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German AI defense startup Helsing raises $500 million at $4.5 billion valuation
German defense technology startup Helsing is in talks with Silicon Valley investors including Accel and Lightspeed Venture Partners to raise nearly $500 million at a valuation of $4.5 billion. The company would become one of Europe's most valuable artificial intelligence startups, demonstrating the growing interest of traditional venture capitalists in defense technology companies. Source note: Image generated by AI, image licensing service provider Midjourney Helsing was founded in 2021 and focuses on AI-based defense software...- 3.2k
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German AI translation startup DeepL valued at $2 billion
German AI translation startup DeepL recently announced a $300 million investment, bringing its valuation to $2 billion. DeepL is known for its powerful AI technology and has won over 100,000 paying customers. Jaroslaw Kutylowski, the company's founder and CEO, said that 2022 was the most transformational year for DeepL's development, proving that its AI language technology played a key role in helping global companies overcome complex language challenges. DeepL provides free online translation services in 32 languages, and also…- 2.7k
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In less than half a year, AI programmer Devin's team Cognition AI may be valued at $2 billion
In less than half a year, AI programmer Devin's parent company Cognition AI has soared to a valuation of $2 billion. The founding team has 10 IOI gold medals, showing strong strength. Source note: The image is generated by AI, and the image authorization service provider Midjourney. In contrast, other companies such as Perlexity AI and Mistral AI have only been valued at around $1 billion to $2 billion after years of development, showing the rapid rise and high valuation of Cognition AI...- 1.6k
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