Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Inspired Thinking Group (ITG) has acquired PureRed, a US-based omnichannel content provider, to enhance its AI-enabled content solutions and expand its presence in North America.
Guidde has raised $15 million in a Series A funding round led by Qualcomm Ventures to expand its AI-driven video training platform, Guidde Broadcast.
LexisNexis Risk Solutions has completed its acquisition of IDVerse, a provider of AI-powered document authentication and fraud detection solutions, as announced in a press release. This acquisition aims to expand LexisNexis' capabilities in risk and fraud solutions.
Toronto-based fintech startup Glassbox has raised $1.2 million in pre-seed funding to transform financial modeling with AI, announced in a press release. The funds will help expand their team and launch their AI-compatible platform.
Field AI, a robotics startup supported by Nvidia, is in talks to raise several hundred million dollars at a $2 billion valuation, marking a significant increase from last year's $500 million valuation.
HP has acquired most of Humane's assets for $116 million, leading to the discontinuation of Humane's AI Pin. The acquisition includes Humane's AI platform Cosmos and technical talent.
Valid has raised $5.5 million in seed funding to develop an AI-enabled ad agency, according to a press release. The funding round was led by Canaan Partners with participation from Neo, J Ventures, and strategic investors.
Hightouch has raised $80 million in a Series C funding round, valuing the company at $1.2 billion, to expand its AI Decisioning product for marketers.
MirrorTab, a cybersecurity startup based in San Francisco, has raised $8.5 million in seed funding to advance its AI-powered browser protection technology, announced in a press release.
Singulr AI has launched its enterprise AI governance and security platform with $10 million in seed funding led by Nexus Venture Partners and Dell Technologies Capital.
Everstar has raised $4 million in pre-seed funding to advance its AI platform, Gordian, aimed at improving nuclear compliance processes.
OpenAI is evaluating special voting rights for its nonprofit board to prevent hostile takeovers, including a recent bid from Elon Musk, according to Reuters.
Dream, an AI company focused on national cybersecurity, has raised $100 million in a Series B funding round led by Bain Capital Ventures, valuing the company at $1.1 billion.
Spyne, an AI-powered visual merchandising platform for the automotive industry, has raised $16 million in a Series A funding round led by Vertex Ventures. The funding will support Spyne's expansion in the U.S. and development of next-gen AI solutions.
Luminance has raised $75 million in a Series C funding round led by Point72 Private Investments, bringing its total funding to $165 million. The investment will support the expansion of its AI-driven contract management solutions.
Ilya Sutskever, co-founder of OpenAI, is raising over $1 billion for his startup Safe Superintelligence, which is now valued at more than $30 billion.
Abridge has raised $250 million in Series D funding and introduced a new Contextual Reasoning Engine to enhance clinical workflows, announced in a press release.
Saudi Aramco's venture capital arm, Wa'ed Ventures, has invested in UK-based AI cloud startup Ori to establish a regional subsidiary in Riyadh.
Freedom International Group (FIG) has announced a strategic investment in Elitepharm Laboratoires, aiming to enhance dietary supplement production with AI technology.
Robotics startup Figure AI is in discussions to raise $1.5 billion, valuing the company at $39.5 billion, according to Bloomberg.
