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.

After a successful entrepreneurial journey, former SmartThings CEO Alex Hawkinson embarks on a new startup adventure. His new company BrightAI has just completed a $15 million seed funding round exclusively led by Upfront Ventures, unveiling this tech company deeply focused on smart monitoring for infrastructure. BrightAI was founded in 2019 by Hawkinson along with Nathan Hanks and Doug.

A remarkable startup is developing a groundbreaking AI system that promises to give creators unprecedented capabilities for generating cinematic worlds. The company, named Odyssey, employs a unique approach: having staff carry specialized camera systems to gather scene data from around the globe. Founded by autonomous driving experts Oliver Cameron and Jeff Hawke, Odyssey recently completed an $18 million Series A funding round led by EQT Ventures.

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.

Against the backdrop of growing global demand for advanced artificial intelligence infrastructure, Silicon Valley's GPU cloud computing provider GMI Cloud announced the completion of $82 million in Series A funding. The funding was led by Headline Asia and supported by notable partners such as Banpu Next and Wistron. Following this round of funding, GMI Cloud's total capital has exceeded $93 million, with the funds aimed at opening a new data center in Colorado.

AI startup Moondream has officially announced the completion of $4.5 million in seed funding and presents a disruptive viewpoint: in the world of AI models, smaller models may hold advantages. The company is backed by Felicis Ventures, Microsoft's M12 GitHub Fund, and Ascend, launching a visual language model with only 1.6 billion parameters that can compete with models four times its size in terms of performance.

Healthcare startup Pharos has recently launched an innovative AI solution aimed at streamlining the cumbersome process of submitting quality reports to external clinical registries by hospitals. The company has just completed a $5 million seed funding round led by Felicis, with participation from General Catalyst, Moxxie, and Y Combinator. In the current healthcare system, submitting quality reports to institutions such as the Centers for Medicare and Medicaid Services (CMS) is an extremely time-consuming task.

Vienna-based AI governance and compliance solutions provider Daiki GmbH today announced the completion of a €1.5 million seed funding round. The funds will be used to support the company's expansion into the European market and product development, marking a significant step for Daiki in promoting the responsible deployment of AI by European enterprises. Daiki offers SaaS compliance solutions tailored to the EU AI Act and ISO standards, including ISO 13485 certification for medical device manufacturers. The product, developed by a multidisciplinary team of experts, includes integrated documentation and quality management.