Funding - News Articles

Harvey Secures $300 Million at $5 Billion Valuation, Aims to Become Global Legal AI for Lawyers

Jun 24, 2025

Fortune

Legal AI startup Harvey secures $300 million funding at $5 billion valuation, aiming to expand its AI-powered services for lawyers globally with plans to double headcount and venture into new professional domains like tax accounting while serving 337 clients across 53 countries.

Funding Legal

Harvey AI Soars to $5 Billion Valuation After Raising $300 Million in Four Months

Jun 23, 2025

TechCrunch

Legal AI startup Harvey skyrockets to $5 billion valuation after securing $300 million in Series E funding, marking a 67% jump from its $3 billion valuation just four months ago as the company reaches $75 million in annualized revenue and plans aggressive expansion into tax accounting services.

Funding Legal

AI Pioneer Pledges $100M for Independent Research Institute

Jun 23, 2025

TechCrunch

Databricks and Perplexity co-founder Andy Konwinski pledges $100 million to launch Laude Institute, an independent AI research institute that will fund projects through grants, with the first $3 million grant establishing an AI Systems Lab at UC Berkeley.

Funding Research Education

Zuckerberg Eyes AI Startup Thinking Machines Lab, Deal Stalls

Jun 23, 2025

Techmeme

Meta CEO Mark Zuckerberg explores acquiring AI startup Thinking Machines Lab founded by Mira Murati, but talks stall before reaching formal offer stage, as he actively seeks AI acquisitions to enhance Meta's capabilities.

Business Funding

Apple Eyes Perplexity AI Acquisition to Bolster AI Prowess

Jun 22, 2025

Android Headlines

Apple eyes acquiring Perplexity AI, a move that could bolster its artificial intelligence capabilities, enhancing features like Siri and offering an AI-powered search alternative on Safari as the tech giant aims to catch up with rivals in the AI landscape.

Search Funding Consumer Products

OpenAI's Ex-CTO Secures $2 Billion Seed Round for AI Startup at $10 Billion Valuation

Jun 20, 2025

TechCrunch

Mira Murati, former OpenAI CTO who led development of ChatGPT and DALL-E, secures $2 billion seed round at $10 billion valuation for her new AI startup Thinking Machines Lab, backed by Andreessen Horowitz and Conviction Partners.

Funding Foundation Models

Meta Pursues Perplexity AI Acquisition, Bolstering AI Ambitions

Jun 20, 2025

CNBC

Meta, the tech giant behind Facebook, intensifies its AI ambitions by pursuing an acquisition of Perplexity AI, an artificial intelligence startup, though a deal has yet to materialize, following its recent investments in Scale AI and a failed bid for Safe Superintelligence.

Search Funding Business

Cluely Raises $15M to Help Users 'Cheat' on Interviews, Exams, and Calls

Jun 20, 2025

TechCrunch

Cluely, a controversial startup helping users 'cheat' on interviews, exams, and calls, raises $15M Series A from Andreessen Horowitz, valuing it around $120M despite ethical concerns.

Funding Ethics

SoftBank Unveils Trillion-Dollar AI and Robotics Mega-Project in Arizona

Jun 20, 2025

TechCrunch

SoftBank unveils an ambitious trillion-dollar Project Crystal Land in Arizona, aiming to create an AI and robotics industrial complex in partnership with TSMC, marking a significant investment in cutting-edge technology.

Robotics Hardware Funding Geopolitics

Meta Fails $32 Billion Bid for AI Firm, Hires CEO and Takes Stake in Fund

Jun 19, 2025

CNBC

Meta's failed $32 billion bid for AI firm Safe Superintelligence leads to hiring its CEO Daniel Gross, former GitHub CEO Nat Friedman, and taking a stake in their venture fund NFDG.

Funding Business Foundation Models