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MENLO VENTURES
AI companies are barreling toward huge Wall Street debuts. A look at the biggest playersFrom Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the tec...
AI music startup Suno raises funding at $5.4 billion valuationAI music startup Suno has secured over 400 million dollars in funding, valuing the company at 5.4 billion dollars. This investment will hel...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr FlowFounded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps...
Modal Labs valued at $4.65 billion as AI coding takes offAI startups have been whipped by two shifts this year: the surge in AI coding and the increasing scarcity of computing power. Modal Labs is...
From joke to 50X jackpot: American billionaire's simple ‘India-born CEO’ stock-picking idea would have made you a millionaire in 15 yearsA old joke by financier Michael Milken about investing in US companies led by Indian-born CEOs has sparked renewed interest. New analysis s...
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
AI dictation startup Wispr in funding talks at $2 billion valueWispr AI Inc. is in discussions for a significant funding round. The deal could inject approximately $260 million into the company. This in...
Quote of the day by Thomas Edison: 'If we did all the things we are capable of, we would literally...' – inspiring lessons on self-belief and unlocking your true potential by the developer of kinetoscope and kinetographQuote of the day by Thomas Edison: His quote emphasizes that human potential often exceeds self-perception, with fear and self-doubt hinder...
IIT-Madras launches centre in California, to be launchpad for Indian deeptech startupsThe IIT Madras Global Research Foundation is making waves with the opening of its inaugural US center in Menlo Park, California. This strat...
Former OpenAI Stargate leaders plan to join Meta PlatformsThree key players in OpenAI’s massive effort to set up hundreds of billions of dollars’ worth of artificial intelligence data center capaci...
Former DeepMind researchers bet on visual AI with new startupAndrew Dai has launched Elorian, a startup aiming to improve AI’s ability to understand and reason about visual information. Backed by majo...
Swiggy hikes platform fee; Wispr Flow CEO on India biz, AI fundingSwiggy has raised its per-order platform fee, days after rival Zomato’s move. This and more in today's ETtech Top 5.
US enterprise startup Harness closes $240 million round; plans to hire aggressively in IndiaThe funding includes a $200-million primary investment led by Goldman Sachs, and a purchase of shares worth $40 million from US-based ventu...
In pursuit of godlike technology, Mark Zuckerberg amps up the AI raceIn April, Meta’s AI ambitions faltered as its new model underperformed rivals, prompting CEO Mark Zuckerberg to overhaul strategy. He demot...
Anthropic seeks to raise $750 million in funding round led by Menlo VenturesAnthropic, cofounded by siblings and former executives at Microsoft-backed rival OpenAI Dario and Daniela Amodei, has shown efforts to secu...
AI startup Typeface valued at $1 billion after Salesforce-led fundraiseTypeface, a generative AI platform for enterprise content creation, said on Thursday that it was valued at $1 billion after an oversubscrib...
Menlo Micro announces $150 million in Series C fundingThis brings Menlo Micro’s total cumulative funding to over $225 million.
Viral Shah cofounded Julia Computing raises $24 million funding led by Dorilton VenturesJulia Computing will use the funding to further develop and advance its JuliaHub cloud platform
Silicon Valley’s rising VC firm Menlo backs Unitary HelionMenlo is known for its early bets on companies like ride-hailing giant Uber and eyewear brand Warby Parker, besides online pharmacy Pillpac...