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Funding

All AI Pulse updates tagged "Funding".

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X.com10/16, 12:34Business

OpenAI Donates $5M to Simons Foundation Math Initiative

OpenAI is contributing $5 million to a new Simons Foundation initiative helping mathematicians examine, understand, and build on AI results, turning AI progress into deeper understanding and new discoveries.

X.com10/15, 15:16Business

Modal Hits $1B ARR, Raises $750M Series D at $15.75B

Modal announced it crossed $1B annualized run rate and raised a $750M Series D at a $15.75B valuation led by Accel. Usage has tripled since its Series C, growing over 15x year-over-year.

OpenAI09/29, 08:00Business

OpenAI Expands Support for Lenfest News AI Program

OpenAI is expanding the Lenfest AI Collaborative and Fellowship Program with $5 million in funding plus up to $5 million in software credits and engineering support.

X.com09/27, 22:02Business

OpenRouter Hits 10 Trillion Daily Tokens Serving 10M Developers

OpenRouter now consumes 10 trillion tokens daily serving 10 million developers. It once struggled to raise funding because VCs saw it as a mere wrapper — the author credits two breakout moments: the Sonnet 3.7 release and OpenClaw.