Tag: #expansion35 results
Corgi, a Y Combinator-backed AI-native insurance carrier, closed a $160M Series B round led by TCV at a $1.3B valuation, just four months after its $630M Series A. The funding will drive expansion from startup insurance into trucking, leveraging AI for faster quoting and risk modeling.
Google DeepMind is launching its first AI campus worldwide in Seoul, set to be operational this year. CEO Demis Hassabis signed an MOU with South Korea's Ministry of Science and ICT after meeting President Lee Jae Myung. At least 10 engineers from US headquarters will be dispatched.
Helsinki-based Verda, formerly DataCrunch, raised $117 million to expand its GPU cloud from Nordics to US, UK, and Asia. The company is cash-flow positive, holds Nvidia Preferred Partner status, and plans to hire over 100 people this year. Backers include Lifeline Ventures and Nordic lenders.
Pudu Robotics has secured nearly $140 million in funding, pushing its valuation past $1.4 billion. The company is accelerating global expansion by opening a new U.S. headquarters in Dallas. This supports their embodied AI ambitions in robotics.
Tesla has extended its Robotaxi autonomous ride-hailing service to two new U.S. cities: Dallas and Houston. This expansion marks further rollout of Tesla's driverless taxi operations beyond initial test markets. It demonstrates progress in scaling full self-driving technology for commercial use.
OpenAI has hired Kiran Mani, CEO of Indian streaming platform JioStar, for a new role leading Asia-Pacific operations. This executive appointment aims to bolster OpenAI's expansion in the region.
OpenAI plans to nearly double its headcount by the end of 2026. This expansion aims to counter competition from Anthropic and Google. The information comes from a Financial Times report.
Legal AI startup Legora has secured $550 million in funding to support its expansion into the US market. CEO Max Junestrand predicts that AI adoption will force the legal industry to rethink client billing models. He shared these insights and expansion plans during a Bloomberg Tech interview.
Waymo, Alphabet's autonomous driving unit, has launched public robotaxi service in Dallas, Houston, San Antonio, and Orlando. This expansion increases its US operating cities to 10. Service starts with app invites from Tuesday, scaling to open access for all users.
Haitian Ruisheng has established a new subsidiary, Jinhua Ruitian Data Intelligence Technology, to focus on technical services, software sales, and information system integration.