Topic: new investors
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White House Reveals New Details on Potential TikTok Deal
A preliminary agreement has been reached to transition TikTok's U.S. operations to majority American ownership, with key terms settled but not yet formally signed. The restructured entity will have a board with six out of seven seats held by U.S. representatives, and the app's algorithm will be u...
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OpenAI Hits $300B Valuation With $8.3B Funding Round
OpenAI's valuation reached $300 billion after an $8.3 billion funding round, aiming for $40 billion in total funding this year amid strong investor interest. The company's annualized revenue hit $13 billion, with ChatGPT reaching 700 million weekly users, and analysts project $20 billion revenue ...
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Cohere Valued at $7B in New Funding, Partners With AMD
Cohere has raised an additional $100 million, increasing its valuation to $7 billion, and announced a strategic partnership with investor AMD. Cohere's Command AI models are now fully compatible with AMD GPUs, offering an alternative to Nvidia, and AMD will use these models internally. The compan...
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