Tag

#AI startup

12 articles

Self-improving AI startup Recursive Superintelligence pulls in $500 million just four months after founding

A four-month-old AI startup, Recursive Superintelligence, has raised $500 million at a $4 billion valuation, aiming to build a self-improving AI system.

Apr 188

Deepseek reportedly seeks outside funding for the first time at $10 billion valuation

This article explains the concept of company valuation in the AI sector and how Deepseek's decision to seek outside funding reflects the competitive pressures and capital demands of the AI industry.

Apr 1715

Anthropic attracts $800 billion valuation offers as revenue hits $30 billion annualised run rate

This article explains how company valuation works in the AI sector, focusing on how rapid revenue growth can lead to massive valuations like Anthropic's recent $800 billion offer.

Apr 1511

Bezos' Project Prometheus hires xAI co-founder from OpenAI

Jeff Bezos' Project Prometheus has hired Kyle Kosic, a co-founder of Elon Musk's xAI and former OpenAI employee, marking a strategic move to strengthen its AI team.

Apr 726

tech

Argentine wildfire AI startup raises $2.7M after building a detection system that beats NASA’s alerts by 35 minutes

Argentine startup Satellites on Fire has raised $2.7 million to scale its wildfire detection platform, which outperforms NASA's FIRMS system by 35 minutes.

Apr 640

Nomadic raises $8.4 million to wrangle the data pouring off autonomous vehicles

Autonomous vehicle data management startup Nomadic has raised $8.4 million to develop AI tools that transform raw video footage into structured, searchable datasets. The company's deep learning models address a critical bottleneck in autonomous vehicle development by converting massive unstructured data streams into actionable insights for developers and manufacturers.

Mar 3137

Munich startup Interloom raised $16.5M

Munich startup Interloom has raised $16.5 million to develop its 'context graph'—a system that maps real-world decision-making within enterprises to improve AI implementation.

Mar 2351

Reson8 raises €5M pre-seed funding to scale Europe’s first customisable speech AI

Amsterdam-based Reson8 has raised €5M in pre-seed funding to scale its customisable speech AI platform, targeting European languages and industry-specific needs.

Mar 1857

Italian AI startup Alomana raises €4M to bring autonomous workflows to the enterprise

Italian AI startup Alomana has raised €4 million to expand its autonomous workflow platform, Alo, across enterprise sectors like finance and manufacturing.

Mar 1665

Lovable says it added $100M in revenue last month alone, with just 146 employees

Swedish AI startup Lovable has crossed $400 million in annual recurring revenue, reporting $100 million in February alone with just 146 employees.

Mar 1141

Yann LeCun Raises $1 Billion to Build AI That Understands the Physical World

Yann LeCun's new startup AMI has raised $1 billion to develop AI that understands the physical world, challenging the current focus on language-based models.

Mar 964

business

Netflix is buying Ben Affleck’s AI startup

Netflix has acquired Ben Affleck's AI startup InterPositive, a move that highlights the streaming giant's growing investment in artificial intelligence for entertainment production. The deal brings InterPositive's 16 engineers into Netflix's team, bolstering its AI capabilities in film and television workflows.

Mar 559