Tag: funding

Tembo capitalizes on the database boom and lands new cash to expand

As the demand for AI grows, so, too, does the demand for expertise in maintaining databases — a critical part in any AI...

Early Years Funding: Parenta Secures Access To £28 Million To Support The Sector

Parenta Training, the UK’s largest early years training provider, has once again demonstrated its persistent commitment to the early years sector by securing...

As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently

Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s...

Amazon hires founders away from AI startup Adept

Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon and the startup’s co-founders...

Orby is building AI agents for the enterprise

AI “agents” are generative AI models that can perform actions autonomously, like copying info from an email and pasting it into a spreadsheet...

Formation Bio raises $372M to boost drug development with AI

Formation Bio, a startup focused on applying AI to drug development with backing from OpenAI CEO Sam Altman, has raised over a quarter-billion...