OpenAI is increasingly looking like a consumer company, telling CNBC that it now has 400 million weekly active users. Usage is still growing at a rapid pace as the AI developer behind the AI chatbot, ChatGPT, “only” had 300 million users in December 2024. Though OpenAI has not revealed the number of paid customers with […]
Lightmatter’s $400M round has AI hyperscalers hyped for photonic datacenters
Photonic computing startup Lightmatter has raised $ 400 million to blow one of modern datacenters’ bottlenecks wide open. The company’s optical interconnect layer allows hundreds of GPUs to work synchronously, streamlining the costly and complex job of training and running AI models. The growth of AI and its correspondingly immense compute requirements have supercharged the […]
Anysphere, a GitHub Copilot rival, has raised $60M Series A at $400M valuation from a16z, Thrive, sources say
Anysphere, a two-year-old startup that’s developed an AI-powered coding assistant called Cursor, has raised over $ 60 million in a Series A financing at a $ 400 million post-money valuation, two sources familiar with the deal told TechCrunch. The round was co-led by Andreessen Horowitz and Thrive Capital. Patrick Collison, co-founder and CEO of Stripe, […]
iOS 18 could ‘sherlock’ $400M in app revenue
Apple’s practice of leveraging ideas from its third-party developer community to become new iOS and Mac features and apps has a hefty price tag, a new report indicates. Ahead of its fall release, you can download the public beta for iOS 18 right now to get a firsthand look at Apple’s changes, which may affect […]
Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot
Paris has quickly established itself as a major European center for AI startups, and now another deal in the works could cement that position even further. Poolside.ai, a generative AI company based out of Paris that is building tools to speed up software development, is in the process of raising at least $ 400 million, […]