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Top related persons:
Niket - 2 Krystal Hu - 2 Rowe Price - 1 Ali Ghodsi - 1 Ghodsi - 1 Andreessen Horowitz - 1 Baillie Gifford - 1 Morgan - 1
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Search resuls for: "Niket Nishant Krystal Hu"


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☆ Databricks raises over $500 mln at $43 bln valuation
  + stars: | 2023-09-14 | by ( Niket Nishant Krystal Hu | Niket Nishant | Krystal Hu | ) www.reuters.com   time to read: +2 min
The new round, led by T. Rowe Price, could mark the last round of private funding as the data company gears up for the public market. Chipmaker Nvidia (NVDA.O), another beneficiary of the AI boom, and credit card firm Capital One Financial (COF.N), also participated in the latest funding round. AI, the latest buzzword in the technology space, has captivated the interest of investors from Silicon Valley to Wall Street. Its latest valuation is over 13% more than the $38 billion the San Francisco-based company was worth after its last fundraise in 2021. The company has raised $4 billion since inception.
Persons: Rowe Price, Ali Ghodsi, Ghodsi, Andreessen Horowitz, Baillie Gifford, Morgan, Weeks, Databricks, Niket, Krystal Hu, Dhanya Ann Thoppil Organizations: Nvidia, Reuters, Fidelity Management & Research, Tiger Global, Thomson Locations: Silicon Valley, Wall, Francisco, Bengaluru, Hong Kong
☆ Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others
  + stars: | 2023-06-29 | by ( Niket Nishant Krystal Hu | Niket Nishant | Krystal Hu | ) www.reuters.com   time to read: +2 min
REUTERS/Dado Ruvic/Illustration/File PhotoJune 29 (Reuters) - Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. Inflection released its chatbot Pi last month. Pi uses generative AI technology, similar to ChatGPT, to interact with users through dialogues, allowing people to ask questions and share feedback. Palo Alto, California-based Inflection AI has about 35 employees. Nvidia (NVDA.O), which has stepped up its AI investments recently, Hoffman, Bill Gates and former Google CEO Eric Schmidt also participated in the latest round, Inflection said.
Persons: Dado Ruvic, Google DeepMind, Mustafa Suleyman, Reid Hoffman, Pi, Suleyman, OpenAI, Hoffman, Bill Gates, Eric Schmidt, Niket, Krystal Hu, Vinay Dwivedi, Conor Humphries Organizations: REUTERS, Microsoft, Nvidia, Google, LinkedIn, Collision, Thomson Locations: Alto , California, Greylock, Bengaluru, Toronto
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