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☆ 2023 has been an AI feeding frenzy, here are the startups that attracted the most investment this year
▼ + stars: | 2023-12-04 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +7 min

Despite an overall slump in startup funding, 2023 saw a scramble among investors to pour money into AI and machine learning startups. And the company's star still appears to be rising, despite a messy leadership struggle that recently spilled into public view. Meanwhile OpenAI's perennial rival Anthropic attracted multi-billion dollar investments from both Google and Amazon to fund a competing AI model known as Claude. At the same time legacy companies from John Deere to accounting firm PwC played up their AI bona fides to capitalize on the hype. The list doesn't include startups who have not publicly released the amount of their funding rounds.

Persons: OpenAI, Anthropic, Claude, Databricks, John Deere, PwC, Fresh Organizations: Microsoft, Google, Alpha, Technology, Monogram, Sigma, Lambda, Helsing, Metals, Eagle Eye, Amelia, Asimov, Farmers Business, Harbinger, Prins, Silo, Mistral, Alto, AMP, Management Software, Universal, Coro, Kodiak Robotics, Aerospace, Defense, Sana, Corti, Kyte, Mitra, Tech, Boss Digital Technology, Halcyon, & $ Locations: PitchBook

☆ German startup Fernride raises $50 mln for self-driving freight trucks
▼ + stars: | 2023-09-20 | by ( Nick Carey | ) www.reuters.com time to read: +2 min

LONDON, Sept 20 (Reuters) - German self-driving startup Fernride said on Wednesday that it has raised $50 million in Series A funding to increase the use of its "human-assisted" autonomous freight trucks in customer's logistics yards. The Munich-based startup had initially closed the funding round with $31 million, but had extended it due to high investor interest, the company said. New investors include Munich Re's venture capital arm Munich Re Ventures, Bavarian venture capital firm Bayern Kapital and former Siemens Klaus Kleinfeld, who will become chairman of the board at Fernride. Existing investors, including strategic investors HHLA (HHFGn.DE) and Deutsche Bahn (DBN.UL) unit DB Schenker also participated in the funding round. Fernride's trucks currently operate autonomously around 80% of the time, then remote human operators to step in to help the remainder of the time.

Persons: Siemens Klaus Kleinfeld, Hendrik Kramer, DB, Kramer, Nick Carey, David Evans Organizations: Munich Re Ventures, Bayern Kapital, Siemens, Deutsche Bahn, DB Schenker, Volkswagen, Thomson Locations: Munich, Bavarian, Fernride, Hamburg

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