AI startups have raised over $1 billion this week, with CoreWeave leading the pack at $642 million. Other notable funding includes Assembly AI at $50 million, Sarvam AI at $41 million, Replicate at $40 million, AutogenAI at $39.5 million, Liquid AI at $37.6 million, Leonardo AI at $31 million, Rhythms at $26 million, EnCharge AI at $22.6 million, and Atomic Industries at $17 million. Rain AI, a developer of AI accelerator chips, has secured a significant commitment from OpenAI, with the latter intending to spend $51 million on Rain's brain-inspired chips. OpenAI's CEO, Sam Altman, has also made a personal investment in Rain AI.
Documents show that OpenAI signed a letter of intent to spend $51 million on brain-inspired chips developed by startup Rain. OpenAI CEO Sam Altman previously made a personal investment in Rain. https://t.co/GHtLO3hxvf
๐ค From this week's issue: Documents show that OpenAI signed a letter of intent to spend $51 million on brain-inspired chips developed by startup Rain. https://t.co/zySZqG0RgD
#OpenAI's commitment to purchase $51M in brain-inspired chips from Rain AI, backed by CEO Sam Altman, signifies a strategic leap in #AI hardware advancement.๐๐ค #Technology#AIInvestment #ArtificialIntelligence #Innovation #AIInvestments https://t.co/3acfeWsHD9
Meet Rain AI: AI Accelerator Chip's Developer that is Loved by OpenAI https://t.co/pG8Zs8g9Fj @Rain__AI #ArtificialIntelligence #hardware #MachineLearning #CHiPs #deeplearning
AI Startups raised $1+ billion this week Top 10: CoreWeave - $642M Assembly AI - $50M Sarvam AI - $41M Replicate - $40M AutogenAI - $39.5M Liquid AI - $37.6M Leonardo AI - $31M Rhythms - $26M EnCharge AI - $22.6M Atomic Industries - $17M Announcements in ๐งต https://t.co/2Mj2Z9G4DK