San Francisco-based SuperAnnotate, a leading AI data management platform, has secured $36 million in a Series B funding round led by Socium Ventures. The round also saw participation from notable investors, including Nvidia, Databricks Ventures, and Play Time Ventures, bringing the company’s total funding to over $53 million. Co-founded by brothers Vahan and Tigran Petrosyan, […]
Brussels, Oct. 31, 2024 – Nvidia, the prominent U.S.-based chipmaker, is set to pursue European Union antitrust clearance for its proposed acquisition of the AI infrastructure startup Run:ai. The European Commission’s move highlights heightened regulatory scrutiny on transactions that could impact market competition, particularly within high-growth sectors like artificial intelligence. Nvidia’s acquisition of Israel-based Run:ai, […]
Stripe and NVIDIA Deepen Collaboration to Advance AI and Enhance Fraud Detection San Francisco, October 9, 2024 — Stripe, a leading financial infrastructure platform, today announced an expanded partnership with NVIDIA, aimed at advancing AI technology to benefit Stripe’s customers and improve fraud detection. The collaboration will also broaden global access to NVIDIA’s cutting-edge GPUs and AI software, […]
OpenAI Secures $6.6 Billion in Funding, Valuing the Company at $157 Billion Amid Leadership Changes October 3, 2024 – OpenAI, the creator of the popular AI tool ChatGPT, has raised $6.6 billion in a recent funding round, which could value the company at a staggering $157 billion. This latest capital injection cements its position as […]