AI Investment

Report: Anthropic 2024 Revenue Could Approach $1 Billion
Report: Anthropic 2024 Revenue Could Approach $1 Billion
December 27, 2023  |  artificial intelligence

Artificial intelligence startup Anthropic has reportedly forecast revenues of more than $850 million next year. That’s according to a report Tuesday (Dec. 26) by The Information, citing...

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Companies Build In-House AI Models for Specific Tasks
Companies Build In-House AI Models for Specific Tasks
December 26, 2023  |  artificial intelligence

Despite OpenAI’s popularity, businesses are reportedly turning to smaller artificial intelligence (AI) models that fit their needs. A report Tuesday (Dec. 26) by Quartz examines this...

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Menlo Ventures Raises $1.35 Billion for Fledgling AI Firms
Menlo Ventures Raises $1.35 Billion for Fledgling AI Firms
November 16, 2023  |  Investments

Menlo Ventures has raised $1.35 billion to invest in artificial intelligence (AI) ventures. The new capital will be split between early-stage fund Menlo XVI and early...

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Report: Google Weighs Further Investment in Character.AI
Report: Google Weighs Further Investment in Character.AI
November 12, 2023  |  artificial intelligence

Google could reportedly bolster its partnership with Character.AI via a significant investment. The tech giant is in discussions to inject hundreds of millions into the artificial intelligence (AI) startup to...

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Early OpenAI Investor: Most AI Firms Won’t Make Money
Early OpenAI Investor: Most AI Firms Won’t Make Money
October 29, 2023  |  artificial intelligence

OpenAI is an artificial intelligence (AI) success story.  But one of its early investors says it is the exception in an overvalued sector, not the rule,...

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Google Strengthens Anthropic Ties With $2 Billion Investment
Google Strengthens Anthropic Ties With $2 Billion Investment
October 29, 2023  |  artificial intelligence

Google could reportedly invest another $2 billion in artificial intelligence (AI) firm Anthropic. The tech giant, which already invests in Anthropic, has already given the OpenAI competitor...

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SoftBank Seeks AI Deals After Successful Arm Listing
SoftBank Seeks AI Deals After Successful Arm Listing
September 17, 2023  |  artificial intelligence

SoftBank reportedly wants to invest in artificial intelligence (AI) after successfully taking tech company Arm public. Masayoshi Son, founder and CEO of the Japanese conglomerate, is...

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AI Gets $435M Fundraising Boost From Emergence Capital
AI Gets $435M Fundraising Boost From Emergence Capital
May 22, 2018  |  Artificial Intelligence

Emergence Capital has raised a $435 million fund to invest in companies that use artificial intelligence (AI) to help people increase their work productivity. Founded...

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