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The 10 Biggest Rounds Of November: xAI And Anthropic Raise Billions Again

Crunchbase News

While some things tend to slow as the year winds down, artificial intelligence fundraising apparently isn’t one of them. Last month, xAI and Anthropic raised a combined $9 billion as AI funding remained red-hot. Vista bought LogicMonitor in May 2018 for about $415 million. and AI product development.

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The Opportunities Costanoa Ventures Sees In Vertical AI 

Crunchbase News

Editor’s note: This article is part of an ongoing series in which Crunchbase News interviews active investors in artificial intelligence. Costanoa Ventures general partner, John Cowgill and founder Greg Sands To that end, we caught up with Costanoa Ventures founder Greg Sands and general partner John Cowgill.

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ChatGPT, the rise of generative AI

CIO

Over the last few months, both business and technology worlds alike have been abuzz about ChatGPT, and more than a few leaders are wondering what this AI advancement means for their organizations. It’s only one example of generative AI. GPT stands for generative pre-trained transformer. What is ChatGPT?

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The Week’s Biggest Funding Rounds: xAI And Anthropic Headline Big Week For AI (Again)

Crunchbase News

Of course, it was led by two well-known AI startups — including xAI , which had its second massive haul of cash in just six months. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a funding round valuing it at $50 billion, The Wall Street Journal reported.

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The 10 Biggest Rounds Of October: OpenAI’s Massive Deal Dwarfs All Others

Crunchbase News

OpenAI , $6.6B, artificial intelligence: OpenAI announced its long-awaited raise of $6.6 The new round is bigger than the $6 billion round Elon Musk ’s generative AI startup, xAI , officially announced in May, which up to this point was the largest round raised this year. Founded in 2018, the company has raised $1.2

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Agentic AI design: An architectural case study

CIO

Just a few short years ago, models like GPT-1 (2018) and GPT-2 (2019) barely registered a blip on anyone’s tech radar. Forrester, in their Predictions 2025: Artificial Intelligence report, predicted that three-quarters of companies that try to build AI agents in-house will fail. Don’t let that scare you off.

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Business AI will change the way businesses are run

CIO

Less than a year after most CIOs and business leaders even heard the expression “generative artificial intelligence,” for the first time, this technology has set off a wave of innovation that will dramatically change how businesses are run. In fact, we have been at the forefront of embedding AI into our solutions for years.