Generative artificial intelligence (AI) platform Typeface has been valued at $1 billion after raising $165 million. The funding includes $100 million from a Series B round with contributors including Salesforce Ventures and Google Ventures, part of an ongoing wave of Big Tech investment in AI,...
July 14, 2023
Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence companies that has revived Silicon Valley investment activity. Databricks recently announced a $1.3 billion mostly stock deal to acquire AI start-up MosaicML, providing software tools designed to lower the cost […]
June 29, 2023
Generative artificial intelligence (AI) platform Typeface has been valued at $1 billion after raising $165 million. The funding includes $100 million from a Series B round with contributors including Salesforce...