xAI And Anthropic Raise Billions Again

This is a monthly feature detailing the month’s top 10 funding rounds in the U.S. Check out October’s largest rounds here.

While some things tend to slow down over time, AI fundraising certainly isn’t one of them. last month, AI and Anthropic selection Artificial intelligence funding remains hot, with a total of $9 billion raised. Other areas, including IT management and robotics, also saw large funding rounds. Let’s take a look.

1. AI$5B, artificial intelligence: Generative artificial intelligence startup xAI raised US$5 billion in a round of financing, valuing it at US$50 billion. wall street journal the report said. The new round of financing valuation more than doubled the previous round valuation $6 billion in financing The company raised funding in May. Latest deals include from Qatar Investment Authority, Courage Equity Partners, Andreessen Horowitz and Sequoia Capital. when Musk-led xAI officially announced its long-awaited funding this spring, becoming the world’s second most valuable generative artificial intelligence company, behind only rivals Open artificial intelligence.

2. Anthropic selection$4B, artificial intelligence: Amazon Agreed to invest an additional $4 billion in Anthropic, another artificial intelligence startup Chat GPT Compete with its artificial intelligence assistant Claude. Last fall, Amazon agreed to invest Anthropic is worth $4 billion – Giving the Seattle-based e-commerce and cloud giant a minority stake in the company. The current investment amount is US$1.25 billion, with the remaining US$2.75 billion to be secured earlier this year. The transaction includes artificial naming Amazon Web Services It uses AWS Trainium and Inferentia chips to build, train and deploy its models. The new investment means Amazon will invest $8 billion in Anthropic and retain its minority stake in the startup, according to Anthropic. blog.

3. three hundred$1.3B, DevOps: Tricentis secures $1.3 billion investment from private equity firms GTCR The software testing startup is valued at $4.5 billion. According to the report, it is unclear whether this is a new stock or an existing stock, but it is currently included in the list. The Austin, Texas-based startup was founded in Austria in 2007. Insight Partners Acquired majority stake in 2017.

4. logic monitor$800 million, IT Management: LogicMonitor, which provides IT observability and monitoring services, secured $800 million in new equity and debt from a consortium of investors, including paris saint germain stock, Golub Capital and others. The transaction is Vista Equity Partners Selling a minority stake in the company, which is currently valued at approximately $2.4 billion. The IT infrastructure company said it will use the new cash to pursue mergers and acquisitions and enter new markets around the world. Vista acquired LogicMonitor in May 2018 for approximately $415 million.

5. Insider$500 million, digital marketing: Marketing technology platform Insider raises $500 million in Series E funding, led by General Atlantic Investment Group Funding its U.S. expansion and artificial intelligence product development. The latest funding round comes 18 months later A funding round last year brought its valuation to $1.9 billion. The New York-based company declined to disclose its valuation for the latest funding round. Insider was co-founded in Istanbul in 2012 and has raised $772.1 million from investors. Via Crunchbase. The company said its operations span 28 countries around the world, including the following well-known companies: Nike, Samsung, L’Oreal, Unilever, Allianz and disney among its customers.

6. physical intelligence$400 million, robotics: Physical Intelligence, a startup developing brains for a variety of robots, has raised US$400 million in financing Valued at US$2 billion, driven by Jeff Bezos, Lux Capital and Thrive Capital, According to the New York Times. The San Francisco-based company has raised $70 million in seed funding Valuation: approximately US$400 million Back in March. Physical Intelligence is the latest startup to use artificial intelligence to improve the way robots operate and create basic software that can be used for various robot models, rather than having to create separate operating software for each individual model. Investors — Bezos in particular — have made big bets on the intersection of robotics and the underlying software that augments artificial intelligence. Headquartered in Sunnyvale, Calif., Feb. DigitsThe company, which is developing artificial intelligence-enhanced robots that it hopes can perform dangerous jobs and alleviate labor shortages, raised a massive $675 million at a pre-money valuation of about $2 billion. This round of financing includes funding from NVIDIABezos’s Explore investments and others. July, based in Pittsburgh Skill Artificial Intelligence – Also developing brain models that can be used in a variety of robots and different tasks – Raised $300 million in Series A funding from coat, Lightspeed Venture Capital, SoftBank Group And Bezos, through his Bezos Adventure Tour. The financing values ​​the company at $1.5 billion. Overall, this is a A good year for funding for robotics startups.

7. white$300 million, cyber security: After proposing US$300 million Series C financing leader coat Data security startup Cyera, which was valued at $1.4 billion in April, received a windfall of $300 million last month, more than doubling its previous valuation. The New York-based company announced US$300 million in Series D financing leader accelerator and Sapphire Ventures The valuation is US$3 billion. As a cybersecurity company, Cyera is undoubtedly leading the artificial intelligence wave. The startup has an AI-powered data security platform that helps companies’ security teams understand what data they have, how it’s used, and how to protect it in complex digital environments. Of course, as companies push forward with artificial intelligence initiatives, the reliance on data will only become stronger. Founded in 2021, Cyera has raised $760 million to date, according to the company.

8. Want to know$250 million, food delivery: Mark LoreIts food delivery startup Wonder is not exempt from this list. It turns out to be here June 2022 This is the past again March. Last month, the company expanded again in a big way as part of its $650 million acquisition. grub hubraised an additional $250 million in funding from new, unnamed investors. For the acquired Grubhub, the deal price fell sharply Only takeout Financing in 2021 is $7.3 billion. Via Crunchbase.

9. Mesera$215 million, biotech: It was just April When the New York-based clinical-stage biopharmaceutical startup emerged from stealth to raise $290 million in funding, Gongchuang Investment Partner. The company did it again last month, raising a $215 million Series B round led by Venrock Healthcare Capital Partners and Wellington Management Company. The company is exploring medicines to treat obesity and metabolic diseases, including a range of oral and injectable incretins, non-incretins and combination therapies.

10. writer$200 million, artificial intelligence: San Francisco writer locks down a US$200 million Series C financing The company’s enterprise-focused generative artificial intelligence platform is valued at $1.9 billion. The new valuation is a nice boost from the company’s $500 million valuation. US$100 million in financing leader iconic growth last year. The new Series C round of financing was co-led by Iconiq. Investment Award and Radical Venture Capital. Writer’s platform is designed to help enterprises use large-scale language models to improve workflow and provide artificial intelligence solutions that can perform complex enterprise operations across systems and teams. The new funding will be used for the company’s rapid launch of artificial intelligence applications and workflow agents in healthcare, retail and financial services. Writer continues to expand its customer base to include such Accenture, L’Oreal and Uber.

Big global deals

The largest deals outside the United States came from Europe.

• Headquartered in Spain SekulaE-commerce payment solution, raised $429 million in venture capital.

methodology

We tracked the largest funding rounds raised by U.S. companies in November 2024 in the Crunchbase database. There may be a minor time delay.

Illustration: Dom Guzman