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CRUNCHBASE DATA
Anthropic, Cursor backer Accel raises $5 billion for big AI betsVenture capital firm Accel has raised $5 billion in new funds, with $4 billion dedicated to its fifth Leaders fund for late-stage AI startu...- Stripe valuation jumps to $159 billion in latest employee share saleFintech firm Stripe has been valued at 159 billion dollars. This marks a significant jump from a year ago. Investors poured 274 billion dol...
- Bumble, Match, Panera Bread and CrunchBase hit by cyberattacks: ReportPanera Bread also confirmed that an incident occurred and has alerted authorities. "The data involved is contact information," it said in a...
- SpaceX tells investors it is targeting late 2026 IPO, the Information reportsSpaceX is planning a major step towards going public. The rocket company aims for an initial public offering in the latter half of next yea...
- AI venture funding continued to surge in third quarter, data showsAbout 46% of global venture funding for the third quarter went towards funding AI companies, with 29% invested in solely Anthropic. The thr...
- SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffersNew venture capital investment concentrated in large established players over the quarter, while investment in earlier stage firms - such a...
- DevRev raises over $100 million in Series A, joins AI unicorn ClubThe AI boom has reinvigorated venture capital funding, with investors making significant bets on AI startups in hopes of substantial return...
- Mexican fintech Stori to broaden offerings with fresh $212 million fundingThe funding round for the unicorn - a term for a startup with a valuation of more than $1 billion - comes in the form of $105 million in ca...
- AI startup funding more than doubles in Q2, Crunchbase data showsStartup funding overall grew 16% sequentially to touch $79 billion in the last quarter, primarily driven by investments in AI, which became...
- Stability AI to lay off staff weeks after founder Mostaque resigned as CEOThe move signals another shift for the AI startup after Mostaque's departure as chief executive and member of the company's board, in the f...
- Six crypto startups raise just $2.1 billion this year, down 80% from 2022After raising more than $20 billion in funding rounds in 2021 and 2022, crypto startups are finding it difficult to get fresh capital these...
- Cloud data warehousing firm Snowflake acquires search startup NeevaBenoit Dageville, cofounder of Snowflake, said that Neeva’s ability to leverage generative AI in search was one of the things that drew his...
- Most fired tech workers landing new jobs in three months: reportIn some cheer for those who have lost jobs in the ongoing funding winter and global macro-economic conditions, most laid-off tech employees...
- Microsoft continues layoffs, sacks nearly 1,000: reportThe company has confirmed the ‘role eliminations’. This is the third round of layoffs at Microsoft in four months. In July, the Big Tech fi...
- Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...
- NFT marketplace OpenSea buys crypto wallet Dharma Labs, changes CTOOpenSea, which was founded in 2017 and was recently valued at $13.3 billion in its latest round of venture funding, said the deal would hel...
- Infosys-investee firm Cloudyn acquired by MicrosoftCloudyn gives enterprise customers tools to identify, measure and analyse consumption, enable accountability and forecast future cloud spen...
- Salesforce looks for startups in B'luruThis is the first time that the San Francisco-headquartered company is scouting for potential buyouts in India. Over the years, it has acqu...
- Venture capitalists fast losing faith in on-demand delivery startupsSeveral prominent Silicon Valley venture capitalists said in interviews that they now believe many delivery startups could fail, leaving in...
- Infosys parks $4 million in US-based Waterline Data ScienceThe company has stated that it will invest in companies that develop innovative technologies on automation, Internet of Things (IoT), and a...
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