Last week was a rough one for the stock market following the announcement of new tariffs. But as The Wall Street Journal (WSJ) reported Saturday (April 5), investors are choosing to keep their cash close to home rather than buying shares at lower prices. During...
SandboxAQ raised over $450 million in a Series E round to support its development of large quantitative models (LQMs) that help enterprises leverage artificial intelligence (AI) to solve scientific and quantitative challenges. Since spinning out from Alphabet in 2022, the company has raised over $950 million, SandboxAQ said...
Health insurance startup Thatch has reportedly raised $40 million in Series B funding. That’s according to comments by company executives Thursday (April 3) to TechCrunch. According to the report, Thatch helps employers offer their workers Individual Coverage Health Reimbursement Arrangements (ICHRA). A typical HRA covers...
Video AI firm Runway has reportedly been valued at $3 billion after raising $308 million. The deal is set to be announced Thursday (April 3), Bloomberg News reported, citing sources familiar with the matter. The report noted that Runway set off a frenzy around artificial...
Digital finance platform Plaid says it has raised $575 million in new funding. The financing, announced in a Thursday (April 3) blog post, follows a year in which the company marked what it calls a “meaningful expansion” of its product suite. “Plaid has evolved from a business solely focused...
Actively AI has reportedly raised $22.5 million to develop its AI-powered sales reps. Speaking with TechCrunch Wednesday (April 2), company Co-founder Anshul Gupta argued that classic versions of artificial intelligence (AI) sales reps had “failed” by concentrating too heavily on “pure volume,” or contacting as many leads as possible. Actively...
Andreessen Horowitz is reportedly in talks to invest in TikTok as part of a bid by Oracle and other American investors that has emerged as the frontrunner among those aiming to acquire the social media app from its Chinese owner. The venture capital firm is...
Artificial intelligence (AI)-infused blockchain Ambient has raised $74 million in new funding. That financing, CoinDesk reported Tuesday (April 1), will help the company develop a blockchain that is “ultimately designed as a replacement for Bitcoin,” as co-founder Travis Good put it. The report notes that while that claim may sound far-fetched,...
Yutori, an artificial intelligence (AI) startup founded by Meta veterans, has raised $15 million. The new funding round, announced Thursday (March 27), accompanies the company’s emergence from stealth and will help Yutori develop personalized AI assistants that it says can automate day-to-day tasks. “Today’s frontier AI models...
