Wabi Raises $55 Million For AI Assistant to Coordinate Groups
Artificial intelligence (AI) assistant startup Wabi has reportedly raised $55 million in new funding. The new financing values the company at $1.25 billion and will help it work on its…
AI investments
10 articles
Artificial Intelligence
CFTC’s Selig Sees Role for Compute Futures, Rules for AI Trading Agents
Commodity Futures Trading Commission (CFTC) Chairman Michael Selig outlined a potential role for derivatives markets in financing the artificial intelligence (AI) economy, arguing that businesses will need tools to hedge…
Analysts Stand by Meta’s AI Push Despite $95 Billion Equity Plan Scrutiny
Three analysts remain bullish on Meta after the company announced plans to raise $95 billion through equity financing, though they raised questions about the company’s growing investments in artificial intelligence (AI),…
Data Centers
What is a neocloud, and why is the market suddenly freaking out about them?
Investors are worried that funding could be scarce for neoclouds and that AI investment could slow down, hurting their business outlook. Erik Isakson/Getty Images The neocloud panic has rattled a…
Artificial Intelligence
DeepSeek Raises $15 Billion Ahead of Planned Shanghai IPO
Chinese artificial intelligence (AI) startup DeepSeek has raised $15 billion in its second private funding round and is accelerating plans for a Shanghai listing in early 2027, potentially reaching public…
Artificial Intelligence
Anthropic Could File IPO Paperwork as Soon as Friday
Anthropic could make its IPO paperwork public as soon as Friday (Oct. 23). That would move the Claude developer one step closer to what could be the largest stock market…
Modal Triples Valuation to $15 Billion as AI Infrastructure Demand Explodes
Artificial intelligence (AI) infrastructure startup Modal was valued at $15.75 billion in a Series D funding round in which it raised $750 million, CEO Erik Bernhardsson said in a Wednesday (Oct. 14) blog…
Pluto Security Secures $42 Million to Protect Corporate AI Without Blocking Innovation
Pluto Security emerged from stealth Tuesday (Oct. 13), saying in a blog post that the company has secured $42 million in funding for its security solution for artificial intelligence tools. Pluto Security’s product…
Pluto Security Raises $42 Million to Protect Corporate AI Without Blocking Innovation
Pluto Security emerged from stealth Tuesday (Oct. 13), saying in a blog post that the company has secured $42 million in funding for its security solution for artificial intelligence tools. Pluto Security’s product…
Artificial Intelligence
Banks Stop Counting AI Hours and Start Counting Returns
For years, banks have sold investors on artificial intelligence (AI) with usage counts and hours saved. Few have said how much money it makes; at least, not on an earnings…
