North American Morning Briefing: Investors Balance Ai Hopes With Rate Concerns
(marketscreener.com)
OPENING CALL
Stock futures pointed to a mostly higher open for Wall Street on Monday with a policy decision from the Federal Reserve later in the week potentially determining the direction for equities. This week will feature two key central bank meetings, with the Bank of Japan seen likely to end its negative interest-rate policy on...https://www.marketscreener.com/business-leaders/Nelson-Peltz-81/news/North-American-Morning-Briefing-Investors-Balance-AI-Hopes-with-Rate-Concerns--46219635/?utm_medium=RSS&utm_content=20240318.
Together Ai Raises $106m, Adaptive Ai $20 Million, Tavus Dev Platform Raises $18M
AI funding news, and more Cinematic AI. :
Together AI Raises $106M in Salesforce-led round. Nvidia-backed Together AI said on Wednesday it has raised $106 million in a new funding round, doubling its valuation since last fall. The company offers a platform to easily develop with and deploy open-source models and productionize them in enterprise-grade applications. Other investors include Coatue Management and existing investors such as Lux Capital and Emergence Capital. China is racing to catch up wth the west in AI, and will stop at nothing it seems, to gain any ... [+] advantage.
One-time ‘spac King’ Chamath Palihapitiya Just Fired 2 Partners From His Vc Firm Over A ‘situation’ At An Ai Startup | Fortune
Social Capital fired the partners related to an undisclosed matter involving its investment in AI startup Groq, according to a letter reviewed by Bloomberg.
Zephyr Ai Raises $111M In Series A Financing
MCLEAN, VA, Zephyr AI, Inc. (Zephyr AI), announced it has successfully closed a $111 million Series A funding round with participation from Revolution Growth, Eli Lilly & Company, Jeff Skoll, and EPIQ Capital Group, among others.
Together Ai Valued At $1.25B In Salesforce-led Funding Round - Cna
The Salesforce Tower New York building is pictured in Manhattan in New York City, U.S., April 14, 2023. REUTERS/Mike Segar/File Photo Nvidia-backed Together AI has raised $106 million at a valuation of $1.25 billion in a new funding round led by Salesforce Ventures, the generative artificial intelligence (AI) startup said on Wednesday. Together AI, which was founded in 2022, is an open-source platform that can be used by developers to build or customize their AI models. Other investors in the funding round included hedge fund Coatue Management and existing investors including Lux Capital and Emergence Capital.
Andreessen Horowitz Plans To Raise $6.9B For Ai Funds, Gaming, And 'american Dynamism': Report
Andreessen Horowitz plans to raise $6.9 billion, with a substantial portion earmarked for artificial intelligence initiatives, including two AI-focused funds, as part of its broader investment strategy encompassing critical sectors like aviation, defense, and manufacturing. read more.
Theia Insights Raises $6.5M To Bring Ai To Investment Community
A former Amazon Alexa scientist has raised $6.5 million for a startup vowing to bring foundational AI to the global investment community.
Dentistry Ai Developer Overjet Chows Down On $53M Vc Round
Dentistry AI developer Overjet chows down on $53M VC round
chale
Tue, 03/05/2024 - 13:15.:
After receiving its fourth clearance from the FDA last year for artificial intelligence programs that help spot tooth decay and gum disease, Overjet has raised $53.2 million in venture capital money to build out a unified platform for dentists’ offices and payers.
Alibaba Leads $600M Financing Round For Chinese Ai Startup Minimax | Fortune Asia
The fundraise remains in progress but Alibaba and HongShan, formerly Sequoia China, have committed to the financing. :
Alibaba Group Holding Ltd. is leading a financing round of at least $600 million for Chinese AI startup MiniMax, spearheading its second major deal in the space this year as it unleashes capital in pursuit of growth. The two-year-old firm has secured funds from Alibaba and other investors at a valuation of more than $2.5 billion, according to people familiar with the matter.
Elon Musk, Marc Andreessen Debate Merits Of Open-source Ai | Fortune
An online spat between OpenAI investor Vinod Khosla and Marc Andreessen became a debate on the future of AI: Should it be open-source, or not?