OpenAI Staff to Sell $6 Billion in Shares to SoftBank and Others
OpenAI employees are set to sell $6 billion in shares to investors including SoftBank, valuing the company at $500 billion, according to Bloomberg.
August 16, 2025
Funding, Mergers & Acquisitions
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Cognition Secures $500 Million to Boost AI Coding Platform
Cognition AI has reportedly raised about $500 million, led by Founders Fund, to enhance its AI coding assistant platform, Devin.
August 15, 2025
Perplexity AI Seeks $20 Billion Valuation Amid Chrome Acquisition Bid
Perplexity AI is preparing for a new funding round at a $20 billion valuation to support its $34.5 billion bid for Google's Chrome browser.
August 15, 2025
HCAP Partners Exits Investment in Saphyre
HCAP Partners has successfully exited its equity investment in Saphyre, an AI-driven fintech platform, following a $70 million growth equity investment led by FTV Capital.
August 15, 2025
Workday Acquires Flowise to Enhance AI Agent Capabilities
Workday has acquired Flowise, a low-code platform for building AI agents, to enhance its AI capabilities in HR and finance, announced in a press release.
August 15, 2025
Citizen Health Secures $30 Million for AI Patient Advocate
Citizen Health has raised $30 million in Series A funding to develop an AI Advocate aimed at transforming patient-centered healthcare, announced in a press release.
August 15, 2025
Topline Pro Secures $27M to Boost AI Solutions for Home Services
Topline Pro has announced a $27 million Series B funding round to enhance its AI-driven platform for local home service businesses, as stated in a press release.
August 15, 2025
RIVANNA Secures Grant to Advance AI-Enabled Ultrasound Platform
RIVANNA has received an $800,000 grant from the Virginia Catalyst Program to enhance its AI-enabled ultrasound platform for neuraxial anesthesia.
August 15, 2025
Cohere Raises $500 Million, Valued at $6.8 Billion
Cohere has raised $500 million in a funding round led by Radical Ventures and Inovia Capital, increasing its valuation to $6.8 billion. The company also announced new executive appointments.
August 14, 2025
Seroda Ventures Merges Evonence with Cloudnyx.ai
Seroda Ventures has acquired a majority stake in Evonence and merged it with Cloudnyx.ai to form a new entity focused on Google Cloud services.
August 14, 2025
Drivepoint Secures $9M to Boost AI Finance Platform for Retail
Drivepoint has raised over $9 million in new funding to enhance its AI-powered finance platform for consumer brands, announced in a press release. The Series A round was led by Vocap Partners, with participation from Good Friends VC and existing investors.
August 13, 2025
HolmesAI Secures Seed+ Funding for Personalized AI Agents
HolmesAI has completed its Seed+ funding round, raising $3 million with support from Bitrise Capital, Waterdrip Capital, and CGV Fund, as announced in a press release.
August 13, 2025
Protege Secures $25 Million Series A to Expand AI Data Platform
Protege has announced a $25 million Series A funding round led by Footwork to enhance its AI training data platform. The funding will support product development and expansion into new verticals.
August 13, 2025
LawPro.ai Secures Seed Funding to Boost AI Solutions for Injury Claims
LawPro.ai has closed its Series Seed funding round led by Scopus Ventures to enhance AI solutions for the injury claims industry.
August 13, 2025
Squint Secures $40M Series B to Enhance AI in Manufacturing
Squint has raised $40 million in Series B funding to advance its AI-driven manufacturing platform, according to a press release. The funding will support expansion into new sectors and enhance AI capabilities.
August 13, 2025
OpenAI's Sam Altman Plans Brain-Computer Interface Startup
Sam Altman, co-founder of OpenAI, is reportedly planning to launch a brain-computer interface startup called Merge Labs, which aims to compete with Elon Musk's Neuralink.
August 13, 2025
Titan Secures $74M to Revolutionize IT Services with AI
Titan has raised $74 million in funding led by General Catalyst to enhance its augmented AI platform and acquired RFA to establish an AI-enabled MSP.
August 12, 2025
Profound Secures $35M Series B to Enhance AI Marketing Platform
Profound has raised $35 million in a Series B funding round led by Sequoia Capital, aiming to expand its AI marketing platform capabilities.
August 12, 2025
GoodShip Secures $25 Million to Enhance AI Freight Management
GoodShip has raised $25 million in Series B funding to expand its AI-driven freight management platform, aiming to transform the shipping industry.
August 12, 2025
Nimble Gravity Acquires Fog Solutions to Boost AI and Data Expertise
Nimble Gravity has acquired Fog Solutions, enhancing its capabilities in AI and data solutions, according to a press release.
August 12, 2025
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