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The enthusiasm for AI technology, largely sparked by the breakout success of OpenAI’s ChatGPT since late 2022, has helped AI startups drive VC funding resurgence, capturing record US investment ...
Cisco on Tuesday launched a $1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes in small AI firms. The company, through ...
(Reuters) -AI startup Anthropic is near a deal to raise an additional $2 billion at a price that values the company at $60 billion, sources said, months after its $4 billion funding from Amazon.
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI. This will bring Amazon’s total investment ...
In 2013, an office was opened in Silicon Valley to invest in US startups. [9] [10] In 2016, the firm rebranded from "Innovation Works" to "Sinovation Ventures". [7] In 2019, the firm closed its Silicon Valley office citing the China–United States trade war making it difficult to get into US deals. [9] [10]
The e-commerce company's increased investment in Anthropic underscores the billions of dollars funneled into AI startups over the past year, as investors look to cash in on a boom in the ...
In December 2021, together with Anna Melnichek, founded the investment company Melnichek Investments to invest in promising machine learning and biotech startups. Apart from investment activities, Yury provides consulting services in venture investment, [1] mobile applications marketing, and also provides consultancy services for IT-companies ...
Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The ...
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