AI funding

Sedric Raises $18.5 Million for AI-Powered Compliance Platform for Financial Institutions
Sedric Raises $18.5 Million for AI-Powered Compliance Platform for Financial Institutions
September 05, 2024  |  Investments

Sedric AI has raised $18.5 million in a Series A funding round to continue developing and promoting its artificial intelligence (AI)-powered compliance platform for financial...

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Report: OpenAI’s Building of AI Infrastructure to Begin in US
Report: OpenAI’s Building of AI Infrastructure to Begin in US
September 04, 2024  |  artificial intelligence

OpenAI reportedly plans to bring together global investors to spend tens of billions of dollars on artificial intelligence (AI) infrastructure in the United States. The...

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Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’
Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’
July 10, 2024  |  Investments

Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. The venture capital (VC) firm announced the fund Wednesday (July 10), saying it would divide...

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The Week in AI: Anthropic’s AI Safety Initiative, Regulation Battles, and Investor Alerts: The AI Landscape Shifts
The Week in AI: Anthropic’s AI Safety Initiative, Regulation Battles, and Investor Alerts: The AI...
July 05, 2024  |  artificial intelligence

Anthropic’s new funding program for advanced artificial intelligence (AI) evaluations aims to tackle safety and adoption challenges in AI. As global AI regulations tighten, from...

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AI Projects Push Venture Funding to a Two-Year High
AI Projects Push Venture Funding to a Two-Year High
July 03, 2024  |  Investments

Thanks to AI, American venture funding reached its highest quarterly total in two years. Venture capital (VC) investments for the second quarter came to $55.6...

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Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure
Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure
June 03, 2024  |  artificial intelligence

Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as...

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Amazon-Backed AI Startup H Raises $220 Million for ‘Full AGI’
Amazon-Backed AI Startup H Raises $220 Million for ‘Full AGI’
May 21, 2024  |  artificial intelligence

French startup “H” has raised $220 million for its goal of building artificial general intelligence. The company — led by a group of Google DeepMind...

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Luminance Raises $40 Million for Legal Industry AI Tools
Luminance Raises $40 Million for Legal Industry AI Tools
April 02, 2024  |  Investments

Legal document-focused artificial intelligence (AI) firm Luminance has raised $40 million. The Series B funding round, announced Tuesday (April 2), will help Luminance strengthen its foothold in the...

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Paddle Restarts Launchpad Program for AI Founders
Paddle Restarts Launchpad Program for AI Founders
March 12, 2024  |  artificial intelligence

British payments infrastructure provider Paddle has restarted its funding program for artificial intelligence (AI) startups. The company announced the 2024 installment of its AI Launchpad in a news release...

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