Fundamental AI Emerges with $255M Series A at $1.2B Valuation
Fundamental raises $255M for Nexus, a Large Tabular Model that brings AI foundation model capabilities to enterprise structured data.
Fundamental raises $255M for Nexus, a Large Tabular Model that brings AI foundation model capabilities to enterprise structured data.
Former Cohere exec Sara Hooker raises $50M for Adaption Labs to build smaller, smarter AI models using gradient-free learning and adaptive intelligence.
Major AI funding wave sees Waabi secure $1B for autonomous trucking, Decagon triple to $4.5B valuation, and PaleBlueDot AI reach unicorn status at $1B+.
Autonomous vehicle startup Waabi secures $1 billion funding with $750M Series C and $250M from Uber to deploy 25,000+ robotaxis on the ride-hailing platform.
Recursive AI, a new startup from famed researcher Richard Socher, is in discussions for a funding round that would value the company at $4 billion. The lab aims to build superintelligent AI that can improve itself autonomously.
OpenAI CEO Sam Altman is reportedly in talks with sovereign wealth funds in Abu Dhabi to raise over $50 billion in a new funding round, which could value the company at approximately $750-$830 billion.