Agreement between Claude chatbot maker and one of its largest investors will add to start-up’s computing firepower
Microsoft-backed start-up fell into insolvency soon after prosecutors asked for documents around its finances
ChatGPT maker has boundless ambition, but how much can it achieve before suffering a serious case of indigestion?
Unprecedented funding leads 10 groups including OpenAI and Elon Musk’s xAI to gain almost $1tn in value in past year
Concern mounts that not all newcomers to the sector since Russia’s full-scale invasion of Ukraine will survive
Microsoft, OpenAI’s staff and non-profit arm are due close to 90% of start-up. But Nvidia deal will dilute shareholders
Venture capital funds close to raising $1.1bn this year in first signs of thaw for sector hit by geopolitical tensions
Revolut backer Balderton Capital says continent needs to accelerate development of space and defence industry
UK innovators too often have to find capital in the US — the quid pro quo is often jobs and facilities there instead of here
Swedish start-ups show dilemma over choosing between selling up or betting on becoming huge
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Expeditions says second fund on track to close at €150mn by end of year, compared with €15mn for the first one
Black Forest Labs explores raising between $200mn and $300mn
But a technology that uses past data to predict the future might not be reliable at identifying mega-profitable outliers
Sequoia, NEA and Nvidia invest $50mn in Factory in bet software engineering will be critical application for the tech
Founder Carl Pei says new funding will allow start-up to design AI devices
Fintech lured investors with progressive causes but now faces scrutiny over payments to basketball star
Russia’s war in Ukraine and fears over US security relationship drive wave of VC funding
Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown
The software promises to handle ever more complex jobs autonomously and fast. But legal teams are cautious
Claude chatbot maker raises $13bn as investors pile in to artificial intelligence groups
Commonwealth Fusion Systems wins backing from investors including Nvidia and Morgan Stanley
Strong interest on back of group’s recent $200mn raising signals investor ‘vibe-coding’ frenzy
UK start-up that targets parents looking for alternatives to smartphones expects to turn profit for the first time
Head of venture capital firm talks about trusting founders’ intuition during a bubble, and the threat of mass job losses