Posted 2/22/2024, 12:00:47 PM
AI Funding Surges in February with Over $2.6B Invested, Including $1B for Moonshot AI and $320M for Lambda
- AI funding rebounded in February with over $2.6B invested so far, including multiple $100M+ rounds
- Moonshot AI raised over $1B in a round led by Alibaba and Sequoia China
- Lambda raised $320M at a $1.5B valuation for its AI cloud computing services
- Sierra raised $110M from Sequoia and Benchmark for its conversational AI tech
- Recogni raised $102M for its AI chips used in generative AI and automotive industries