AI has so far failed to transform health care, but investors are betting on its potential. Enveda Therapeutics Inc., a startup that uses artificial intelligence to find promising drug candidates, has raised $130Read More
US cybersecurity startup Armis said Monday that it’s preparing for an initial public offering in 2026 after closing a $200 million funding round that valued it at $4.2 billion. Tweet on Armis SecurityRead More
Perplexity’s search products seek to rival Google search.Company has discussed raising over $500 million in new funding. Tweet on Prelexity AI funding @perplexity_ai an artificial intelligence company building a search product that aimsRead More
Artificial intelligence chip startup Kneron Inc. is in talks to raise $300 million in its latest funding round, according to two people with knowledge of the matter. This could value the Taiwanese-American companyRead More
Lightmatter Inc., a startup making computing products that use light in place of electricity, has raised a new round of funding that almost quadrupled its valuation to $4.4 billion. Tweet on Lightmatter startupRead More
Lumen Technologies Inc. shares surged as much as 93% in post-market trading Tuesday, extending gains after notching a record one-day jump in the regular session. Tweet on Lumen Inc share fluctuation @Lumen TechnologiesRead More
Black Semiconductor raises funds from state, venture backers Graphene is seen as promising but has yet to see wide commercial use. Tweet on German’s chip startup Germany’s Black Semiconductor has raised $273 millionRead More
AlphaSense has raised $650 million in a funding round co-led by Viking Global Investors and BDT & MSD Partners. Funding was secured as part of the deal to buy data provider Tegus TweetRead More
Musk’s artificial intelligence startup xAI has raised $6 billion to accelerate its challenge to his former allies at OpenAI. Tweet on Musk’s xAI startup Musk’s AI startup @xai has raised $6 billion toRead More
Perplexity’s valuation has doubled in three months in a clear sign of investor enthusiasm for the company’s artificial intelligence chatbot. Tweet on Preplexity Ai startup Perplexity AI, a startup using AI to buildRead More
