Deep learning hardware provider Lambda Labs has rode the AI processing wave to staggering $320M funding round.
With an addition of 1.700 employees, this marks the largest-ever acquisition for the Stuttgart, Germany-based firm in terms of headcount.
Kore.ai, a provider of chatbots for customer support, raised a $150M round from FTV Capital, Vistara Growth, NextEquity Partners, NVIDIA, and others.
The acquisition provides significant French-language capabilities to the firm and adds to Qualfon's workforce of some 15,000 employees.
Focus, a social network that mixes crypto speculation, social media, and generative AI, raised a $200M round from Sequoia Capital, Social Capital, a16z, and Coinbase.
Fintech funding in the country fell by 36% year-over-year and suffered a free fall of 68% compared to 2021.
Shield AI, a developer of an AI fighter jet pilot and manufacturer of autonomous drones for surveillance and patrolling, raised a $100M round.
Yoti, a provider of identity verification solutions for multiple industries, raised a $15.8M convertible debt round from HSBC.
Lightmatter, an AI-based photonic microprocessors for supercomputers, raised a $155M round from Google Ventures and Viking Global Investors.
VAST Data, a data platform and storage solutions provider for deep learning and AI, raised a major $118M round from Fidelity Investments and others.
Braincube, a cloud-based IoT and data analytics for manufacturing business, raised a $87.7 million round from Bpifrance and Scottish Equity Partners