Tech鈥檚 biggest software developers, chipmakers and hyperscalers have paid attention 鈥� and money 鈥� to AI for years, per Crunchbase data.
Venture
U.S. seed startups have been the least affected by the venture funding downturn, but these companies are competing in a more crowded field than ever.
With hourly and gig-based workers aplenty, it鈥檚 not surprising to see startups are scaling up to address the market.
The week can be summed up pretty succinctly by just saying AI and biotech.
The numbers don鈥檛 lie 鈥斅爋r in the very least they tell a clearer story than the prevalent 鈥淎I will save the world鈥� narrative.
Indonesia-based aquaculture startup eFishery raised $108 million in a Series D, launching the company into narwhal 鈥� uh, unicorn status.聽
Worldcoin developer Tools For Humanity 鈥� co-founded by OpenAI鈥檚 Sam Altman 鈥� raised a $115 million Series C led by Blockchain Capital.
Despite some recent debt rounds from well-known startups that garnered headlines, VC-backed startups in the U.S. have raised about $5.5 billion on...
Turkey-based AI marketing platform Insider locked up another $105 million and plans to use the new cash for M&A dealmaking.
ElevateBio, a Massachusetts-based gene therapy startup, announced $401 million in Series D funding.聽
![Illustration of man and robot looking at each other. [Dom Guzman]](/wp-content/uploads/AI_robotics_Facing-470x352.jpg)
Later-stage investment in AI is hopping with ChatGPT rival Anthropic's Series C and software development platform Builder.ai's Series D.
![Illustration of a guy watering plants with a blocked hose - Global [Dom Guzman]](/wp-content/uploads/quarterly-global-3-300x168.jpg)
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