DeepMind co-founder Mustafa Suleyman Greylock Partners Inflection AI, the new artificial intelligence start-up from DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman, has secured $225 million in funding, according to a filing with the US Securities and Exchange Commission last week. The funding, first reported by TechCrunch, has been raised at an undisclosed valuation…
Tag: venture capital
Elon Musk has wrong approach to count fakes, spam on Twitter: experts
Tesla CEO Elon Musk sent Twitter shares tumbling on Friday when he said he was going to put his $44 billion acquisition of the social network “on hold” while he researched the proportion of fake and spam accounts on the platform. Though Musk later clarified that he remains committed to the deal, he continued to…
venture capital: To boost startup financing, government offers incentives to VC, PE funds
Mumbai: The government will let venture capital (VC) and private equity (PE) funds take a higher share of profit, earn more fees and go for a faster drawdown of the money they receive from the state’s fund of funds. The fund of funds for startups (FFS) was introduced in 2016, for contribution to various alternative…
Valiot’s AI Manufacturing Tech Promises Growth in Texas
AUSTIN, Texas, May 12, 2022 (GLOBE NEWSWIRE) — Valiot leaders and Texas government officials alike see the company’s AI-based value chain-oriented software as one that will bolster state growth, reshoring, and its overall GDP. Valiot CEO Federico Crespo and other members of his team met with Texas Secretary of State John Scott at the Texas…
Start-up investor Jason Calacanis raising millions for Twitter stake
Jason Calacanis Adam Jeffrey | CNBC Angel investor Jason Calacanis, an early backer of Uber and Robinhood, is seeking to raise tens of millions of dollars for a stake in Twitter as part of Elon Musk’s $44 billion agreement to buy the social media company. “We are now collecting interest to invest in Twitter with…
5 VC firms for early-stage startups in India
Over the last decade, the business landscape in India has seen startups across sectors mushrooming and blooming. New technologies, innovations and investments have left the ecosystem buzzing, creating employment and inspiring more entrepreneurs to make the big leap, and India is now the third startup ecosystem in the world after the US and China. The…