Kenrick Cai

After disbanding its efforts to build a general purpose robot in 2020, the AI juggernaut plans to supply models to other companies aiming to build robots of their own.

The funding round, which sources say will be led by existing investors Lightspeed and GIC, is expected to maintain the same valuation that Grafana secured two years ago.

The startup has raised $30 million, quadrupling its valuation to $200 million, signaling investors’ interest in enterprise AI tools that aren’t generative in nature.

Vogt, who resigned from the self-driving car company amid a crisis just six months ago, landed a $550 million valuation for a new company which wants to sell robots for personal uses like cleaning your house.

Vogt, who resigned from the self-driving car company amid a crisis just six months ago, landed a $550 million valuation for a new company which wants to sell robots for personal uses like cleaning your house.

Nominate your company for the ninth annual Forbes Cloud 100 list now through May 7, 2024.

Notion cofounder Ivan Zhao captivated Silicon Valley investors and everyday consumers alike with a sleek productivity app that went so viral its servers crashed. Now, the profitable startup’s CEO sees a rare opening to break Microsoft and Google’s dominance in the workplace by going early and aggressive on AI.

This year’s AI 50 list shows that artificial intelligence is helping companies achieve more with less: the median headcount for an AI 50 startup was 89 employees, down from 150 last year.

In 2019, recovering venture capitalist Michelle Valentine came upon an idea she wanted to invest in: a business to handle the rote work of managing sales tax on softwa...

Now in its fifth year, our annual list, produced in partnership with Sequoia and Meritech Capital, recognizes the most promising privately-held companies building businesses out of artificial intelligence.

The list is compiled in collaboration with data partners Sequoia and Meritech Capital.

Unpaid bills, bungled contracts and a disastrous meeting with Nvidia’s kingmaker CEO. Inside the stunning downfall of Emad Mostaque.

Mostaque has told a number of people close to him that he plans to step down as chief executive of the once buzzy generative AI startup known for Stable Diffusion.

Baseten raised $40 million to make it easier for companies to actually deploy AI applications in a practical way after growing its revenue to several million dollars.

Nat Friedman and Daniel Gross built a 4,000-chip supercomputer. Andreessen Horowitz is in talks to secure tens of thousands of GPUs for an offering of its own, a source said.

The deal was one of several challenges for the federal business of the $7.3 billion startup, whose CEO Alexandr Wang has become an advocate of national security amid the threat of China.

Forbes’ fifth annual AI 50 list is seeking nominations from now through February 5, 2024.

Partner Mackey Craven announced plans to leave in recent weeks, blindsiding the firm and creating a leadership void that led to OpenView halting new investing.

Alex Bouaziz’s HR company became the fastest-growing software startup in Silicon Valley history by promising to take the pain out of overseas hiring. But in its rush to a $12 billion valuation, regulators worry it may have been cutting the very compliance corners it’s supposedly maintaining.

Annual recurring revenue has grown $1 million in March to $18 million today.