Databricks is raising €9.5B at €58.9B valuation; expects to be free cash flow positive in fourth quarter
San Francisco-based Databricks, a data and AI company, announced its Series J funding.
Artificial Intelligence (AI)
Artificial intelligence in practice — what it changes, who it concentrates power for, and how it lands in the businesses and policies of the technology economy.
877 articles · Artificial Intelligence (AI)
German AI startup pagent.ai secures €857K from HTGF to personalise web experience
Bonn, Germany-based Pagent.ai, a company specialised in AI-driven web experience optimisation, announced on Monday that it has secured $900K (approximately €857K) in a pre-seed funding round from HTGF (High-Tech Gründerfonds).
Zurich-based ANYbotics bags €57.1M to develop autonomous robots for industrial inspections
Zurich-based ANYbotics, an AI-driven robotic inspection solutions provider, has raised an additional $60M (approximately €57.15M), bringing its total funding to over $130M (nearly €123.82M).
Delft-based deep tech startup Perciv AI bags €2.5M to advance its AI-based radar perception solutions
Delft-based Perciv AI, a deep-tech startup specialised in AI for radar perception, announced on Thursday that it has secured €2.5M in a seed funding round led by DayOne Capital and Keen Venture Partners, joined by Vinci Venture Capital.
Czech startup Elin.ai raises €1M to enhance digital well-being for young adults with AI
Czech startup Elin.ai, focused on using AI to protect teenagers and young adults on social media and enhance their digital well-being, has raised €1M in a pre-seed funding round.
Open AI launches ChatGPT Pro, a $200/month plan that includes unlimited access to its smartest model: Know more
OpenAI has announced the launch of ChatGPT Pro, which enables users to access the best of OpenAI’s models and tools.
London-based Stackfix secures €2.8M from Seedcamp and others for its AI-powered software comparison platform
London-based Stackfix, an AI-powered software comparison platform, announced that it has raised $3M (approximately €2.8M) in Seed funding led by Chalfen Ventures, with participation from Seedcamp and helloworld.
Empowering digital transformation: How Sigli combines values, AI, and tech to drive change
Digital transformation has become the next big frontier defining how businesses operate.
Amsterdam’s Recall bags €1.4M funding to help users organise information using AI: Know more
Amsterdam-based Recall, an AI startup that helps users summarise, organise, and revisit information, announced on Monday that it has secured $1.5M (approximately €1.4M) in a funding round led by renowned VC Jason Calacanis.
Germany’s carbmee raises €20M in funding to help companies manage and reduce carbon emissions
Berlin-based carbmee, a developer of AI-powered carbon management software, announced on Tuesday that it has secured €20M in a funding round led by CommerzVentures, with participation from Fly Ventures.
Amsterdam-based AI firm Nebius Group secures €667M from Accel, NVIDIA, others
Amsterdam-based Nebius Group, an AI infrastructure company, announced on Monday that it has entered into definitive agreements for a $700M (approximately €667M) private placement financing from a select group of institutional and accredited investors.
UK’s 9fin secures €47.4M to fix the outdated debt capital markets with its AI-powered analytics platform
London-based 9fin, an AI-powered analytics platform for debt capital markets, announced on Monday that it has raised $50M (approximately €47.4M) in a Series B round led by Highland Europe.