funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

OpenAI Vet Sutskever’s Startup Reportedly Raises $1 Billion
OpenAI Vet Sutskever’s Startup Reportedly Raises $1 Billion
September 04, 2024  |  Investments

Safe Superintelligence, the company co-founded by OpenAI veteran Ilya Sutskever, has reportedly raised $1 billion. The company plans to use the funds to boost its...

READ MORE >
Report: OpenAI’s Building of AI Infrastructure to Begin in US
Report: OpenAI’s Building of AI Infrastructure to Begin in US
September 04, 2024  |  artificial intelligence

OpenAI reportedly plans to bring together global investors to spend tens of billions of dollars on artificial intelligence (AI) infrastructure in the United States. The...

READ MORE >
PayPal-Backed Ume Raises $15 Million to Expand Payment Network
PayPal-Backed Ume Raises $15 Million to Expand Payment Network
September 04, 2024  |  Investments

Brazilian FinTech Ume has raised $15 million in a Series A funding round to expand its payment network and merchant services platform for small and...

READ MORE >
Personal Finance and ‘Niche’ FinTechs Face Headwinds as Some Shut Down
Personal Finance and ‘Niche’ FinTechs Face Headwinds as Some Shut Down
September 03, 2024  |  Fintech Investments

“Build it and they will come.” The sentiment behind that iconic line might be apropos of the startup world, and for FinTechs in particular. Drill...

READ MORE >
Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows
Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows
September 03, 2024  |  Investments

Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a...

READ MORE >
Report: OpenAI Considers Making Corporate Structure More Attractive to Investors
Report: OpenAI Considers Making Corporate Structure More Attractive to Investors
August 30, 2024  |  Business

OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. The artificial intelligence (AI) company currently issues...

READ MORE >
Ex-Google CEO Schmidt Joins Magic’s $320 Million Raise to Develop AI Coding
Ex-Google CEO Schmidt Joins Magic’s $320 Million Raise to Develop AI Coding
August 30, 2024  |  Artificial Intelligence

Magic raised $320 million from a group of investors that includes former Google CEO Eric Schmidt to build an artificial intelligence coworker for AI research...

READ MORE >
Bridge Raises $40 Million for Global Stablecoin-Based Payments Platform
Bridge Raises $40 Million for Global Stablecoin-Based Payments Platform
August 30, 2024  |  Investments

Bridge reportedly raised $40 million to support its efforts to build a stablecoin-based payments platform designed to simplify global money movement. The funding brings the...

READ MORE >
Apple Investment in OpenAI Could Threaten Google Search’s Reach
Apple Investment in OpenAI Could Threaten Google Search’s Reach
August 30, 2024  |  Apple

Apple’s search deal with Google reportedly could be impacted by a potential Apple investment in OpenAI. Under a current deal between the two companies, Google pays Apple...

READ MORE >