OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
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Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges
Returning backers a16z and Thrive are expected to lead the round.
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Probably raises $9M to build a more reliable kind of AI
Probably wants to prevent hallucinations and factual errors from reaching users, and achieve accuracy on par with deterministic systems.
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AI | Transportation | Venture
Travis Kalanick’s robotics company raises $1.7B, led by a16z
Uber is also investing in Travis Kalanick’s company Atoms, which has made gauzy claims about using industrial AI to modernize the world.
