Phare Bio, in collaboration with the Collins Lab at MIT and Wyss Institute, has been awarded up to $27 million in funding from ARPAH to enhance their generative artificial intelligence discovery platform and produce new classes of antibiotics. The funding will enable Phare Bio to add clinical precision to their AI platform, develop specific antibiotics,…
Pagaya Technologies LTD. (NASDAQ: PGY) announced that its subsidiary, Pagaya US Holding Company LLC, plans to offer $125 million in exchangeable senior notes due 2029 to qualified institutional buyers. The notes will be senior, unsecured obligations of Pagaya US and guaranteed by Pagaya. The proceeds will be used to repay secured borrowing under repurchase agreements,…
Snowflake Inc., a leading AI Data Cloud Company, has announced its intention to offer $1.0 billion aggregate principal amount of Convertible Senior
Intezer, a leader in AIpowered technology for autonomous security operations, announced the successful completion of a $33 million Series C funding round. The funding brings their total capital raised to $60 million and will enable the company to further develop its AIbased security operations solution. The investment round was led by Norwest Venture Partners, with…
Glean, an Enterprise AI leader, has secured over $260 million in a Series E funding round at a valuation of $4.6 billion. The funding aims to support the companys growing demand for its Work AI platform, which is designed to help automate complex workflows and accelerate AI adoption in the workplace. The round was coled…
InMobi, a global consumer technology company known for transforming how consumers engage with mobile devices and brands, has announced the closing of a $100 million debt financing agreement from MARS Growth Capital. The funding aims to advance InMobis artificial intelligence (AI) development and deployment efforts, as well as potential AIfocused acquisitions. InMobi has a strong…
Nimble Gravity LLC has successfully completed the acquisition of iGerencia, a Colombian data consultancy specializing in Artificial Intelligence, Machine Learning, Process Automation, Data Engineering, and Data Analysis. This strategic acquisition significantly enhances Nimble Gravitys ability to provide cuttingedge data and AI solutions while expanding its presence across Colombia, Central America, and the Caribbean. The transaction…
Noetik is an AInative biotech company leveraging selfsupervised machine learning and highthroughput spatial data to develop nextgeneration cancer therapeutics. The funding from the $40 million Series A financing round will be used to expand Noetiks spatial omicsbased atlas of human cancer biology and scale the training of its multimodal cancer foundation models such as OCTO….
Magnetar, a leading alternative asset manager, has successfully closed the Magnetar AI Ventures Fund LP, a $235 million venture fund focused on earlytogrowth stage companies advancing the generative AI revolution. The fund will target companies operating across the AI stack and modalities, with a focus on differentiated technology, strong management teams, and proven business traction….
Viggle AI, a Canadian startup specializing in character animation through generative artificial intelligence, has secured $19 million USD in Series A funding. The funding round was led by Andreessen Horowitz, with additional participation from Two Small Fish. The investment will enable Viggle AI to scale its operations, accelerate product development, expand its team, and cement…