Nilekani remains Fundamentum’s anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.
The $300 million round is expected to be led by Menlo Ventures, Sifted reported.
Like its U.S. counterpart, the European Chips Act aims to foster the semiconductor industry — in part thanks to state subsidies. One of the beneficiaries is QuantumDiamonds, a German startup that applies a novel approach to inspecting chips.
When it comes to achieving artificial general intelligence (AGI), large language models just don’t have what it takes. Models like ChatGPT and Claude are great at text, but they’re less skilled at understanding how things…
Founded in 2024, Prime Intellect’s goal is to give organizations capabilities to train their own agentic systems without relying on frontier AI labs.
ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has now released ZML/LLMD, software that could make running AI less costly.
If you’re building something ambitious, this is a fast track to the people who can move your startup forward.
AI law startup Norm has raised a $120 million Series C round led by Kholsa Ventures, valuing the startup at $1.2 billion.
Bidbus, which lets dealerships bid on used cars, has raised $15 million in a Series A round that was led by early-stage mobility fund Ibex Investors.