Tag: funding
iRobot co-founder’s new home robot startup hopes to raise $30M
Colin Angle, one of the co-founders of Roomba maker iRobot, is raising cash for a home robotics venture.
A filing with the U.S....
BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018
Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant write-down from the $1.4 billion BlackBerry paid to...
Liquid AI just raised $250M to develop a more efficient type of AI model
Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg,...
Cartesia claims its AI is efficient enough to run pretty much anywhere
It’s becoming increasingly costly to develop and run AI. OpenAI’s AI operations costs could reach $7 billion this year, while Anthropic’s CEO recently suggested that...
Trump’s proposed university endowment tax could hurt funding, VC warns
Some VCs are looking at the Trump administration’s proposed massive tax increase on university endowments with alarm, warns Ann Miura-Ko, co-founder at Floodgate...
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday.
Investors gave...