Browsing: billion
General Intuition’s $2.3 billion bet that video games can train AI agents for the real world
Upon entering General Intuition’s R&D floor at its New York office, the company’s 31-year-old co-founder and CEO Pim de Witte drew my attention to a monitor…
After betting the company on Anthropic, Menlo Ventures raises $3 billion in winning capital
Menlo Ventures was announced $3 billion in capital on Tuesday, the biggest raise in its 50-year history, driven largely by its AI portfolio, especially Anthropic. Her…
Fox confirmed on Monday that it is acquiring streaming company Roku in a stock and cash deal worth about $22 billion, one of the biggest media…
Jeff Bezos’ Prometheus Raises $12 Billion to Build an ‘Artificial General Engineer’ for the Natural World
Prometheus, the natural artificial intelligence startup co-founded by Jeff Bezos and Vik Bajaj, the former co-founder of Google’s life sciences unit Verily, announced that it has…
Blackstone-backed AirTrunk said on Friday it will invest $30 billion in India by 2030, adding to a wave of commitments from technology and infrastructure groups seeking…
Supabase, the open source database of choice for the vibe coding world, has increased $500 million Series F at a $10 billion pre-money valuation, the company…
Benchmark Capital, the storied Silicon Valley VC firm known for early investments in eBay, Snap, Uber and Twitter, is breaking one of its signature traditions: keeping…
Defense tech darling Mach Industries hits $1.8 billion valuation, 4x jump in one year
Mach Industries, the three-year-old defense technology startup led by 22-year-old founder and CEO Ethan Thornton, has raised a $300 million Series C at a $1.8 billion…
Nvidia chases $200 billion CPU market with AI agent computing from Microsoft, Dell and HP
Nvidia opened Taipei’s massive Computex trade show on Sunday with a spark, literally. The chipmaker unveiled a new PC CPU called the RTX Spark, which it…
For Eclipse, the $2.5 billion Cerebras win is just the beginning of realizing its physical world thesis
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…