Blackstone Inc. is making a significant organizational shift as it deepens its commitment to artificial intelligence, consolidating its growth-focused investing operations into a new West Coast division designed specifically around its AI and high-growth technology portfolio. The new unit, called Blackstone N1, will be based in San Francisco and will centralize the firm’s AI strategy, including investments in major companies such as OpenAI and Anthropic. This move reflects th

Anthropic, the company behind the Claude AI assistant, is reportedly considering one of the largest private funding rounds in technology history. The AI startup has received several preemptive offers to raise around $40 billion to $50 billion at a valuation between $850 billion and $900 billion. If completed, the deal would more than double Anthropic’s previous valuation of $380 billion from February and could place it at or above OpenAI’s recent private market valuation. Inv

David Silver, a former head of reinforcement learning at Google DeepMind and professor at University College London, has secured a landmark $1.1 billion seed round for his new London-based AI startup, Ineffable Intelligence. The deal values the company at $5.1 billion and marks the largest seed round ever raised in Europe, underscoring the intensity of investor competition in the race toward advanced artificial intelligence. The round was co-led by Sequoia Capital and Lightsp

Artificial intelligence is transforming nearly every industry, and venture capital may soon face disruption as well. For decades, venture capitalists have played a critical role in identifying promising startups, investing early, and helping founders grow their companies. Now, however, the same AI technologies that investors are funding may challenge the traditional venture capital model itself. As machine learning tools become capable of analyzing startup data, evaluating ma

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

Two major players in the AI landscape, Tenstorrent and Nebius Group, have each secured $700 million in funding to bolster their efforts...

Pony AI, a Guangzhou-headquartered autonomous-driving technology company, has captured the spotlight with its impressive U.S. initial...

Zero Gravity Labs (0G Labs) has made waves in the tech and blockchain communities with a massive $290 million financing announcement. The...

Saudi Aramco's venture capital arm, Wa'ed Ventures, has earmarked $100 million to invest in early-stage artificial intelligence (AI)...

Xscape Photonics, a Silicon Valley-based startup focused on leveraging silicon photonics to revolutionize AI data centers, has announced...