AI funding News

Cohere Inc. Skyrockets to $6.8B Valuation with $500M Funding, Eyes AI Revolution

Cohere Inc. announces a $500M funding round at a $6.8B valuation, led by Radical Ventures and Inovia Capital, with investments from AMD, NVIDIA, and more. The company also appoints...

Elon Musk's xAI Aims for a Staggering $200 Billion Valuation in Upcoming Funding Round

Elon Musk's xAI is targeting a $200 billion valuation in its next funding round, following recent financial successes and the launch of its new chatbot model, Grok 4, amidst previo...

Perplexity AI's Valuation Skyrockets to $14B in Groundbreaking Funding Round

Perplexity AI is set to raise $500 million, reaching a $14 billion valuation, signaling strong investor confidence and positioning itself as a formidable challenger to Google in th...