…The overall logic of the two ventures is the same, raising money from alternative asset managers to create new channels for enterprise AI deals. The ventures will presumably get preferred sales access…
…It’s a huge deal for xAI, likely worth billions of dollars. More importantly, it immediately monetized one of the company’s most impressive accomplishments , turning xAI from a consumer to a…
…OpenAI, along with industry watchers, expected the deal might eventually funnel billions of dollars in new subscriptions its way and give the company prime real estate across one of the world’s…
…Last year, Stability AI inked deals with Warner Music Group and Universal Music Group to develop models and music-creation tools. The company said that its latest set of audio models is…
…Founder Pass — Made for startup builders. Access investor meetings, the Deal Flow Café, curated networking, and programming on scaling, fundraising, and growth. Investor Pass — Designed for VCs and angels. Connect directly with…
…One deal, worth $2 billion, is specifically for “mobile gas turbines,” the kind that it’s currently being sued over. The NAACP filed a lawsuit against xAI last month for operating dozens…
…Anthropic didn’t disclose terms of the deal. However, The Information reported last week that the company was in talks to acquire Stainless, which is backed by Sequoia Capital and Andreessen Horowitz…
…However, Harpaz said, none of these introductions resulted in a deal, because "after introduction was made, these funds could not provide our buyers with any proof that they have Anthropic blessing to…
…It’s a big gap, but the strategy behind the HMD deal may matter more than the early numbers. Bundling a regional AI assistant with affordable hardware — particularly feature phones — is one…
…The company offers insurance, working specifically with startups in areas like tech, cyber, and general liability; it counts Deel and Artisan among its customers. Even in the current go-go dealmaking environment…