New York-based artificial intelligence company Lightning AI has recently completed a new funding round of $50 million. The investment round includes notable firms such as Cisco Investments, JPMorgan Chase, K5 Global, and technology giant NVIDIA. To date, Lightning AI's total funding has reached $103 million. Led by founder and CEO William Falcon, Lightning AI is known for its deep learning framework, PyTorch Lightning.
Recently, San Francisco-based startup Wordware announced the completion of a $30 million seed funding round led by Spark Capital. This investment is one of the largest initial investments in Y Combinator's history. Wordware aims to simplify the AI development process through its natural language platform, enabling non-programmers to easily build AI agents. The core product of Wordware is a full-stack operating system that allows users to...
Crusoe Energy is a startup focused on building data centers for major companies like Oracle, Microsoft, and OpenAI. Recently, the company filed a document with the U.S. Securities and Exchange Commission (SEC) indicating it is conducting a funding round totaling $818 million, of which $686 million has been secured. This round has attracted participation from 70 investors. Image source note: Image generated by AI, image provided by service provider Midjourney.