In 2023, governments emerged as the largest investors in European venture capital (VC) funds, with their contribution more than doubling compared to the previous year.
Forbes' AI 50, powered by Sequoia and Meritech Capital, spotlights top-notch private AI firms destined for greatness.
Global venture funding hit $66 billion in the first quarter — a 6% QoQ spike but a 20% YoY decrease, according to Crunchbase.
According to Crunchbase, funding for mental health-focused startups surged starting in 2020, with substantial investments going to companies developing telehealth services, AI-enabled platforms.
STORI AI, Uteach, and Happy Kids received the highest scores from a jury of members from the Parliament of Georgia, 500 Global, and others, heralding a series of global events by the Burning Heroes Founders Association.
Zapier introduced Canvas, a tool for mapping and visualizing business operations. Currently in early access, Canvas will help early-stage startups maintain order as they expand.
Allseated nets $20M for virtual venues, Speak raises $16M for AI-driven language tutoring, and Teale secures $11M for workplace mental health.
Elon Musk's company, X Corp., updated its privacy policy to use public data for training AI models. This aligns with Musk's new AI venture, xAI, aimed to "understand the true nature of the universe."
Tel Aviv-based startup AI21 Labs has caught the industry's eye with its recent Series C funding round. Closing at $155 million, the investment has catapulted the startup to a whopping $1.4 billion valuation.
On August 31, 2023, OpenAI published a blog post outlining potential applications and guidelines for using ChatGPT, a specific AI model, in educational settings.
