to Close $10 Billion-Plus Fund
The media reports that the venture capital company Insight Partners is currently preparing to close a fund worth more than $10 billion.
World Labs Gets Investments to Develop Spatially Intelligent AI
World Labs has announced that it has managed to raise investment funds for $230 million, which will be used to develop large world models.
Form3 Raises $60 Million
Form3 has completed an extension of the $60 million Series C funding round.
Amazon Invests Another $2.1 Billion in Its Delivery Service Partner
Amazon has invested another $2.1 billion in its program called Delivery Service Partner (DSP), which is designed to help entrepreneurs who are representatives of the small business sector build delivery companies.
KeyBank Invests In Zentist Software
Cleveland-based KeyCorp, the parent company of KeyBank, announced a strategic partnership with Zentist, a provider of cloud-based insurance revenue cycle management (RCM) software for dental support organizations (DSOs) across the United States.
Conversational Commerce Startup Connectly Raises $20 Million
Connectly, a startup operating in the area of conversational commerce, announced that it managed to raise $20 million in financing.
AWS to Invest $10 Billion in UK Data Centres
Unit of Amazon, which specializes in cloud computing and is called Amazon Web Services (AWS), on Wednesday, September 11, announced its intention to invest 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years.
Sedric AI Raises $18.5 Million
Sedric AI has announced that it has managed to raise $18.5 million in investments as part of a Series A funding round.
Ilya Sutskever Raises $1 Billion for His New AI Company
OpenAI co-founder Ilya Sutskever, who left the startup in May that developed the world’s most popular artificial intelligence-powered chatbot called ChatGPT, has raised $1 billion in investment funding for his new company, Safe Superintelligence, or SSI.
Magic Raises $320 Million
Magic has announced that it has raised $320 million in funding to develop an artificial intelligence coworker for AI research and code generation.
OpenAI Reportedly Seeks to Raise Several Billion Dollars
The media reports that OpenAI is planning to raise investments worth several billion dollars as part of a new round of financing.
Mexican Fintech Stori Enters Colombian Market
Mexican fintech company Stori is set to launch in Colombia with a $100 million investment.
The Role of Financial Technology in Scaling Your Business
That’s exciting, yet complicated at the same time. Scaling up brings new challenges: handling increased transactions, managing cash flow, and staying compliant. That’s where financial technology-that is, fintech-steps in. It is not just a buzzword; it is a toolkit for your business to grow with less friction and at a faster pace. Let’s go in-depth […]
HP to Get $50 Million for Semiconductor Tech Project
The US Commerce Department on Tuesday, August 27, announced its intention to allocate $50 million to HP technology company to finance efforts related to the expansion and modernization of the production site of this brand in Oregon.
G Squared Reportedly Raises $1.1 Billion
Media reported that venture capital group G Squared raised $1.1 billion in investment funds.
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