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The Week’s Biggest Funding Rounds: Data Storage And Lots Of Biotech

Crunchbase News

Biotech- and healthcare-related startups led the way as those companies dominate the list, taking a vast majority of spots. Founded in 1998, DDN formerly called DataDirect Networks helps companies store, analyze and manage data a value commodity as more businesses look to create and train AI models.

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Biotech Boom: Executive Search Strategies in Life Sciences

N2Growth Blog

With the constant advancements in technology and research, businesses in this sector require leaders who possess a deep understanding of the scientific landscape and the business acumen to drive growth and innovation. One of the primary obstacles is the need for more highly skilled and qualified talent.

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The 10 Biggest Rounds Of January: Infinite Reality Tops Busy Month

Crunchbase News

Venture money wasnt concentrated in just one sector, as VCs invested in everything from artificial intelligence to biotech to energy. tied) Anthropic , $1B, artificial intelligence: Anthropic, a ChatGPT rival with its AI assistant Claude, is reportedly taking in a fresh $1 billion investment from previous investor Google.

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

Crunchbase News

Just as the holiday season begins, a sleighful of companies unveiled large funding rounds. 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. The $6 billion round valued the company at $24 billion post money.

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DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot

Crunchbase News

Founded in 1998, DDN formerly called DataDirect Networks helps companies store, analyze and manage data a value commodity as more businesses look to create and train AI models. In 2023, it partnered with Digital Realty to develop $7 billion in data centers targeting providers of online content, cloud services and artificial intelligence.

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Top 7 generative AI use cases for business

CIO

The launch of ChatGPT in November 2022 set off a generative AI gold rush, with companies scrambling to adopt the technology and demonstrate innovation. They have a couple of use cases that they’re pushing heavily on, but they are building up this portfolio of traditional machine learning and ‘predictive’ AI use cases as well.”

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Cathay Innovation Closes Third Fund At $1B, Looks For More Vertical AI Startups To Back

Crunchbase News

Cathay Innovation said Tuesday it has closed its Fund III at $1 billion and will continue to back AI startups in digital health, fintech, consumer technology, mobility and energy. San Francisco-based Cathay Innovation was launched in 2015 as the venture arm of Paris-based PE firm Cathay Capital.