Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
GetDeal Team
Contributor
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.
Related Articles
Anthropic launches free AI security scans for open-source projects
Anthropic's offering to help open-source projects track down security vulnerabilities with a new service called OSS Scanner. It says open-source projects that opt-in will get "thorough, periodic security scans by our strongest models at no cost." That could mean open-source projects get alerted about possible security issues sooner, but the trade-off is that OSS Scanner's reports don't come with human review: The outputs of this opt-in vulnerability scanner will be fully model-generated, without human review or triage. This will enable faster and more frequent scanning, but means that it is possible reports will be incorrect or invalid. Th … Read the full story at The Verge.
Popular AI leaderboard Arena nearly doubles valuation to $3.1B valuation in 10 months
The company behind the popular LMArena leaderboard has raised $200 million led by Lightspeed and Khosla, and is now measuring AI models on alignment issues such as lying.
OpenAI’s revenue is reportedly $20 billion less than previously projected
It had previously been reported that the AI lab's annualized revenue was some $70 billion, but a new report claims it's a whole lot less than that.