OpenAI Competitor Mistral AI Nabs $487M Round, Hitting $2B Valuation
AI startups apparently are going to end the year the same way they began it — raising huge amounts of cash. Paris-based Mistral AI, an OpenAI and Anthropic competitor, is putting
Sapphire Ventures On Its Billion-Dollar Commitment To AI
Editor’s note: This is part of a series in which we interview active investors in artificial intelligence. Previous interviews were with investors at General Catalyst, Bessemer V
The AI Bubble Will Burst: Here’s How To Limit Your Exposure
By Dan Gray With every new wave of technology, there is a corresponding bubble in private markets. Entrepreneurs join the gold rush, chasing the edge offered by innovation, and inv
The Week’s 10 Biggest Funding Rounds: X.AI And Seismic Therapeutics Lead Surprisingly Big Week
Want to keep track of the largest startup funding deals in 2023 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals
Forget Growth At All Costs: How To Drive Efficient Growth With Compensation
By Mark Schopmeyer The “growth at all costs” mindset is a thing of the past. The volatility of the market in recent years has forced most businesses to think about more sustain
The Fintech Sector Trotted The Most New Unicorns Onto Our Board In November
Only nine companies joined The Crunchbase Unicorn Board in November, together adding $11.7 billion in value to the board, amid a slower funding environment for startups. Financial
In 2023, Even Big Startup Exits Come With Markdowns
Generally speaking, when a startup gets acquired by a big company or goes public at a valuation over a billion dollars, prior backers at all stages come out ahead. This year, howev
5 Key Areas For ‘Hard-Task’ AI To Conquer
By Bob Rosin We hurtle down the highway, well above the speed limit, moving easily over the smooth road, trusting our Tesla’s Autopilot to handle the slight bends as they come. B
Vast Data Closes $118M Series E, More Than Doubles Valuation
AI data platform startup Vast Data raised a $118 million Series E led by Fidelity Management and Research Co., jumping the company’s valuation to $9.1 billion. The new valuation
Most Active US Investors: General Catalyst Leads The Way In November
This is a monthly feature that runs down some of the most active investors in U.S.-based companies, looks at some of their most interesting investments, and includes some odds and
