Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Perplexity AI is launching a $50 million venture fund to support pre-seed and seed AI startups in the U.S., according to TechCrunch. The fund will be managed by Kelly Graziadei and Joanna Lee Shevelenko.
Open Meta City has secured a $20 million commitment from GEM Digital to integrate AI features into its virtual real estate platform, enhancing user experiences.
Edera has raised $15 million in Series A funding led by M12 to advance its workload isolation technology, enhancing security for cloud and AI infrastructures.
Lockchain.ai has closed a $5 million Series A funding round to expand its AI-powered blockchain risk management platform, announced in a press release. The funding will support the development of new features to improve speed and efficiency for cryptocurrency portfolio management.
LangWatch.ai has announced a €1 million pre-seed funding round led by Passion Capital, with support from Volta Ventures and Antler, to enhance its AI evaluation platform.
Zendesk has announced its plan to acquire Local Measure, enhancing its AI-powered voice capabilities and strengthening its collaboration with AWS.
Promise has acquired Curious Refuge, an AI film school, to enhance generative AI storytelling, according to a press release.
WilsonAI has raised $1.7 million in a pre-seed funding round led by Nomad Ventures to advance its AI paralegal platform for in-house legal teams.
Patlytics, a New York-based startup, has raised $14 million in a Series A funding round led by Next47, with participation from Google's Gradient Ventures and others. The funds will be used to expand its AI-powered patent analytics platform.
MongoDB has acquired Voyage AI to integrate advanced embedding and reranking models, enabling the development of trustworthy AI applications.
Dow Jones has announced the acquisition of Dragonfly Intelligence and Oxford Analytica from FiscalNote for $40 million, as stated in a press release. The deal is expected to close in the first quarter of 2025.
NAVER D2SF has invested in the seed round of whereable.ai, an AI-powered autonomous driving startup, according to a press release. The startup focuses on scalable autonomous driving technology using self-supervised learning.
Nota AI has announced its integration with the Qualcomm AI Hub, enhancing its NetsPresso platform's capabilities for on-device AI optimization, according to PR Newswire.
OpenAI CFO Sarah Friar has indicated that the company could achieve $11 billion in revenue this year, highlighting significant growth in user numbers and enterprise clients.
Artimus Robotics has received £1.5 million from the UK's Advanced Research + Invention Agency (ARIA) to enhance its soft actuation technology for robotic manipulators.
CTGT has raised $7.2 million in a seed round to enhance its AI model deployment platform, which promises speeds up to 500 times faster, according to Global Newswire.
EarthDaily Analytics has acquired SkyForest to bolster its Earth Observation capabilities, focusing on wildfire risk and forestry analytics.
Iktos has received a €2.5 million grant from the European Innovation Council to advance its AI and robotics platform for drug discovery.
CredCore has announced a $16 million Series A funding round led by Avataar Ventures to advance its AI-driven solutions for enterprise debt investment.
Together AI has raised $305 million in a Series B funding round to enhance its AI Acceleration Cloud, focusing on open source and enterprise AI applications.
