…The new funding will allow the company to develop its plans for power plants at a time of surging energy demand from AI data centers, electric vehicles, and heavy industry. Since founding…
…The fundraising comes as investor appetite for open-weight AI models made by Chinese labs surges. Moonshot’s annual recurring revenue topped $200 million in April, driven by rapid growth in paid…
…The startup just announced a $7 million seed round led by Slow Ventures, with participation from Gold House Ventures, Weekend Fund, Peak XV’s Surge, and others. Unlike purely volume-driven marketing…
…And the burn does appear to be massive. In late March, OpenAI secured $122 billion in the largest funding round in Silicon Valley history — $3 billion of which came directly from retail…
…This time, according to a source, it’s investing through its growth fund, which has backed names such as Razorpay — India’s leading digital payments platform — and Zepto, the fast-delivery startup…
…The round brings the company’s total funding to $70 million. Patronus uses what it calls “digital world models” to create replicas of websites and internal systems. In these environments, agents are…
…The rapid expansion of AI data centers has created an extraordinary surge in demand for memory and storage. We have never seen a component price increase this much, this quickly,” the company…
…In one of the most recent cuts on this list, GitLab laid off roughly 350 workers, about 14% of its staff , to fund AI infrastructure investment and handle surging traffic from AI…
…Another responded after the surgery was already done. The third still hasn’t called. These aren’t unusual outcomes, as nearly anyone who has tried to see a specialist in recent years…
…Demand for memory solutions has surged since the second half of last year, and the company believes the timing is working in its favor. Conversations with several global memory vendors are in…