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Buzzy autonomous vehicle software company Applied Intuition has closed a $600 million Series F funding round, pushing its valuation up to $15 billion.
The round was co-led by BlackRock-managed funds and Kleiner Perkins, and included new investments from the Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft, and more. Existing investors General Catalyst, Lux, Elad Gil, and Mary Meeker’s growth fund Bond also participated.
Applied Intuition’s raise comes just one year after it completed a $250 million Series E, which put…
Anysphere launched a new $200-a-month subscription plan for its popular AI coding tool, Cursor, the company announced in a blog post on Monday.
Chatbots are increasingly looking to keep people chatting, using familiar tactics that we’ve already seen lead to negative consequences. Sycophancy can make AI chatbots respond in a way that’s overly agreeable or flattering. And while having a digital hype person might not seem like a dangerous thing, it is actually a tactic used by tech companies to keep users talking with their bots and returning to their platforms.
Elon Musk’s startup xAI is trying to raise a $4.3 billion equity investment, according to a report from Bloomberg. This equity funding would be in addition to the $5 billion that Musk is allegedly trying to raise in debt funding for the combined entity of X and xAI.
One month after the House passed its version of a reconciliation bill, Senate Republicans released their take on the budget bill Monday night.
Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor, General Catalyst.
Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told TechCrunch that he opted to raise additional capital for two key reasons: to update the company’s valuation, and have funds readily available for strategic acquisitions.
Sword Health, which began as a virtual…
Coralogix, an Israeli startup offering a full-stack observability and security platform, has raised $115 million at a pre-money valuation of over $1 billion, almost doubling in three years from its last round in 2022.
OpenAI and Microsoft may be reaching an inflection point in their relationship, according to a report from the Wall Street Journal.
Throughout her years working in technology, Jenny Wang, 28, always found herself stumbling back to one idea — a personal styling agent to help users decide what to wear and buy based on their budget, lifestyle, weather, and calendar.