AI Techno Byte

Grok’s image generator, Black Forest Labs, is raising $100M at a $1B valuation, say sources

admin7 months ago07 mins

While OpenAI pursues yet another monster fundraise, it is not stealing all the oxygen in the room: AI startups building promising foundational models can still open doors, and checkbooks. Multiple sources tell us that Black Forest Labs — a startup that’s building generative AI image models and came out of stealth two months ago with…

Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot

admin10 months ago09 mins

Paris has quickly established itself as a major European center for AI startups, and now another deal in the works could cement that position even further. Poolside.ai, a generative AI company based out of Paris that is building tools to speed up software development, is in the process of raising at least $400 million, on…