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

The Week in AI: ‘Safe’ Superintelligence, Research Hurdles and Digital ID Badges
The Week in AI: ‘Safe’ Superintelligence, Research Hurdles and Digital ID Badges
September 06, 2024  |  artificial intelligence

In a whirlwind week for AI, OpenAI co-founder Ilya Sutskever’s new venture secured $1 billion for ‘safe’ superintelligence, while AI-driven drug discovery hit roadblocks in...

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AI Startup’s $1B Windfall Signals Potential Shake-up in Global Business Landscape
AI Startup’s $1B Windfall Signals Potential Shake-up in Global Business Landscape
September 06, 2024  |  artificial intelligence

A three-month-old artificial intelligence (AI) startup’s eye-popping $1 billion funding round could signal a shift in how the technology affects commerce. Safe Superintelligence (SSI), co-founded...

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Sedric Raises $18.5 Million for AI-Powered Compliance Platform for Financial Institutions
Sedric Raises $18.5 Million for AI-Powered Compliance Platform for Financial Institutions
September 05, 2024  |  Investments

Sedric AI has raised $18.5 million in a Series A funding round to continue developing and promoting its artificial intelligence (AI)-powered compliance platform for financial...

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Drip Secures $113 Million to Grow Digital Trade Finance Platform
Drip Secures $113 Million to Grow Digital Trade Finance Platform
September 05, 2024  |  Investments

Drip Capital has secured $113 million in new funding to develop new products and to accelerate the growth of its digital platform for trade finance....

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This Week in B2B: Partnerships, Payments and Process Improvements
This Week in B2B: Partnerships, Payments and Process Improvements
September 05, 2024  |  B2B Payments

The future of B2B payments lies in automation, not administration. Given the B2B sector’s legacy of complex workflows, intricate data requirements and entrenched manual processes,...

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AI Startups SSI, You.com Secure Funding; HP Reports Strong AI Sales
AI Startups SSI, You.com Secure Funding; HP Reports Strong AI Sales
September 05, 2024  |  Artificial Intelligence

The artificial intelligence sector remains a focal point for investors and tech companies, as evidenced by three announcements this week. A startup focused on AI...

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Nvidia Contributes to $160 Million Applied Digital Funding Round
Nvidia Contributes to $160 Million Applied Digital Funding Round
September 05, 2024  |  Investments

Data center operator Applied Digital is the latest company benefiting from investors’ artificial intelligence appetites. The firm raised $160 million in a financing round that...

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Flex Raises $3.2 Million for HSA and FSA Payment Acceptance
Flex Raises $3.2 Million for HSA and FSA Payment Acceptance
September 04, 2024  |  Investments

Health and wellness-focused FinTech Flex raised $3.2 million in seed funding. The new financing will help the company with its mission of offering direct-to-consumer health...

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Nvidia-Backed Sakana AI to Build ‘World-Class AI Lab’ in Japan
Nvidia-Backed Sakana AI to Build ‘World-Class AI Lab’ in Japan
September 04, 2024  |  Artificial Intelligence

Tokyo-based artificial intelligence firm Sakana AI raised over $100 million in a Series A funding round and formed a collaboration with Nvidia. The funding round...

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