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ARTIFICIAL INTELLIGENCE FUNDING
Anthropic market debut could break SpaceX IPO recordThe company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company...- VCs becoming marginal in AI cycle, enterprises should invest in the sector: Peak XV’s Shailendra Singh“Every large enterprise should be investing in AI,” Singh said at The Economic Times World Leaders Forum in New Delhi. Pointing to HCLTech’...
- Alibaba proposes $10 billion share placement to fund global AI driveThe Hangzhou-based firm has been ploughing tens of billions of dollars into AI, with its shareholders eager to see how it will monetise the...
- $400bn to $2tn: India’s alternative asset boom set to grow 5x by 2034, report showsIndia's alternative investment market could exceed two trillion dollars by 2034. High-net-worth individuals and family offices are driving ...
- India's private credit funds increasingly turn to AI for deal sourcing, underwriting: EYIndian private credit funds are adopting artificial intelligence for deal sourcing and analysis. Most funds use AI moderately for data anal...
- Brazil launches AI supercomputer push, splits projects between Chinese, US firmsJust over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership w...
- South Korea plans chip windfall fund to back youth, AI investmentThe proposed "Future Response Fund" would finance programmes aimed at helping young people find jobs, buy homes and start families, while...
- Gujarat pitches AI, GIFT City plans at Chief Minister's US visit, seeks concessional World Bank fundingGujarat's Chief Minister Bhupendra Patel visited the US to promote the state. He presented Gujarat's vision for becoming a global hub for A...
- Oil giants pool capital to ignite energy deeptechThe MC2+Ignite accelerator, in partnership with IIT Madras, will select about 30 startups at the prototype-to-early-pilot stage. The focus ...
- AI chip startup Etched doubles valuation to $21 billion in under a monthThe San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing by leading the round, jo...
- Global Market: Chinese stocks slide as semiconductor and robotics shares tumbleChinese stocks tumbled on Wednesday as semiconductor and robotics shares came under heavy selling pressure, with weak corporate earnings an...
- Pentagon pressure to move AI faster drives Smack's new funding round, CEO saysThe $61 million Series B funding round comes months after the Defense Department declared Anthropic a "supply-chain risk" in March, a ruptu...
- Europe’s youngest self-made billionaire: James Dacombe dropped out of high school at 17 to build his startup and now his wealth has crossed the $1 billion mark at 25At just 25, James Dacombe has catapulted himself into billionaire territory with his AI chip enterprise, Olix, which he founded a mere two ...
- SHANTI Draft Rules and Regulations: Single licence regime and technology from self-reliant countries proposedDraft rules for the SHANTI Act are now public, opening India's nuclear power sector. A single licence will cover building, operating, and d...
- Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...
- AI M&As are through the roof this year with deals nearing $1-billion markThere have been 25 deals worth $980 million this year until August 6, according to data from Venture Intelligence. The deal value so far th...
- AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
- Anthropic in talks to buy startup Decart AI for $6 billionDecart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology co...
- Accel raises $3.5 billion to invest in emerging global AI startupsThe firm, which has backed artificial intelligence companies including Anthropic, Cursor and Perplexity, has raised four separate funds ded...
- High AI stakes push Indian VCs to rejig funding playbooksAverage investments in AI startups have increased to $3-5 million at the seed level and upwards of $10 million in Series A rounds, said inv...
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