Tag: AI investment
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ElevenLabs Raises Funds from BlackRock, Foxx & Longoria
ElevenLabs secures top investors BlackRock, Jamie Foxx, and Eva Longoria, boosting growth with $500M ARR in the booming voice AI industry.
Anthropic Eyes $50B Funding at $900B Valuation
Anthropic plans a $50B funding round, boosting its valuation to $900B, aiming to expand AI research and compete with top industry players.
Meta’s AR/VR Losses Surge Amid Heavy AI Investment
Meta faces billions in AR/VR losses as it invests heavily in AI, raising concerns about the future profitability of its Reality Labs division.
Google Invests $40B in Anthropic for AI Innovation
Google commits up to $40B in cash and compute to Anthropic, boosting AI safety, research, and ethical AI development in a strategic partnership.
SpaceX’s $60B Buyout Offer Halts $2B AI Fundraise
SpaceX disrupts Cursor’s $2B AI funding with a $60B buyout, signaling a major shift in aerospace and AI industry partnerships.