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After SpaceX, Cathie Wood Bets Big on Elon Musk's xAI
Thursday, May 8, 2025 - 3:11pm | 806Read More...Ark Invest CEO and Founder Cathie Wood is no stranger to loving companies that are founded and/or run by Elon Musk, with her early bets on Tesla, SpaceX and others. The Ark Venture Fund, which offers access to private companies, added to its stake in a Musk company during the first quarter. This is...
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Nvidia Partner Lambda Labs In Talks To Raise $800M To Expand AI Infrastructure And Meet Soaring Demand For GPUs And Cloud Services
Sunday, June 30, 2024 - 10:14pm | 619Read More...In a bid to capitalize on the surging demand for AI computing, Lambda Labs, a Silicon Valley startup, is in discussions to raise an additional $800 million. What Happened: The proposed funding would significantly boost the company’s valuation, placing it among the best-funded startups in...
