Sequoia Capital
Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat
Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma.
Island raises $175M
Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.
Harvey raises $80M
San Francisco, Calif.-based Harvey, a generative artificial intelligence startup specializing in legal services, has raised $80 million in a Series B funding round.
Postman acquires Akita Software
Postman has acquired Akita Software, a firm specializing in system behavior monitoring and observation. Financial details of the transaction were not disclosed.