Releases

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.

Microsoft agrees to acquire GitHub for $7.5 billion in stock, bringing the developer platform that later launched GitHub Copilot into Microsoft.

Hugging Face raised a $4 million seed round backed by investors including A.Capital, Betaworks, SV Angel, and Thirty Five Ventures.

Microsoft acquires conversational-AI startup Semantic Machines to advance more natural, context-aware dialogue systems.

Databricks raised $140 million in a Series D led by Andreessen Horowitz.

Scale raised $4.5 million in Series A funding led by Accel to expand its labeled-data infrastructure.

Hugging Face raised approximately $1.2 million in early angel funding to develop its conversational AI startup.

Databricks raised a $60 million Series C led by New Enterprise Associates.

Amazon agreed to acquire chip-design company Annapurna Labs, strengthening its ability to build custom silicon for AWS.

Facebook acquired natural-language interface startup Wit.ai to strengthen conversational AI capabilities.

Databricks raised $33 million to expand its cloud platform for large-scale data processing.

Google agrees to acquire London-based artificial-intelligence company DeepMind Technologies, bringing its research team into Google.

Andreessen Horowitz led Databricks' first institutional financing to commercialize Apache Spark.

Facebook completed its initial public offering on Nasdaq under the ticker FB.

Baidu's American depositary shares began trading on Nasdaq under BIDU.

Google completes its initial public offering on Nasdaq, establishing the public-company lineage now represented by Alphabet's GOOGL and GOOG shares.

Amazon completed its initial public offering on Nasdaq under the ticker AMZN.

Microsoft completes its initial public offering on Nasdaq, establishing the public-company lineage represented by MSFT.