Google invests in Anthropic
In October 2023 Google invested $500 million in Anthropic and committed $1.5 billion more over time, later agreeing to another $1 billion and, in 2025, a Google Cloud TPU deal worth tens of billions of dollars.
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Amazon commits up to $4 billion to Anthropic
On 25 September 2023 Anthropic announced that Amazon would invest up to $4 billion for a minority stake. Amazon Web Services became Anthropic's primary cloud provider for mission-critical workloads.
Amazon agrees to invest up to $4 billion in Anthropic
On 25 September 2023 Amazon agreed to invest up to $4 billion in Anthropic and take a minority stake. AWS became Anthropic's primary cloud provider and gave Anthropic access to Trainium and Inferentia chips.
Databricks raises $500 million Series I at a $43 billion valuation
On 14 September 2023 Databricks raised more than $500 million in a Series I round at a $43 billion valuation, led by funds advised by T. Rowe Price, about two months after closing its roughly $1.3 billion MosaicML acquisition .
AI21 Labs closes $155 million Series C
On 31 August 2023, AI21 Labs announced a $155 million Series C round with Google and Nvidia among the new investors, bringing its total capital raised to $283 million at a reported $1.4 billion valuation.
Hugging Face raises $235 million at a $4.5 billion valuation
On 24 August 2023 Hugging Face raised a $235 million Series D led by Salesforce Ventures, valuing the open-model hub at $4.5 billion, more than double its 2022 valuation, with chipmakers and cloud providers among the investors.
Runway raises $141 million from Google, Nvidia and Salesforce
On 29 June 2023 Runway announced $141 million in new funding from Google, Nvidia and Salesforce, an extension of its Series C round that valued the company at about $1.5 billion.
Mistral AI raises a €105 million seed round
In June 2023 Mistral AI, founded two months earlier, raised €105 million in a seed round led by Lightspeed, reported as Europe's largest seed round, before it had released a product.
Microsoft announces a multibillion-dollar extension of its OpenAI partnership
On 23 January 2023 Microsoft announced a multiyear, multibillion-dollar extension of its OpenAI partnership, making Azure OpenAI's exclusive cloud for all OpenAI workloads.
Stability AI raises $101 million
On 17 October 2022 Stability AI announced $101 million in funding, led by Coatue, Lightspeed Venture Partners and O'Shaughnessy Ventures, to accelerate open AI models across several media.
Hugging Face raises $100 million at a $2 billion valuation
On 9 May 2022 Hugging Face announced a $100 million Series C round led by Lux Capital, valuing the company at $2 billion; the round was framed as building the GitHub of machine learning.
iFlytek lists on the Shenzhen Stock Exchange
On 12 May 2008 iFlytek, a speech-technology company founded by university students, listed on the Shenzhen Stock Exchange's SME board, becoming China's only listed intelligent-speech firm at the time after choosing the A-share market over Nasdaq.