Instacart has raised $265 million in a new financing round that values the grocery delivery company at $39 billion, the company announced . That valuation is more than double where it was valued in a fundraising last October. The fundraising, backed by existing investors including Andreessen Horowitz, Sequoia Capital and Fidelity Management, comes two months after Instacart hired a top...
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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