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How AI Is Disrupting Venture Capital and Startup Investing
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
Covertly AI
Mar 144 min read


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


AI Powerhouses Tenstorrent and Nebius Secure $700 Million Investments to Revolutionize the Industry
Two major players in the AI landscape, Tenstorrent and Nebius Group, have each secured $700 million in funding to bolster their efforts...
Covertly AI
Dec 7, 20243 min read


Pony AI: A Groundbreaking US IPO for Chinese Driverless-Tech
Pony AI, a Guangzhou-headquartered autonomous-driving technology company, has captured the spotlight with its impressive U.S. initial...
Covertly AI
Nov 28, 20243 min read


Zero Gravity Labs Secures $290 Million to Pioneer World's First Decentralized AI Operating System
Zero Gravity Labs (0G Labs) has made waves in the tech and blockchain communities with a massive $290 million financing announcement. The...
Covertly AI
Nov 15, 20243 min read


Saudi Aramco Allocates $100 Million for AI Investments, Accelerating Saudi Arabia's Global AI Ambitions
Saudi Aramco's venture capital arm, Wa'ed Ventures, has earmarked $100 million to invest in early-stage artificial intelligence (AI)...
Covertly AI
Oct 28, 20243 min read


Xscape Photonics Raises $44 Million to Transform AI Data Centers with Cutting-Edge Photonics Technology
Xscape Photonics, a Silicon Valley-based startup focused on leveraging silicon photonics to revolutionize AI data centers, has announced...
Covertly AI
Oct 15, 20242 min read
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