LONDON: Mindflair plc, an AIM-quoted company focused on artificial intelligence investments, announced Wednesday that fund interests in Sure Valley Ventures Fund III have participated in a $1.8 million pre-seed investment in Audrey AI, a Dublin-based startup developing an AI platform for financial auditors. The round was led by Sure Valley Ventures and Delta Partners, with…
SAN FRANCISCO – In a blockbuster funding round that underscores the ferocious demand for high-quality AI training data, startup Mercor announced Monday it has raised $350 million at a staggering $10 billion valuation, cementing its status as a major player in the burgeoning AI ecosystem. The Series C round, led by existing investor Felicis, represents a…
DALLAS: Artificial intelligence startup MythWorx said Tuesday it has raised $5 million in seed funding at a $100 million valuation, a figure the company attributes to its AI model’s superior speed, efficiency and reasoning capabilities. The funding round was led by Eagle Venture Fund along with its affiliated Eagle Freedom Funds. Other angel investors also participated….
Artificial intelligence startup Cognition said on Monday it had raised $400 million in a funding round led by Peter Thiel’s funded Founders Fund, valuing the company at $10.2 billion, including the fresh capital. The San Francisco-based firm, known for its AI software engineer Devin, gained prominence in July after acquiring Windsurf, a rival startup whose…
SAN FRANCISCO: Perplexity AI has made an unsolicited $34.5 billion bid for Google’s Chrome browser, CNBC confirmed Tuesday, marking a bold move amid intensifying competition in the generative AI space. The offer exceeds Perplexity’s most recent valuation of $18 billion, set in July, and nearly doubles its earlier $14 billion valuation. The company said several…
Thinking Machines Lab, the artificial intelligence startup launched by former OpenAI executive Mira Murati, has secured $2 billion in funding as it gears up to debut its first product within months. Murati, who briefly served as interim CEO of OpenAI during a tumultuous leadership shakeup in 2023, founded Thinking Machines in February after stepping down…
LONDON: AI optimization startup Inephany Ltd has raised $2.2 million in a pre-seed funding round, aiming to transform how neural networks—including Large Language Models (LLMs)—are trained and fine-tuned. The round was led by Amadeus Capital Partners, with participation from Sure Valley Ventures (SVV) and AI pioneer Professor Steve Young, who joins Inephany as an angel…
Istanbul, Turkey: Insider, a Turkish artificial intelligence-backed marketing platform, has raised about $105 million in a funding round that valued the company at almost $2 billion, defying the global tech slump. The funding round was led by the Qatar Investment Authority and Istanbul-based buyout firm Esas Private Equity, Insider said in a statement Wednesday. The…