Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
SpotDraft secures $54 million in Series B funding led by Vertex Ventures and Trident Partners to expand globally and enhance its AI-driven contract lifecycle management platform.
Lingopal.ai has raised $14 million in Series A funding led by DCM Ventures to enhance its real-time speech-to-speech translation platform, enabling instant translation of live streams into over 120 languages.
Human.org, a startup focused on AI safety, has raised $7.3 million in pre-seed funding to build a blockchain-based platform for verifying human and AI identities.
Appier has acquired AdCreative.ai for $38.7 million, aiming to boost its Generative AI capabilities in advertising and marketing.
Positron has raised $23.5 million to scale production of its energy-efficient AI chips, offering a cost-effective alternative to Nvidia's hardware.
Pinkfish AI launches a new Generative Automation platform, enabling enterprises to create automations using natural language, backed by $7.6 million in funding.
Sardine AI raises $70 million in Series C funding to expand its AI risk platform, aiming to improve fraud prevention and compliance efficiency for financial institutions.
Tines, an AI-powered workflow company, has raised $125 million in Series C funding, increasing its valuation to $1.125 billion. The funding round was led by Goldman Sachs Alternatives, with new investors SoftBank Vision Fund 2 and Activant.
Elon Musk's consortium has made a $97.4 billion offer to acquire control of OpenAI, aiming to revert its focus to open-source AI development.
SoftBank is reportedly finalizing a $40 billion investment in OpenAI, valuing the AI company at $300 billion post-money.
Defense-tech startup Anduril Industries is in discussions to raise $2.5 billion, potentially doubling its valuation to $28 billion.
Brazilian startup Neofin has raised $7 million in a seed round led by Quona and Upload Ventures to advance its AI-driven accounts receivable platform. The funds will be used to develop new features and expand AI capabilities.
