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Browsing: Startups
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OpenAI has acquired Orchestra Bio, a four-year-old startup that develops artificial intelligence (AI) software for biotechnology companies, as the company expands its tools for life sciences research.
Nvidia is currently bankrolling a company that aims to make its own hardware less necessary. Through a $220 million funding round, the chip giant has invested in doubleAI, a Tel Aviv-based startup that is betting its future on a paradox: commoditizing the very compute it runs on. By charging customers a percentage of the compute…
Oro Mobility has secured an $80 million strategic equity investment from a consortium that includes Cohen Private Ventures and funds or accounts affiliated with Certares Opportunities and Knighthead Capital Management. The investment establishes the Hertz-backed business as a standalone growth platform.
Strategic investment backs Leena AI’s AI Colleague platform as enterprises move from AI assistants to autonomous AI agents for HR, IT and Finance operations
Bison Ventures, an early-stage venture capital firm focused on frontier technologies, announced the closing of its $160 million Fund 2 to support founders developing artificial intelligence and other breakthrough technologies for the physical world.
Qualcomm is collaborating with domestic AI startups to expand the industrial AI and robotics ecosystem. The company aims to broaden its on-device AI technology, which has primarily focused on smartphones, to include robotics and autonomous mobile robots (AMRs) in industrial settings.
An artificial intelligence startup called ASI Inc., which builds complex models of air traffic and energy grids, said today it has scored $325 million in a Series C funding, bringing its valuation to a cool $3 billion.
ICON, a U.S. construction technology startup known for its 3D-printed homes, has raised $200 million in a Series D funding round. Global investors are once again backing the company’s strategy of using robotics to address structural challenges facing the construction industry: a housing shortage and an aging skilled workforce.
Otter.ai Inc., the developer of a popular artificial intelligence meeting assistant, todayannouncedthat it has raised $320 million in funding.