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Thinking Machines Lab, a new AI startup from former OpenAI CTO Mira Murati, is reportedly pursuing one of the largest seed funding rounds in history. According to Business Insider, the company has doubled its seed funding target to $20 billion. If successful, this round would value the company at least $10 billion. Thinking Machines Lab has only recently emerged from stealth mode and currently has no publicly available products.

OpenAI is pursuing a massive $400 billion funding round, led by Japan's SoftBank, with a crucial condition: OpenAI must transition to a profitable company by the end of 2025. Success would propel the company's valuation to $300 billion, making it the reigning AI unicorn. However, securing this funding isn't guaranteed. Failure to meet the deadline would slash the funding to $200 billion.

Graphite, an AI-powered code review platform, has raised $52 million in funding. Learn about the technology behind its claim of 20x efficiency improvements in software development.

Artificial intelligence voice company ElevenLabs has once again captured attention, having just completed a Series C funding round totaling $250 million, with a valuation between $3 billion and $3.3 billion. This round was led by ICONIQ Growth, demonstrating strong market confidence in AI voice technology. Just a year ago, ElevenLabs completed an $80 million Series B funding, when its valuation was only a third of what it is now, highlighting the company's rapid growth. ElevenLabs was founded by Mat

Despite the overall risk investment trend in Europe stabilizing, the vigorous development of AI startups may be overlooked. According to data from venture capital firms Balderton Capital and Dealroom, this year 25% of venture capital in Europe (approximately $13.7 billion) has flowed into AI startups, compared to just 15% four years ago. This has led to the emergence of several new unicorns, such as Poolside and Wayve. James Wise, a general partner at Balderton Capital, stated that...

As one of the most watched AI startups outside of OpenAI and Anthropic, Cohere was valued at $5.5 billion in July. One of the company's co-founders is an author of the paper 'Attention Is All You Need,' which is considered critical to sparking the revolution of large language models (LLMs). Headquartered in Toronto and San Francisco, Cohere focuses on providing AI solutions for enterprise clients, rather than pursuing a similar path as other companies.

French AI newcomer Mistral AI recently launched a new content moderation API service, highlighting its ambition in the global AI field and demonstrating deep thought on AI safety governance. This moderation system, built on the Ministral8B model, can accurately identify nine categories of potentially harmful content, including sexual content, hate speech, violence, dangerous activities, and personal identity information. Notably, the API supports 11 major languages, including Arabic, Chinese, English, French, and more.

Entrepreneur Ivan Crewkov from Siberia discovered the immense potential of AI in education after a failed attempt in the smart speaker market, inspired by his daughter's experience learning English. His children's English education AI company Buddy.ai recently raised $11 million in seed funding, led by BITKRAFT Ventures, as its AI technology and business model focused on addressing children's English learning challenges gained recognition from investors. Crewkov's entrepreneurial journey has been quite dramatic.

Enterprise AI leader Glean raised over $260 million in its latest Series E financing round, with the company's valuation reaching $4.6 billion, doubling from $2.2 billion six months ago. This round was co-led by Altimeter and DST Global, with participation from several investment firms including Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2. Along with the financing, Glean launched Work AI.

Venture capitalist Vinod Khosla's remarks have sparked heated debate, claiming that '100% of AI unicorns are built on OpenAI's API.' This statement has been met with opposition from netizens, who pointed out that multiple AI models, including Claude, Anthropic, Mistral, and Meta's Llama, do not entirely rely on OpenAI technology. In the discussion, some users drew an analogy to the electric vehicle market, emphasizing that different AI unicorns may have their own unique technologies.

Wuwen Chip Quasar, an AI startup established just over a year ago, recently secured nearly 500 million in Series A financing, bringing its total financing to over 1 billion, making it the king of financing in the AI infrastructure sector. Its shareholders include state-owned assets, local funds, and notable venture capital institutions such as Shunwei Capital and Dacheng Financial Intelligence. One of the founders, Wang Yu, is the head of the Department of Electronics at Tsinghua University, and many team members have Tsinghua backgrounds with rich research experience. In 2016, DeepInsight Technology, incubated by Tsinghua NICS-EFC Laboratory, was acquired by Xilinx for 300 million.

AI programming sector experiences significant funding surge as Codeium, a new unicorn, secures $150 million at a valuation exceeding $1.25 billion. Led by General Catalyst with participation from Kleiner Perkins and Greenoaks, this round highlights market optimism for AI programming technology. Codeium's platform leverages its proprietary code models to simplify software development and enhance developer productivity. The funds will accelerate pr....

Domestic AI chip design company Suiyuan Technology has initiated the counseling process for its A-share listing, officially starting its IPO. Established in 2018, Suiyuan Technology focuses on the development of cloud computing products in the AI field, including AI acceleration cards, intelligent computing clusters, and related software and platforms. The company's founders, Zhao Lidong and Zhang Yalin, both possess strong technical backgrounds. One year after its establishment, Suiyuan Technology launched its first-generation AI training chip, SuiSi 1.0, and has now developed to the second generation, SuiSi 2.0, while also developing multiple AI inference chips. In just six years, the company has completed ten rounds of financing, totaling nearly 7 billion RMB.

World Labs, a startup founded by Stanford University AI professor Fei-Fei Li, has completed two rounds of funding in two months, reaching a valuation of over $1 billion and becoming a 'unicorn' company. The latest funding round was led by NEA, with a significant increase in valuation compared to the first round in April. World Labs is dedicated to developing AI models that can accurately estimate the three-dimensional physical properties of real-world objects and environments, aiming for detailed digital replication without the need for large-scale data collection, and is focused on addressing the scarcity of 3D data. The company's business model has not been validated by the market.

Recently, some media reported that Tencent participated in the $300 million financing of the Chinese artificial intelligence unicorn company Yue Zhi An Mian Technology Co., Ltd., but Yue Zhi An Mian declined to comment. Previously, Yue Zhi An Mian's valuation reached $3 billion in May, making it a leader among large model startups.