Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
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.
