AI funding

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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OpenAI CEO Sam Altman Reportedly Pitches $7 Trillion AI Funding Project
OpenAI CEO Sam Altman Reportedly Pitches $7 Trillion AI Funding Project
February 11, 2024  |  artificial intelligence

OpenAI CEO Sam Altman is reportedly pitching a multitrillion dollar artificial intelligence project to investors. Altman is in discussions with backers that include the government...

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Mistral AI Valued at $2 Billion Following Funding Round
Mistral AI Valued at $2 Billion Following Funding Round
December 10, 2023  |  artificial intelligence

French artificial intelligence (AI) startup Mistral AI has reportedly raised $415 million in a funding round. The round, as reported Sunday (Dec. 10) by The...

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Report: DeepMind Vet Raises $14 Million For AI Startups
Report: DeepMind Vet Raises $14 Million For AI Startups
September 26, 2023  |  Investments

A veteran of Google’s artificial intelligence (AI) unit has reportedly launched his own fund to back startups in that space.  Vishal Maini, a one-time researcher...

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