Jeff Dean, who resigned as chief scientist from Google last month, is raising again for his new AI startup, Discovery Loop, this time seeking a valuation of around $50 billion, according to people familiar with the matter. It was only a few weeks ago that Discovery Loop was raising $1 billion dollars at around a
Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI enthusiasm toward a gargantuan valuation over the course of the summer. The company, which offers an AI assistant that has inspired enthusiasm among its early users, told the Wall Street Journal on Wednesday that it
The latest multi-billion dollar AI startup isn’t for writing code or generating images. It’s for answering your landlord. New York-based property and housing management company EliseAI is in talks to raise a new round of funding at a $3.7 billion valuation, including $300 million in financing. Andreessen Horowitz and Bessemer Venture Partners are in talks
Jeff Dean spent 27 years helping build Google. Now, investors could be betting $1 billion that he can build the next big thing in AI outside it. The legendary Google engineer has been in discussions for $1 billion in financing at a valuation of around $10 billion for his new AI startup, Discovery Loop, people
Whatnot is proving that there is still room for consumer startups in the age of AI. Live shopping startup Whatnot is in talks to raise financing at a valuation of about $20 billion, according to people familiar with the matter. This would be a significant jump from the $11.5 billion valuation at which the company
As AI chips become more powerful (and hotter), data centers are turning to liquid instead of air to cool servers. For newer AI systems, fans alone cannot remove enough heat. That change has created a new problem: preventing the coolant from degrading or becoming contaminated. Omen AI announced a $31 million funding round in June
