News with the tag "VENTURE CAPITAL"

South Korea has officially recognized cryptocurrency firms as venture businesses, granting them access to government support and fostering growth in the digital asset sector.

LangChain is nearing a billion-dollar valuation due to its rapid growth, strategic pivots in AI infrastructure, and strong investor confidence in the future of AI and LLM applications.

Genesis AI, a new robotics AI company, has secured $105 million in seed funding to develop universal AI models for versatile robotic systems using synthetic data and proprietary simulation technology.

AI consulting is poised to disrupt the $5 trillion professional services market by automating repetitive tasks, enabling outcome-based pricing, and creating new business models with higher profit margins.