Silicon Valley VC firm Menlo Ventures, one of the biggest investors in artificial intelligence startup Anthropic, on Wednesday said the two companies are teaming up to set up a $100 million initiative dubbed “the Anthology Fund” to invest in pre-seed and Series A artificial intelligence companies. Menlo recently climbed to the top of Anthropic’s list […]
Menlo Ventures and Anthropic team up on a $100M AI fund Read More »
For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. In the first half of 2024 alone, more than $35.5 billion was invested into AI startups globally, recent Crunchbase data found. Five of the six venture rounds of more than $1 billion raised in the first half of 2024
Here’s the full list of 28 US AI startups that have raised $100M or more in 2024 Read More »
India is very far from the “uncanny valley” of San Francisco, but it has a massive trove of engineering talent, and some of those people are hopping on the train and turning into founders and builders of AI startups. The story of the AI startup ecosystem in India today is reminiscent of the early days
Here are India’s biggest AI startups based on how much money they’ve raised Read More »
Just a few weeks ago, 18-year-old best friends Christopher Fitzgerald and Nicholas Van Landschoot graduated from high school. While most teens their age would be living it up in their last summer before college or the adult jobs that await them, Fitzgerald and Van Landschoot are hunkered down in a VC office in Boulder, Colorado.
How 2 high school teens raised a $500K seed round for their API startup (yes, it’s AI) Read More »
It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million seed round just a few months after the company’s inception. It has managed to raise so much money so quickly because it’s an AI startup
French AI startup H raises $220M seed round Read More »
Y Combinator is renowned in Silicon Valley for a lot of reasons, but there’s one service that has quietly become one of its most powerful: an online founder-matching tool. “I think this is the most valuable digital product that YC has built (i.e. more valuable than Bookface, etc.). It’s astonishing how many founders I meet
We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way and money the other. We also dug into the xAI
Musk’s xAI shows there’s more money on the sidelines for AI startups Read More »
