AI Legal Platform Harvey Raises $200M, Hits $11B Valuation
Harvey raised $200 million at an $11 billion valuation, highlighting investor demand for AI applications in specialized industries like legal services.
Harvey raised $200 million at an $11 billion valuation, highlighting investor demand for AI applications in specialized industries like legal services.
AI collaboration startup Cove is shutting down as its team joins Microsoft, signaling continued consolidation in the AI productivity tools market.
As OpenAI nears a $100 billion round and Anthropic closes a $30 billion raise, overlapping investors are challenging traditional venture capital norms around exclusivity and loyalty.
Former DeepMind researcher David Silver has raised $1 billion for London-based Ineffable Intelligence, aiming to build a superintelligence that learns autonomously through experience.
Voice AI startup ElevenLabs raised $500 million in a new funding round led by Sequoia Capital, tripling its valuation to $11 billion and signaling expansion beyond voice.
Anthropic raises its funding target to $20 billion, with investors including Sequoia, Singapore’s sovereign wealth fund, and Coatue, boosting its valuation to $350 billion.
Anthropic aims to raise $25B in a new round with Sequoia, GIC, and Coatue, reflecting soaring demand for AI and a $350B valuation for the Claude chatbot maker.