AI chip startup Groq lands $640M to challenge Nvidia
Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it’s raised $640 million in a new funding round led by Blackrock.…
Zuckerberg and Jensen show off their friendship, while an AI necklace covets yours
A fireside chat between Jensen Huang and Mark Zuckerberg at SIGGRAPH 2024 took some unexpected turns. What started as a conversation about the capabilities of Nvidia GPUs and Zuckerberg’s vision…
When a big company comes after a hot startup, it’s not a slam dunk decision to sell
Rumors first surfaced last month that Google was going after cloud security startup Wiz and a $23 billion offer was on the table, the most lucrative offer ever made for…
Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka
Sri Lanka isn’t renowned for its startup ecosystem, but one company has been something of an outlier in the South Asian island nation these past two decades. An open source…
Self-driving truck startup Aurora Innovation raises $483M in share sale ahead of commercial launch
Self-driving technology company Aurora Innovation was hoping to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024. The company,…
AI music startup Suno claims training model on copyrighted music is ‘fair use’
Following the recent lawsuit filed by the Recording Industry Association of America (RIAA) against music generation startups Udio and Suno, Suno admitted in a court filing on Thursday that it…
Self-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024. Aurora, which…
Why Anthony Levandowski returned to his off-road autonomous vehicle roots with AV startup Pronto
Five years ago, as robotaxis and self-driving truck startups were still raking in millions in venture capital, Anthony Levandowski turned to off-road autonomy. Now, that decision — which brought the…
Lineaje raises $20M to help organizations combat software supply chain threats
The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with…
Airtable acquihires onboarding startup Dopt for AI talent
Airtable today announced that it has acquired Dopt, a startup focused on helping other startups build product onboarding experiences for new users. Earlier this year, Dopt introduced a number of…