Artificial intelligence startup Groq Inc. has raised $640 million in new funding, underscoring investor enthusiasm for innovation in chips for AI systems. Cisco and Samsung invested in the $640 million deal Tweet onRead More
Scale AI Inc., a startup that helps top tech companies improve the data used to build artificial intelligence products, has roughly doubled its valuation to $13.8 billion and is raising $1 billion inRead More
Hugging Face Inc., a startup that makes artificial intelligence software and hosts it for other companies, said it has been valued at $4.5 billion after raising $235 million in funding. Tweet on AIRead More
Gitai wants to cut operational costs via robot arms and rovers! The Japanese startup Gitai, fresh off raising a new round of funding, is expanding in the US as it seeks to createRead More
AI robotics startup Figure raised $70 million to help develop a humanoid robot that it believes could one day take on a wide range of tasks traditionally performed by people. Tweet on FigureRead More
Grammarly, one of a handful of US startups to reach such a lofty valuation, is set to release a new AI product next month. Grammarly, the creator of a popular writing assistant, isRead More
German startup Lilium goes Global! Germany’s air taxi startup Lilium sees “tremendous opportunities” in the Middle East, particularly the GCC, where the development of megacities calls for solutions to minimise traffic and slashRead More
SparkCharge startup, thinks it has the answer to not enough electric vehicle charging stations! By simply bringing the charger directly to customers, wherever they may be. “We’ve basically created a way for electricRead More
Startup based in Seattle, Indicio announced a $3.5 million seed round to support growth of its software used by companies across finance, healthcare, and travel industries to verify data through encrypted digital credentials. Indicio,Read More
A Startup founded by Elon Musk, The Boring Co. just raised new capital to fund the investor’s vision to alleviate traffic. The Boring Co, alued at $5.7 billion, is currently working on an undergroundRead More
