City Greenoak Financial News
25.05 / 16:45
09.04 / 00:43
markets
Provident
Target
Platform
Enterprise
cover
Updates
Kluisz rebrands as Nava, raises $21.7 million to build AI neocloud platform
₹180 crore, in a Series A funding round led by Greenoaks Capital, as investors bet on rising demand for artificial-intelligence (AI) computing infrastructure. Existing investors RTP Global and Unicorn India Ventures also participated.“Our larger ambitions entails now building a full stack new cloud platform,” said Abhinav Sinha, co-founder and chief executive at Nava (formerly Kluisz.ai), in an interview with Mint.
11.03 / 06:05
markets
UPS
Google
Platform
Software
Halliburton
AI unicorn Motive to hire 300 engineers in India for AI, product teams
Motive has announced that it will more than double its India headcount by strengthening its product, engineering and R&D teams. Over the next two years, the company plans to hire over 300 engineers and designers, including some in senior leadership roles, at its Bengaluru development centre, cofounder and chief executive Shoaib Makani told ET. Valued at nearly $2.85 billion during its last funding round in 2022, San Francisco-based Motive builds technology to help companies run their physical operations with AI tools.
28.10 / 18:03
Twitter
MET
Google
social
information
reports
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Artificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor, is more than quadrupling its valuation to $4.5 billion in a fresh funding round.
26.01 / 13:53
M&A
FTX
Investment
boost
FTX US Gets USD 400M Boost to Compete With Coinbase, Binance, Kraken & Co in US
The crypto exchange heavyweight FTX’s subsidiary FTX US raised USD 400m in a Series A investment round that it says values the firm at USD 8bn and adds fresh capital to compete with other American exchange rivals such as Coinbase, Binance US, and Kraken.
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