OpenAI Closes Funding at $157 Billion Valuation
OpenAI has closed its long-awaited funding round at a valuation of $157 billion.
Investing - page 18
SoftBank Reportedly to Invest $500 Million in OpenAI
The media reports that the Vision Fund, which is part of the ownership structure of the Japanese telecommunications company SoftBank, intends to invest $500 million in the latest round of funding for OpenAI.
Google to Invest $1 Billion in Thailand
Google on Monday, September 30, announced its intention to invest $1 billion in Thailand.
CZ Pledges More Tech Investment Upon US Custody Release
Changpeng Zhao (CZ), the former CEO of Binance, is out of prison and vows to increase his investment in technology sectors such as blockchain, artificial intelligence, and biotechnology.
Alphabet to Invest in South Carolina
Business giant Alphabet, which ownership structure includes Google, plans to invest $3.3 billion in South Carolina.
Microsoft to Invest $1.3 Billion in Mexico
Technology giant Microsoft on Tuesday, September 24, announced its intention to invest $1.3 billion to build up its infrastructure for cloud computing and artificial intelligence in Mexico over the next three years.
AI Startup Phacet Reportedly Raises $4 Million
The media reports that the startup Phacet, which operates in the space of the artificial intelligence industry, managed to raise investment funds for $4.4 million.
Samsung Plans to Invest $1.8 Billion More in Vietnam
South Korea’s Samsung Display Co. intends to invest $1.8 billion in a project to build a factory in the northern part of Vietnam.
Microsoft and BlackRock to Launch Fund for AI Infrastructure
BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.
VC Firm Insight Partners Reportedly Prepares to Close $10 Billion-Plus Fund
The media reports that the venture capital company Insight Partners is currently preparing to close a fund worth more than $10 billion.
World Labs Gets Investments to Develop Spatially Intelligent AI
World Labs has announced that it has managed to raise investment funds for $230 million, which will be used to develop large world models.
Form3 Raises $60 Million
Form3 has completed an extension of the $60 million Series C funding round.
Amazon Invests Another $2.1 Billion in Its Delivery Service Partner
Amazon has invested another $2.1 billion in its program called Delivery Service Partner (DSP), which is designed to help entrepreneurs who are representatives of the small business sector build delivery companies.
KeyBank Invests In Zentist Software
Cleveland-based KeyCorp, the parent company of KeyBank, announced a strategic partnership with Zentist, a provider of cloud-based insurance revenue cycle management (RCM) software for dental support organizations (DSOs) across the United States.
Conversational Commerce Startup Connectly Raises $20 Million
Connectly, a startup operating in the area of conversational commerce, announced that it managed to raise $20 million in financing.
AWS to Invest $10 Billion in UK Data Centres
Unit of Amazon, which specializes in cloud computing and is called Amazon Web Services (AWS), on Wednesday, September 11, announced its intention to invest 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years.
