United States

OpenAI restructures Venture Capital Fund and removes Sam Altman as Controller

OpenAI, the pioneering AI research organization based in the US, has recently announced a significant change to the governance structure of its venture capital fund. In a move detailed in a filing with the US Securities and Exchange Commission (SEC), OpenAI has removed former CEO Sam Altman from the control of the OpenAI Startup Fund.

United States

OpenAI restructures Venture Capital Fund and removes Sam Altman as Controller

United States

FTX Founder Sam Bankman-Fried sentenced to 25 Years for monumental Crypto Fraud

Sam Bankman-Fried, once a luminary in the cryptocurrency world as the founder of FTX, has been sentenced to 25 years in prison, marking one of the most severe punishments for white-collar crime in the United States.

United States

Cleric secures $4.3 Million to launch the first 24/7 AI-driven Site Reliability Engineer

San Francisco based Cleric has recently raised $4.3 million in seed funding, with Zetta Venture Partners, a Silicon Valley firm, leading the investment round. Contributions also came from a group of AI infrastructure angel investors, including executives at Google Cloud, Sysdig, Tecton, and Neo4J.

United States

Reddit’s spectacular NYSE Debut: Shares Surge 48%

Reddit, the popular social media platform, celebrated its highly anticipated debut on the New York Stock Exchange (NYSE) under the ticker symbol RDDT, achieving a valuation of $6.4 billion. Steve Huffman, Reddit’s CEO, shared his enthusiasm with CNBC, stating, "the best investors of Reddit are people who use Reddit."

United States

Here are 12 Mind-Blowing AI Softwares from the US you should definitely know about

In the rapidly evolving landscape of artificial intelligence (AI), the United States has been a fertile ground for groundbreaking technologies that are transforming how we work, live, and interact with the world around us.

United States

Cognition introduces Devin, the World’s First Fully Autonomous AI Software Engineer

Cognition, a US-based applied AI lab specializing in reasoning, has unveiled Devin, the world's first fully autonomous AI software engineer. This groundbreaking development prompts a reevaluation of the future of work, especially in the tech industry, where AI's role is increasingly significant.

Germany, United States

Polar Signals raises €6.2M led by Spark Capital for AI-Driven Performance Optimizations

Polar Signals, the creator of the continuous profiling product Parca, has announced securing an additional $6.8M (approximately €6.2M) in funding. This round, led by Spark Capital, brings the total funds raised to $10.8M (approximately €9.8M).

United States

Applied Intuition secures $250M Funding at $6B Valuation for AI-Driven Autonomous Vehicle Software

Applied Intuition recently announced a $250 million Series E funding round, reaching a $6 billion valuation. The round was led by Bilal Zuberi of Lux Capital, Elad Gil, and strategic investor Porsche Investments Management, alongside participation from both new and existing investors including Andreessen Horowitz, General Catalyst, and Mary Meeker

United States

Remofirst secures $25M Series A Funding to streamline International Remote Hiring

Remofirst, a pioneering HR technology platform, has successfully raised $25 million in a Series A funding round to simplify the process of hiring and managing remote employees globally. The funding round was led by Octopus Ventures, with additional support from existing investors, positioning Remofirst as a leader in the Employer

United States

Berlin’s FoodLabs supports Biotech Innovator Van Heron Labs with €1M Seed Investment

Van Heron Labs, an Alabama-based biotechnology company, has announced a successful seed funding round of $1.1M (approximately €1M), led by FoodLabs, a Berlin-based venture capital and venture studio focusing on food, health, and climate sectors. This investment will enable Van Heron Labs to enhance its technologies and offerings, bringing innovative

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United States

United States

OpenAI restructures Venture Capital Fund and removes Sam Altman as Controller

OpenAI restructures Venture Capital Fund and removes Sam Altman as Controller

FTX Founder Sam Bankman-Fried sentenced to 25 Years for monumental Crypto Fraud

Cleric secures $4.3 Million to launch the first 24/7 AI-driven Site Reliability Engineer

Reddit’s spectacular NYSE Debut: Shares Surge 48%

Here are 12 Mind-Blowing AI Softwares from the US you should definitely know about

Cognition introduces Devin, the World’s First Fully Autonomous AI Software Engineer

Polar Signals raises €6.2M led by Spark Capital for AI-Driven Performance Optimizations

Applied Intuition secures $250M Funding at $6B Valuation for AI-Driven Autonomous Vehicle Software

Remofirst secures $25M Series A Funding to streamline International Remote Hiring

Berlin’s FoodLabs supports Biotech Innovator Van Heron Labs with €1M Seed Investment

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Cherryrock Capital closes $172M Fund to back diverse Founders at Series A and B Stages

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Polestar Capital launches €500M Fund to accelerate Zero-Emission Mobility in Europe

Valar Atomics emerges from Stealth with $19M to build High-Temperature SMRs

73 Strings secures €52.7M to expand AI-Powered Financial Intelligence Platform

Spore.Bio secures $23M to revolutionize Microbiology Testing with AI