The VectorFunding5d ago
OpenAI Layers Ads and Venture Capital onto Its Platform Model
OpenAI is launching ads on ChatGPT's free and Go tiers in India, where it claims more than 100 million weekly active users . In the same week, a SEC filing shows the company is dedicating approximately $400 million to a second startup fund…
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Funding4d ago
a16z Bets $1.1B on AI Hardware With New Machine Age Fund
Andreessen Horowitz has raised $1.1 billion for a new fund called Machine Age, dedicated to the physical infrastructure underpinning artificial intelligence . The fund marks a departure from the venture firm's traditional emphasis on softw…
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Funding4d ago
Lambda Raises $1B in Private Debt to Buy Nvidia GPUs for Microsoft Lease
Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., has raised approximately $1 billion in private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased to Microsoft . The deal routes capital from pr…
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