Startups and funding: AI news .

OpenAI raises just $11 billion of its $30 billion target as big investors lose their AI appetite

OpenAI raised only about $11 billion in its latest funding round, less than half of the $30 billion it was targeting. At $1.25 trillion, the valuation falls short of expectations, and major investors appear to be pulling back amid the recent tech sell-off. Mea

The Decoder31 Oct

Google X co-founder Sebastian Thrun raises $130M for AI engineering startup Dulo

Dulo Inc., a startup co-founded by prominent artificial intelligence researcher Sebastian Thrun, has raised $130 million in funding. The Information broke the news of the investment on Thursday. Dulo co-founder Adrian Aoun confirmed the report in a post on X.

SiliconANGLE AI30 Oct

Ollie, a privacy-focused AI assistant, is shutting down

As an increasing number of AI assistants flood the market, the founder of Ollie, an assistant that respected its users' privacy, says it will be shutting down in a week.

TechCrunch AI30 Oct

Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, FT report says

Blackstone's forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding its massive spending that has undergirded its business.

TechCrunch AI30 Oct

Supersonic airliner in doubt as company shifts to powering AI data centers

Boom’s airliner may be delayed, and its data center power business lost a customer.

Ars Technica AI30 Oct

The Register AI + ML30 Oct

Darkbloom, which allowed Mac users to rent out their GPUs for AI inference, warns of low payouts

Blame plunging token prices

I read Anthropic's 92-page risk factor document, so you don't have to – video explainer

Anthropic, the creator of Claude, filed to go public on the US stock market on 26 October. The company's filing statement contains a 92-page risk factor document in which it acknowledges the dangers that AI poses to society and human beings, and factors that c

Guardian AI30 Oct

Prompt: AI demand is booming; the economics are getting complicated

Anthropic’s IPO filing offers a glimpse into soaring enterprise AI demand, but price competition and the cost of delivering AI are complicating the path to profitability.

AI Business30 Oct

As Anthropic finally files for its IPO, rising risks aren’t slowing the AI buildout – yet

The other artificial intelligence shoe dropped this week, as Anthropic filed for what surely will be the second blockbuster AI initial public offering of stock this year. Nearly 70,000 words in the filing list a ton of risks, but in short, it’s making unimagin

SiliconANGLE AI30 Oct

Intuit targets the mid-market ERP gap with AI

Growing companies that outgrow entry-level accounting software face a hard choice: Stay put or gamble on a mid-market ERP that promises automation but often brings cost and disruption. Artificial intelligence is now giving financial software providers a way to

SiliconANGLE AI30 Oct

Anthropic IPO puts enterprise AI returns in focus

The SEC filing reveals the scale of the vendor’s commercial growth while raising a broader question of how enterprise buyers can tell if AI spending is paying off.

AI Business30 Oct

Can AI data centers be mass-produced like cars? This startup aims to find out

Runware is building a factory to turn out prefabricated AI data centers on an assembly line. The real test will be whether it can deliver at that scale.

TechCrunch AI30 Oct

Anthropic IPO filing offers clues for enterprise AI, model price wars

With the frontier AI lab about to go public, businesses mull the long-term stability of the Claude creator. OpenAI goes on a price-cut binge to compete with cheap China models.

AI Business30 Oct

Wabi reels in $55M for its consumer-focused AI assistant

Wabi Inc., the developer of an artificial intelligence assistant for consumers, today announced that it has raised $55 million in funding. IVP led the seed round with contributions from Amazon Alexa Fund, Andreessen Horowitz and Forerunner. They were joined by

SiliconANGLE AI29 Oct

OpenAI-backed Thrive Holdings acquires ADT

OpenAI-backed Thrive Holdings is buying ADT in a $15.3 billion deal, with plans to bring AI to the home security business.

Granola crunches up a dictation feature to compete with Wispr

Uno reverse! After Wispr added meeting notes to its dictation app, Granola is adding dictation to its meeting notetaker. The voice AI wars are getting interesting.

Ex-Palantir execs launch Dream with $17M from a16z to build AI world models for construction

Dream is grounded in real physics and construction standards. Just as LLMs learn from text, Dream's world model is trained on more than 100 million square feet of building data gathered from permit archives across the United States.

The ‘Pain in the Ass’ Math That Could Save Vibe Coding From Itself

A new startup called &Truth is joining the race to automate formal verification, a painstaking process that uses math to prove software works as intended.

WIRED AI29 Oct

Wabi, the AI agent that builds mini apps, now valued at $1.25B after latest round

On Thursday, AI app Wabi, now describing itself as a "personal agent," said it has raised $55 million at a $1.25 billion valuation.

Startups and funding4d ago

Anthropic is asking Wall Street to believe in AGI

Today on Decoder, I’m joined by Joey Brookhart, an analyst at the chip and AI research firm SemiAnalysis, to help me dig into the story inside the numbers of the Anthropic IPO filing — a document known as an S-1. Anthropic just filed its S-1 to go public on th

The Verge AI29 Oct

Startups and funding4d ago

Anthropic’s business plan: Build God or die trying

The Anthropic S-1 seems to have provided the financial justification for the company to spend as much as it possibly can on compute. If you are the kind of person who wonders if Anthropic is doing its level best to build a machine god while convincing Wall Str

The Verge AI29 Oct

Startups and funding4d ago

Deepgram acquires Pipecat-maker Daily to bolster its voice AI infrastructure

With Pipecat, Deepgram will likely gain a deeper understanding of real-time voice and video infrastructure.