French accounting software startup Pennylane raised $204M led by TCV, a source says at a ~$4.25B valuation, with participation from Blackstone, DST, and others — Pennylane, a French startup that sells accounting software, has raised €175 million ($204 million) in a funding round led by growth equity investor TCV.
Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands — The timing couldn't have been more awkward for Thinking Machines Lab. — On Wednesday, during an all-hands meeting at the AI startup …
Sources: political appointees at the US CISA blocked Acting Director Madhu Gottumukkala's attempt to oust the agency's Chief Information Officer Robert Costello — The personnel spat began late last Thursday afternoon after Costello was given a so-called management-directed reassignment …
RunPod, an AI app hosting service launched four years ago that raised a $20M seed in May 2024, says it has reached a $120M annual revenue run rate — Runpod, an AI app hosting platform that launched four years ago, has hit a $120 million annual revenue run rate, founders Zhen Lu and Pardeep Singh tell TechCrunch.
Sources: Sequoia is planning a big investment in Anthropic, joining a round led by GIC and Coatue, which are investing $1.5B each; Anthropic aims to raise $25B+ — Silicon Valley investor to write first cheque for AI start-up after recent leadership overhaul
Q&A with SiFive co-founder Krste Asanović, who was part of the original team that developed RISC-V, on creating a company that builds IP around RISC-V, and more — Update: SiFive just announced today that it has partnered with NVIDIA for NVLink Fusion on RISC-V. It's a big step, and we'll be covering that separately.
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
