News
Genesis AI Secures $105M to Build Foundational AI for Robots In a significant development for the robotics and artificial intelligence sectors, Genesis AI has emerged from stealth mode, announcing a substantial $105 million seed funding round. This impressive investment was co-led by prominent venture capital firms Eclipse Ventures and Khosla
News
Elon Musk's artificial intelligence venture, xAI, has successfully secured a substantial $10 billion in a combination of debt and equity financing. This significant capital injection, confirmed by Morgan Stanley, is set to accelerate xAI's ambitious plans in the rapidly evolving AI landscape. Funding Breakdown and Strategic
News
Cloudflare, a major cloud infrastructure provider, is stepping into the evolving relationship between website owners and AI companies with its new "Pay per Crawl" marketplace. This initiative aims to give publishers greater control and compensation for their content in an era dominated by AI crawlers. The Challenge for
News
Clio's Landmark $1 Billion Acquisition of vLex Reshapes Legal Tech Landscape In a significant move poised to redefine the legal technology sector, Clio, a leading Canadian law firm management software company, has announced its agreement to acquire vLex, a prominent legal data intelligence platform, in a monumental $1
News
Apple is reportedly exploring a significant shift in its artificial intelligence strategy for Siri, considering integrating advanced AI models from leading firms like OpenAI and Anthropic. This move, highlighted in a recent Bloomberg report, suggests Apple might look beyond its internal development for the next generation of its voice assistant.
Venture
Levelpath Secures $55M to Revolutionize Procurement with AI Levelpath, a cutting-edge procurement software startup, has successfully raised $55 million in Series B funding, spearheaded by Battery Ventures. This significant investment is set to fuel the company's ambitious goal of quadrupling its revenue this year, signaling strong confidence in