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Nvidia Hits the Brakes on OpenAI and Anthropic as Tensions Rise
Nvidia is signaling it may be done writing ever-larger equity checks to the AI startups it supplies, even as it remains the primary company selling the chips that make their ambitions possible. Speaking at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco on March 4, CEO Jensen Huang said Nvidia’s recent investments in OpenAI and Anthropic are likely to be its last in both companies, arguing that once they go public, the window for private investing
Covertly AI
Mar 84 min read


Interface.ai Secures $30M to Revolutionize AI-Powered Customer Service for Banks
Interface.ai , a customer automation platform for banks and financial institutions, recently secured $30 million in a funding round led...
Covertly AI
Oct 27, 20242 min read


AI Startup Perplexity Seeks $8 Billion Valuation in Latest Funding Round
Artificial intelligence search company Perplexity AI has started fundraising talks to double its valuation to $8 billion. The startup...
Covertly AI
Oct 24, 20242 min read
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