Releases

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.

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.

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.

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

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.

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.

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.