AI Startup Perplexity Raises $500M, Boosting Valuation to $9B
Perplexity AI raises $500M in funding, boosting its valuation to $9B. The startup enhances its search tool with new features ...
Why is tech giant SoftBank investing over $100 billion in the U.S.?
CEO Masayoshi Son has joined President-elect Donald Trump in announcing plans to invest in artificial intelligence ...
Experts predict Trump’s SoftBank $100B AI investment will bring few jobs to Black and Brown Americans
These announcements from SoftBank should be taken with a grain of salt given their past history with these announcements and ...
SoftBank Corp. Plans to Buy Osaka Property for More Than $600 Million, Set Up AI Data Center -- Update
SoftBank Corp. plans to buy an industrial property in Osaka for more than $600 million to set up a big data center for artificial-intelligence applications, its latest investment in the burgeoning ...
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Musk’s xAI Raises $6 Billion in Series C Funding
xAI has completed a $6 billion Series C funding round, attracting investments from prominent firms such as Andreessen Horowitz (a16Z), BlackRock, Sequoia Capital, NVIDIA and AMD, among others.
Hundreds of OpenAI’s current and ex-employees are about to get a huge payday by cashing out up to $10 million each in a private stock sale
A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the ...
AI startup perplexity closes funding round at $9 billion value
Perplexity was valued at $1 billion. That figure rose to $3 billion in June after the startup received an investment from ...
AI startup Perplexity’s valuation triples to $9B in latest funding round: Bloomberg (Update)
Nvidia (NVDA)-backed AI startup Perplexity AI has closed a $500M funding round, tripling its valuation to $9B, Bloomberg News ...
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Why is tech giant SoftBank investing over $100 billion in the US?
Son, known for bold ventures, leads SoftBank Group, with investments ranging from startups to giants like Arm and Alibaba. While the market and AI boom have boosted SoftBank's assets, the actual ...