Anthropic, a San Francisco startup often cast as an independent player in the AI race, has deeper ties to Google than previously known. Court documents recently obtained by The New York Times reveal that Google owns a 14% stake in the company and is set to pour another $ 750 million into it this year […]
Anthropic reportedly ups its next funding round to $3.5B
Anthropic’s next funding round is reportedly growing larger. Anthropic, which makes the AI chatbot Claude, is finalizing a $ 3.5 billion fundraising round that values the company at $ 61.5 billion, according to The Wall Street Journal. Anthropic initially set out to raise $ 2 billion, but investors have now agreed to a larger tranche, […]
Zepto eyes $100M from Indian offices in third funding in 6 months
Zepto is in advanced stages of talks to raise $ 100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which allows customers in multiple Indian cities order grocery, […]
OpenAI’s $6.5B funding round may close as soon as next week
ChatGPT maker OpenAI’s next funding round, said to be around $ 6.5 billion, could close as soon as the end of next week. That’s according to a new report in The Wall Street Journal, which also reveals that OpenAI’s rumored conversion from a nonprofit org into a for-profit company is now a virtual certainty. Investors […]
Health insurance startup Alan reaches $4.5B valuation with new $193M funding round
Alan, the French insurance unicorn, just signed a multi-faceted deal with Belfius, one the largest banks in Belgium, that includes a distribution partnership along with a significant financial investment in the startup. Belfius is leading Alan’s Series F funding round of €173 million (around $ 193 million at current exchange rates). Some of Alan’s existing […]