Krystal Hu
Stories by Krystal Hu
Databricks nears record $9.5b VC raise from GIC, others
Thrive Capital, Andreessen Horowitz, and Insight Partners may participate.
Insight Partners sells $2b stake in cloud data firm Veeam at $15b valuation
The transaction was led by TPG with participation from Temasek, Neuberger Berman, and other investors.
OpenAI, rivals eye new techniques to amp up AI game
AI scientists are speaking out on the limitations of this “bigger is better” philosophy.
AI startup Sierra valued at $4.5b in funding round led by Greenoaks Capital
The company is also backed by Sequoia Capital and Benchmark.
Former OpenAI tech chief Murati said to be raising capital for new AI startup
Murati's new venture could raise over $100 million.
OpenAI seals $6.6b funding haul backed by Microsoft, Nvidia, others
The funding also attracted returning VCs including Thrive Capital, and Khosla Ventures.
OpenAI’s $150b valuation hinges on corporate restructuring, removing investors’ profit cap
The AI startup is said to be finalising a $6.5b round.
Vertical farming startup Plenty inks $680m JV with UAE’s Mawarid
The JV plans to build five farms in the region over the next five years.
AI deals lift US venture capital funding to highest level in two years
The latest figure shows a 47% jump from the $37.8 billion U.S. startups raised in Q1.
OpenAI buys database analytics startup Rockset in nine-figure stock deal
Rockset is backed by Greylock, Sequoia and HP Enterprise's VC arm.
