The article also highlights recent eight-figure investments in AI startups, including Rohirrim's $15 million funding for generative AI for enterprise, Atomic Industries' $17 million for AI tuned for industrial production, and Assembly AI's $50 million round for AI speech models. These investments, all made in December, underscore the ongoing frenzy to invest in AI startups.
Key takeaways:
- U.S.-based GPU compute provider CoreWeave closed a massive $642 million round in a secondary transaction, reflecting the high investor interest in AI-related startups.
- German AI company Aleph Alpha closed a $500 million Series B in November, and France’s Mistral AI is currently tipped to be closing in on €450 million at a €2 billion valuation.
- OpenAI’s in-process secondary transaction could go through at a valuation of nearly $90 billion.
- Other recent AI funding events include Rohirrim raising $15 million, Atomic Industries raising $17 million, and Assembly AI closing a $50 million round.