The content below was curated by our experts using CBI Instant Insights, a one-click AI analysis and summarization tool. Click on company profiles for more details and sourcing information.
NOTABLE DEALS
xAI | $6B Series B at $24B valuation
- xAI is an AI research startup led by Elon Musk, developing advanced language models.
- The new capital is earmarked for taking xAI’s first products to market, developing more advanced infrastructure, and accelerating R&D.
- Round investors: Kingdom Holding Company (Lead), Sequoia Capital, Andreessen Horowitz, and 9 others
Scale | $1B Series F at $13.8B valuation
- Scale is a San Francisco-based AI company providing data labeling, model training, and AI infrastructure solutions.
- The Series F funding is expected to help Scale expand the availability of training data to fuel more powerful AI systems.
- Round investors: Accel (Lead), AMD Ventures, and 19 more
