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AI News

News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.

Latest News

6 articles

Industry

NVIDIA and Six Financial Giants Launch $500 Billion AI Infrastructure Financing Push

NVIDIA has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to launch independent financing platforms aimed at mobilizing over $500 billion in third-party capital for AI infrastructure. The initiative treats AI compute as an investable asset class, with financial institutions independently underwriting each opportunity. NVIDIA may provide residual-value support for up to 25% of a project, addressing concerns about circular financing.

Aug 129 minNeura News

Funding

NVIDIA Signs MOUs With Six Firms to Mobilize $500 Billion for AI Infrastructure

NVIDIA signed MOUs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create independent compute financing platforms, aiming to mobilize over $500 billion for AI infrastructure. The partnerships will treat NVIDIA's compute as an investable asset class, enabling cheaper capital for AI factory projects and supporting the DSX standardization initiative.

Aug 115 minNeura News

Funding

Anthropic Partners with Blackstone, Goldman on New AI Firm

Anthropic has partnered with Blackstone, Goldman Sachs, and other investors to launch a new firm that assists companies in integrating its AI model Claude. The venture includes $300 million each from Anthropic, Blackstone, and Hellman & Friedman, plus $150 million from Goldman Sachs. This move highlights growing Wall Street interest in AI amid competition and upcoming IPOs.

May 43 minNeura News

Product Launch

Anthropic Launches AI Services Firm for Claude Adoption

Anthropic teams up with Blackstone, Hellman & Friedman, and Goldman Sachs to start a new company that aids mid-market businesses in using Claude. Backed by General Atlantic, Apollo Global Management, and Sequoia Capital, it offers custom solutions with Anthropic engineers. This follows OpenAI's similar venture and highlights challenges in AI deployment beyond just providing the technology.

May 43 minNeura News

Industry

Anthropic and OpenAI Launch Enterprise AI Ventures

Anthropic revealed a joint venture for enterprise AI services with partners like Blackstone and Goldman Sachs, valued at $1.5 billion. Hours earlier, OpenAI announced plans for The Development Company, raising $4 billion at a $10 billion valuation. Both aim to deploy AI through preferred access to investors' companies and forward-deployed engineers.

May 43 minNeura News

Funding

Factory Raises $150M at $1.5B Valuation for AI Coding

Factory announced a $150 million funding round at a $1.5 billion valuation to develop AI agents for enterprise engineering teams. The investment, led by Khosla Ventures with Sequoia Capital, Insight Partners, and Blackstone participating, comes as AI-assisted coding dominates generative AI applications. Customers include Morgan Stanley, Ernst & Young, and Palo Alto Networks, with founder Matan Grinberg highlighting the ability to use multiple foundation models.

Apr 163 minNeura News