Browsing: Raises

OpenAI, Anthropic and the largest cloud providers are racing to build ever more powerful AI, and some of the leaders are raising outside money to help pay for it. Companies outside that race, including those adopting AI as fast as they can, are also facing higher prices for memory chips, reserved cloud GPUs and software.

CRM

Rakuten Investment Management Inc. raised its holdings in Salesforce Inc. (NYSE:CRM – Free Report) by 9.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 145,670 shares of the CRM provider’s stock after acquiring an additional 13,045 shares during the period. Rakuten Investment Management Inc.’s holdings in…

AI infrastructure is having its moment, and Fal just proved it. The five-year-old AI inference startup closed a staggering $1.3 billion funding round led by Bessemer Venture Partners, doubling its valuation to $16 billion. The deal marks one of the largest infrastructure raises this year and signals that investors are betting big on the picks-and-shovels…