Flapping Airplanes Raises $1 Billion at a $6 Billion Valuation to Bet Against Scaling Laws
TL;DR: Flapping Airplanes, a year-old AI research lab backed by Sequoia and Index Ventures, has raised roughly $1 billion at…
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Tag: AI Funding
Legal AI Startup Legora Reportedly Nears $8.8 Billion Valuation, Months After Its Last Raise
TL;DR: Legora, a legal AI startup that raised $550 million just months ago, is reportedly in talks to raise again…
Cursor Is Reportedly Raising $2 Billion at a $50 Billion Valuation
AI coding startup Cursor is reportedly in talks to raise $2 billion at a $50 billion valuation, nearly doubling its…
This Chip Startup Thinks Light Beats Copper Inside AI Data Centers, and Just Raised $125 Million
Salience Labs raised a $125 million Series B led by Bullhound Capital to scale photonic networking chips meant to replace…
Zenzap Raises $44 Million to Build the Work Chat App That Wants to Kill Off WhatsApp at the Office
Zenzap closed a $44 million round led by Bessemer and Lightspeed for an AI-native chat app built for frontline and…
DeepSeek Leads a $400 Million Round for Robotics Startup Winverse AI
DeepSeek is backing Winverse AI, a robotics startup founded by a former Tencent scientist, in a seed round that values…
Nvidia Is Reportedly in Talks to Buy the Open-Source AI Lab It Already Backs for $25 Billion
Nvidia already owns a slice of Reflection AI. Now it's reportedly talking about owning a lot more of it, in…
AI Coding Startup Cognition Reportedly Eyes $40 Billion Valuation
Cognition, the startup behind the AI coding agent Devin, is reportedly in talks to raise over a billion dollars at…
The Site Everyone Uses to Rank AI Chatbots Just Nearly Doubled Its Own Valuation
LMArena, the site behind the widely cited Chatbot Arena leaderboard, has seen its valuation climb to roughly $3.1 billion in…
Nous Research Confirms $1.5 Billion Valuation, Now Wants Businesses to Use Its AI Agents
Nous Research, the decentralized AI lab known for its open Hermes models, has confirmed a raise at a $1.5 billion…