Browsing: billion
For Eclipse, the $2.5 billion Cerebras win is just the beginning of realizing its physical world thesis
By techtost.com
When Lior Susan started Eclipse Ventures in 2015, the company’s thesis of digitizing the physical world was not particularly popular in Silicon Valley. “It was the…
RJ Scaringe has raised more than $12 billion in three startups, and investors still want more
By techtost.com
Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur known for his electrical company Rivian…
Indian riding company Rapido said Friday it raised $240 million in new funding at a $3 billion valuation to better compete in the country’s growing but…
Cerebras Systems raised $5.5 billion in its IPO on Thursday, pricing shares at $185 on Wednesday night, well above its range ($115 to $125, later increased…
Short-form video is a format designed for mobile — these vertically oriented videos are designed to fit the shape of a smartphone. But according to YouTube,…
While AI disruption is sweeping many legacy SaaS companies, several HR technology startups seem to be thriving. One of those companies is small business payroll provider…
By the OpenAI COO’s own admission last February, “we haven’t really seen AI seep into enterprise business processes yet.” But for enterprise software giant SAP, whose…
In one blog post laying out a vision for the future of crypto, ranging from a “new financial system” to warnings about “opaque” artificial intelligence, a16z…
Legal AI startup Legora hits $5.6 billion valuation, and its battle with Harvey just got hotter
By techtost.com
Nvidia has laid a new brick in its AI empire. NVentures, its corporate VC fund, has backed Legora, according to information its first legal investment in…
Rivian has revised its loan agreement with the Department of Energy and now expects to borrow $4.5 billion to build its new plant in Georgia, up…