Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
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.
Momenta has led an investment in NODE Robotics to enhance AI-driven fleet automation and expand globally, according to a press release.
AI-coding startup Codeium is reportedly in discussions to raise a new funding round at a $2.85 billion valuation, led by Kleiner Perkins.
Lambda has raised $480 million in a Series D funding round to enhance its AI cloud infrastructure, according to a press release. The investment will support the expansion of Lambda's cloud platform and AI services.
Baseten has raised $75 million in a Series C funding round led by IVP and Spark, bringing its total funding to $135 million. The funds will support the expansion of its AI inference platform.
AheadComputing has raised $21.5 million in seed funding to develop a new microprocessor architecture aimed at enhancing general-purpose computing across AI, cloud, and edge devices.
QuadReal Property Group and T5 Data Centers have expanded their data center platform with a new investment, aiming to grow their capacity to 5 GW.
Brahma, part of the DNEG Group, has acquired Metaphysic to enhance its AI-native product suite for content creation, with a post-transaction valuation of $1.43 billion.
Sawmills has emerged from stealth with $10 million in seed funding to address rising observability costs using AI, announced in a press release.
Gomboc AI has raised $13 million in seed funding to advance its deterministic AI solution for cloud security remediations, announced in a press release.
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.
