OpenAI, the artificial intelligence research lab, has recently raised a significant amount of funding in its latest funding round. The company, which was founded in 2015 by Elon Musk and other tech luminaries, has successfully secured $2 billion in funding, valuing the company at an impressive $157 billion. This latest funding round has raised eyebrows… Continue reading OpenAI funding round values company at $157 billion
Category: round
Refiberd round
The textile industry is one of the largest sources of global waste, and a new startup is looking to tackle this problem in a novel way. Refiberd, an AI-powered platform that helps manufacturers and brands reduce and reuse waste, has just secured a $3.4 million seed round to continue its mission of reducing textile waste.… Continue reading Refiberd round
OneTrust hauls
OneTrust, the leading provider of privacy, security, and compliance solutions, has announced the completion of a $150 million funding round. The company was valued at $4.5 billion in the round, representing a significant drop from its prior valuation of $5.3 billion. The most recent funding round was led by existing investor Insight Partners. Other participants… Continue reading OneTrust hauls
Creative platform EVEN raises $2.2M seed round to help artists sell directly to fans
The creative revolution is underway and it’s powered by the artists bringing their unique visual, auditory and textual visions to the world. Now, a new platform is emerging and stepping up to help them do so. Even, a tech start-up founded by CEO Lucas Ivie, just raised $2.2 million in a seed round to help… Continue reading Creative platform EVEN raises $2.2M seed round to help artists sell directly to fans
raises gamify
Salt Labs, a Sydney-based startup focused on improving the recruitment process, has announced it has closed a US$10 million funding round to help gamify contract work. The funding round was led by AirTree Ventures, with participation from Rampersand, GSF Global and Wildcat Ventures. It brings the total amount of funding raised by Salt Labs to… Continue reading raises gamify
Disney reportedly eliminates metaverse division in first round of layoffs
Disney, the world’s leading entertainment company, recently announced the elimination of its newly created metaverse division and a round of layoffs in its corporate structure as part of its wider re-organization. The metaverse division had been created eighteen months ago with the goal of exploring the possibilities of using augmented, virtual, and mixed reality technology… Continue reading Disney reportedly eliminates metaverse division in first round of layoffs
Why this round of tech optimism feels different
The last few years have seen an impressive wave of innovation in technology, from artificial intelligence and machine learning to virtual reality and self-driving vehicles. Although the tech industry has seen its share of ups and downs, what many experts are noting is that the current enthusiasm for tech feels different than past cycles. For… Continue reading Why this round of tech optimism feels different
Why this round of tech-optimism feels different
Technology is no stranger to periods of boom and bust, but the current era of tech-optimism feels different. It’s not just a flash in the pan tech hype cycle. This time, technology is transforming our societies, businesses, and economies. We’re now experiencing an epochal shift that touches nearly everything, from artificial intelligence (AI) to 5G… Continue reading Why this round of tech-optimism feels different
Roofstock valued
Roofstock, the Oakland, California-based company that provides technology for real estate investing and management, announced its second round of layoffs on May 13th. In the last year, the company had achieved a billion-dollar valuation, but now faces considerable challenges as the coronavirus pandemic continues to upset markets and economies worldwide. As part of its second… Continue reading Roofstock valued
Roundtable raises funding round on Roundtable
Today, the Silicon Valley startup Roundtable announced that they have successfully raised a funding round to grow and develop their platform even further. Founded back in 2020, Roundtable is a crowdsourcing platform that is designed to help entrepreneurs and early-stage startups to collaborate and gain access to resources and advice from experts. The recent round… Continue reading Roundtable raises funding round on Roundtable