Latest in OpenAI Reportedly Set to Raise Funds at $150 Billion Valuation
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Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.Tech - VentureBeat - November 1 -
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.Business - CNBC - October 21 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - 3 days ago -
Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.Business - CNBC - 4 days ago -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.Business - CNBC - 3 days ago -
Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion
The new fundraising effort would substantially increase startup’s valuation from spring.Tech - The Wall Street Journal - October 29 -
Harris Sets Record for Biggest Fund-Raising Quarter Ever
Donald Trump is raising less money than he did during his run in 2020, building a far smaller campaign than Kamala Harris.Top stories - The New York Times - October 21 -
OpenAI’s Journey to $157 Billion Chronicled in Documents
OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.Business - Inc. - October 13 -
Perplexity AI Hopes to Double Its Valuation to $8 Billion
The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.Business - Inc. - October 20 -
Levellr raises funds for tools to manage Discord communities
Levellr has raised $1.75 million for its community management and insights tools used by companies to manage Discord communities.Tech - VentureBeat - November 1 -
AI search start-up Perplexity targets $8bn valuation in new funding round
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraisingBusiness - Financial Times - October 21 -
Jalen Johnson, Atlanta Hawks reportedly agree to 5-year, $150 million extension
Jalen Johnson's new deal with the Hawks is fully guaranteed.Sports - Yahoo Sports - October 21 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - October 28 -
Raised eyebrows as Boeing reportedly mulls sale of stellar space enterprise
Company that helped build Nasa’s Saturn V rockets said to be keen to focus on fixing problems in core aircraft business. For six decades, Boeing has been among the marquee names in human ...World - The Guardian - 6 days ago -
Podcaster Stebbings raises one of Europe’s biggest venture funds
British firm 20VC pulls in $400mn to invest in early stage tech start-upsBusiness - Financial Times - October 15 -
Node.vc raises $77.3M for new fund backed by 70 Nordic entrepreneurs
Node.vc has raised $77.3 million, or €71 million, for a new fund that is backed by 70 Nordic entrepreneurs.Tech - VentureBeat - October 16 -
Senate Republicans raise questions after funds for disaster loans exhausted
A group of GOP senators are pressing the Small Business Administration (SBA) for answers after officials said its disaster loan program exhausted its funds earlier this week in the aftermath of a ...Politics - The Hill - October 18 -
Federal Government Approves $1.8 Billion in Hurricane Recovery Funds
After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.Business - Inc. - October 16 -
Biden administration announces $2 billion in funds to strengthen electric grid
The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...Politics - The Hill - October 18 -
Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations
The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.Business - The Wall Street Journal - October 25 -
Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - October 31 -
This Robotics AI ‘Brain’ Startup Just Raised $400 Million From Jeff Bezos, OpenAI, and Others
Physical Intelligence, now valued at about $2 billion, aims to create AI models that can power robots.Business - Inc. - 5 days ago -
Chancellor sets out new funding for extra NHS appointments
The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.Top stories - BBC News - October 29 -
White Sox hire Will Venable as new manager: MLB veteran inherits team that set single-season loss record
Venable most recently served as associate manager under Bruce Bochy with the Texas RangersSports - CBS Sports - October 31 -
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.Business - CNBC - October 16 -
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...Top stories - NBC News - October 15 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...Top stories - NBC News - October 21 -
The Paris conference for Lebanon raises $1 billion in pledges for humanitarian and military support
An international conference for Lebanon in Paris raised $1 billion in pledges for humanitarian aid and military supportWorld - ABC News - October 24 -
Boeing’s stock reverses lower after announcing a $19 billion capital raise
.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.Business - MarketWatch - October 28 -
UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30