We highlight notable generative AI deals, partnerships, and big tech activity in August 2024.
The content below was curated by our experts using CBI Instant Insights, a one-click AI analysis and summarization tool. Click on company profiles for more details and sourcing information.
NOTABLE DEALS
Moonshot | $300M Series B-II at $3.3B valuation
- Moonshot AI is a China-based startup developing large language models (LLMs) and consumer-facing AI applications.
- Moonshot AI is part of what some call the “Six Little Dragons” — a group of fast-growing Chinese AI firms competing to replicate OpenAI’s success in China.
- Round investors: Alibaba Cloud, Gaorong Capital, and 2 more
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