Synthetic-user startup Simile raises $200M at $2B valuation 5 months after $100M Series A | TechCrunch

Synthetic-user startup Simile raises $200M at $2B valuation 5 months after $100M Series A | TechCrunchtechcrunch.com

Synthetic-user startup Simile raises $200M at $2B valuation 5 months after $100M Series A | TechCrunchtechcrunch.com
Big Tech has been pouring billions of dollars into AI data centers and computing power as demand continues to outstrip supply.

This article first appeared on GuruFocus. TeraWulf (NASDAQ:WULF) shares surged about 20% on Thursday after the digital infrastructure company signed a 20-year lease with artificial intelligence startup Anthropic for its Justified Data campus in Kentucky. The …

Meta is using AI to quickly launch apps, and more are on the way. During this week’s second-quarter earnings call, Meta CEO Mark Zuckerberg said the social giant has new apps in the works, following a recent spate of other launches that included an app for Ma…
The highflying hedge fund run by Leopold Aschenbrenner is in crisis mode after AI-related bets sank Situational Awareness, the once-highflying AI-focused hedge fund, sold the bulk of its stock portfolio to Ken Griffin’s investment firm Citadel after suffering…