[Updated December 18, 2024 with new details on Databricks] In 2024, AI-focused startups continued to dominate the funding landscape with industry leaders like OpenAI ($6.6B), xAI ($6B), and Anthropic ($4B) leading the pack. Adding to this trend, MLflow and data lakehouse pioneer Databricks recently secured a $10 billion funding round that was primarily equity-based, at…
R&D Market Pulse: NVIDIA hits $37.5B in revenue while UK regulators tap brakes on AI startup investment oversight
In a move signaling a more relaxed regulatory approach to the booming AI sector, UK regulators announced they would not investigate Google’s $2 billion investment in AI startup Anthropic. The move mirrors a similar decision regarding Amazon’s earlier $4 billion stake. This green light comes as Amazon doubles, bringing its total investment in Anthropic to…
This week in AI research: Amazon doubles Anthropic stake to $8B as industry debates scaling limits
Amazon recently doubled down on its Anthropic investment with an additional $4 billion, while NVIDIA reported another quarter of remarkable growth with sales hitting $35.1 billion. Meanwhile, a debate emerged at the Cerebral Valley AI Summit about whether AI development is hitting a scaling wall, with industry leaders like Anthropic’s Dario Amodei and Scale AI’s Alexandr…
Robots run the lab, biologists design the experiments
Parallel Bio’s head of technology shares a vision for faster, cheaper, and better biological research with human organoids. Ari Gesher, Parallel Bio’s new head of technology, may be new to biotech, but that’s not stopping him from thinking big about disrupting the status quo in biological research. The biotech startup is betting on automation and…
Where America’s STEM and R&D jobs are and what pays the most
While economic uncertainty and inflation continue to make headlines, the broader STEM job market remains resilient, channeling LL Cool J’s line: “Don’t call it a comeback, I’ve been here for years.” Yes, there have been a wave of layoffs in the tech sector in 2023 and 2024, but the demand for STEM and R&D talent…