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Sara Viterbi

Swedish AI Infrastructure Startup Modal Achieves Unicorn Status with $87M Series B

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Swedish AI Infrastructure Startup Modal Achieves Unicorn Status with $87M Series B

Modal's Meteoric Rise: An AI Infrastructure Pioneer Modal, the innovative AI-native infrastructure startup, has recently catapulted into the spotlight with an exhilarating $87 million Series B funding round. This financial surge, led by Lux Capital alongside loyal existing investors, elevates Modal's total funding to $111 million

By Sara Viterbi • 3 min read

AI Robotics Startup Figure Secures $39 Billion Valuation Amidst Surging Investor Interest

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AI Robotics Startup Figure Secures $39 Billion Valuation Amidst Surging Investor Interest

In the world of high finance and innovative technology, Figure, an AI robotics company, has emerged as a dazzling star. Recently, it secured over $1 billion in committed capital during its Series C funding round, which catapulted its valuation to a staggering $39 billion. This remarkable achievement represents one of

By Sara Viterbi • 4 min read

Elon Musk Denies xAIs $10 Billion Fundraising Amidst Soaring Valuations in AI Race

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Elon Musk Denies xAIs $10 Billion Fundraising Amidst Soaring Valuations in AI Race

In the rapidly evolving world of artificial intelligence, few companies have captured the imagination and attention of investors quite like Elon Musk's xAI. This ambitious venture represents a bold leap into the future of AI technology, promising to reshape our understanding of what's possible in the

By Sara Viterbi • 4 min read