Topic: #startups
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Blacksmith reaches $1 billion valuation on $66 million Sequoia-led Series C
CI infrastructure startup Blacksmith is valued at $1 billion after a $66 million Series C led by Sequoia Capital, Fortune reported, about two months after a $45 million Series B at a $550 million valuation.
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Angel investor Zach Frankel's bets on rival AI startups draw scrutiny
Crypto Briefing reports that Miami-based solo angel Zach Frankel, an investor in Ramp and Cognition, also backs competing AI startups in a portfolio the outlet values at more than $185 billion combined.
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Nvidia takes minority stakes in four French AI startups, including Doctolib
Nvidia took minority stakes in Genesis AI, Pigment, Entalpic and Doctolib, Crypto Briefing reported, with CEO Jensen Huang announcing the deals in Paris. Financial terms, stake sizes and valuations weren't disclosed.
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Fry and Subramanyam launch bipartisan Innovators Caucus for small AI businesses
Reps. Russell Fry (R-SC) and Suhas Subramanyam (D-VA) formed the Innovators Caucus to champion small and medium-sized AI companies facing structural disadvantages against tech incumbents. The group backs legislation studying barriers to capital, talent, and regulatory clarity.