June 23, 2025 News
Databricks Co-founder Launches $100M AI Research Institute to Guide Beneficial AI Development
June 23, 2025 20:30
Andy Konwinski, co-founder of Databricks and Perplexity, announced the creation of Laude Institute with a $100 million personal pledge to fund independent AI research. The institute will operate as a hybrid nonprofit/for...
Legal AI Startup Harvey Reaches $5B Valuation with Rapid Revenue Growth
June 23, 2025 18:03
Harvey AI, a startup providing AI automation for legal work, raised $300 million at a $5 billion valuation just four months after its previous $3 billion round. The company is expanding rapidly with 340 employees, plans...