Releases

Harvey raised $80 million at a $715 million valuation.

Valuation implied by the funding round "€385 million Series A". Converted from EUR 2,000,000,000 at 1.0757 USD per EUR (ECB reference rate on the release date).

Mistral AI completed a €385 million Series A at a reported valuation of about €2 billion.

Valuation implied by the funding round "CoreWeave completes $642 million secondary share sale".

CoreWeave completed a $642 million secondary transaction that gave existing shareholders liquidity and broadened its institutional investor base.

Google agreed to invest up to $2 billion in Anthropic, including $500 million upfront and an additional $1.5 billion over time.

Databricks acquired enterprise data replication company Arcion to make operational data available for analytics and AI.

Anysphere raised an $8 million seed round led by the OpenAI Startup Fund to build Cursor.

Modal announced a $16 million Series A, bringing total capital raised to $23 million.

Amazon made an initial $1.25 billion investment in Anthropic under its broader commitment of up to $4 billion.

Valuation implied by the funding round "Series I raises over $500 million at $43 billion valuation".

Databricks raised more than $500 million in Series I financing at a $43 billion valuation.

Valuation implied by the funding round "Series D funding at $4.5 billion valuation".

Hugging Face raised $235 million in a Series D led by Salesforce Ventures at a $4.5 billion post-money valuation, with participation from major cloud and semiconductor companies.

SK Telecom invested an additional $100 million in Anthropic and formed a partnership to build a multilingual model for telecommunications.

CoreWeave closed a $2.3 billion debt financing led by Magnetar and Blackstone to purchase hardware for contracted AI workloads.

Databricks completed its acquisition of MosaicML, adding foundation-model training, inference, research and open models to its AI platform.

Valuation implied by the funding round "Runway raises $141 million at $1.5 billion valuation".

Runway raised a $141 million financing extension at a reported $1.5 billion valuation.

ElevenLabs raised a $19 million Series A led by Nat Friedman, Daniel Gross, and Andreessen Horowitz.

Valuation implied by the funding round "€105 million seed round". Converted from EUR 240,000,000 at 1.0793 USD per EUR (ECB reference rate on the release date).

Mistral AI raised a €105 million seed round, one of Europe's largest seed financings, at a reported valuation of roughly €240 million.

Valuation implied by the funding round "Cohere raises $270M Series C at $2.2B valuation".

Cohere raised $270 million from Inovia, Oracle, NVIDIA, Salesforce and other investors to scale enterprise generative AI.

Anthropic raised $450 million led by Spark Capital to scale reliable AI products and safety research.

Databricks agreed to acquire data-governance company Okera to strengthen governance and AI security capabilities.

Harvey raised a $21 million Series A led by Sequoia with participation from the OpenAI Startup Fund and others.

Valuation implied by the funding round "CoreWeave closes $420 million Series B".

CoreWeave closed a primary Series B funding round led by Magnetar Capital to expand its GPU cloud for generative AI.

Perplexity raised $25.6 million in a Series A led by New Enterprise Associates.

CoreWeave acquired Conductor Technologies and its cloud task-management and burst-rendering platform, extending the cloud into end-to-end VFX and animation workflows.

NVIDIA market capitalisation at end of calendar year 2022, down 51% from the prior year amid a broader semiconductor and tech sector downturn.

Magnetar backed CoreWeave with a $100 million strategic investment to expand GPU capacity for AI, machine learning, and visual-computing customers.

Harvey raised a $5 million seed round led by the OpenAI Startup Fund.

Perplexity raised approximately $3.1 million in seed financing from Elad Gil and a group of prominent AI and technology investors.

Oracle completed its acquisition of Cerner to create a major health technology and clinical-data business.

Valuation implied by the funding round "Series C funding at $2 billion valuation".

Hugging Face raised $100 million in Series C funding led by Lux Capital at a reported $2 billion post-money valuation.

Anthropic raised $580 million to build steerable, interpretable, and robust AI systems and expand its research infrastructure.

Modal raised $7 million in seed financing to build its serverless cloud platform.

Microsoft completes its acquisition of Nuance, adding clinical speech recognition, ambient intelligence and conversational AI to its portfolio.

Valuation implied by the funding round "Cohere raises $125M Series B".

Cohere raised $125 million in a Series B led by Tiger Global to expand its enterprise language-model platform.

IBM agreed to sell healthcare data and analytics assets from Watson Health to Francisco Partners.

ElevenLabs' first financing valued the company at $9 million.

Hugging Face acquired Gradio, bringing its open-source interface framework and team into the company while keeping the project open source.

CoreWeave raised $50 million from Magnetar Capital to scale its specialized NVIDIA GPU cloud infrastructure.

Scale acquired Berlin-based SiaSearch and folded its petabyte-scale sensor-data search technology and team into Scale Nucleus.

Valuation implied by the funding round "Series H closes at $38 billion valuation".

Databricks closed a $1.6 billion Series H with participation from AWS, CapitalG and Microsoft at a $38 billion post-money valuation.