Releases

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.

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

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.

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.

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.

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.

Crusoe closed a $350 million Series C equity financing led by G2 Venture Partners to scale its climate-aligned computing infrastructure.

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.

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

Index Ventures led Cohere's $40 million Series A, with Section 32, Radical Ventures and AI researchers participating.

Shield AI acquired Martin UAV, bringing the V-BAT vertical-takeoff aircraft into its portfolio.

Anthropic raised $124 million to pursue computationally intensive research into reliable, interpretable, and steerable AI systems.

SambaNova Systems raised $676 million in a Series D led by SoftBank Vision Fund 2, bringing its valuation above $5 billion.

Scale raised $325 million in Series E funding co-led by Dragoneer, Greenoaks, and Tiger Global at a reported $7.3 billion valuation.

Microsoft agrees to acquire Nuance Communications for $19.7 billion including net debt, expanding its healthcare and conversational-AI capabilities.

Baidu's Class A ordinary shares began trading on the Hong Kong Stock Exchange under 9888.

Hugging Face raised $40 million in Series B funding led by Addition to grow its open-source machine-learning ecosystem and hosted platform.

Replit announced a $20 million Series A led by A.Capital.

Databricks raised $1 billion led by Franklin Templeton at a $28 billion post-money valuation.

Scale acquired real-time video-understanding startup Helia AI and brought its team and infrastructure expertise into the Nucleus platform.

Scale raised $155 million in a Series D led by Tiger Global at a post-money valuation above $3.5 billion.

Palantir began trading on the New York Stock Exchange through a direct listing, marking its transition to a public company.

Databricks acquired open-source visualization company Redash to expand SQL analytics and collaboration.

Hugging Face raised $15 million in a Series A led by Lux Capital to expand its open-source natural-language-processing platform.

Databricks raised $400 million in Series F financing at a $6.2 billion valuation.

Facebook agreed to acquire CTRL-labs, bringing neural-interface research into Reality Labs.

Scale raised $100 million in Series C funding led by Founders Fund at a valuation above $1 billion.

Microsoft invests $1 billion in OpenAI and becomes its exclusive cloud partner for new Azure AI supercomputing technologies.

Microsoft invested $1 billion in OpenAI and the companies formed an exclusive cloud-computing partnership.

IBM completed its acquisition of Red Hat to anchor an open hybrid-cloud platform for enterprise software and AI.

Databricks raised $250 million led by Andreessen Horowitz, valuing the company at $2.75 billion.

Scale raised $18 million in Series B funding led by Index Ventures with participation from Accel, Y Combinator, and other investors.