Thinking Machines Lab Sets Record with $2 Billion Seed Round, Crusoe Secures $1.38 Billion

Recently Closed Funding Rounds

• Crusoe Energy Systems
  Funding Amount: $1.38 billion
  Description: Crusoe, an AI data center developer, secured substantial financing to support its operations and growth in the AI infrastructure sector.
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• Mercor
  Funding Amount: $350 million (Series C)
  Description: AI hiring startup Mercor raised this funding to enhance its recruitment technologies.
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• Apptronik
  Funding Amount: $400 million
  Description: This San Francisco startup focuses on integrating general-purpose AI into physical applications and raised significant funds to advance its mission.
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• Thinking Machines Lab
  Funding Amount: $2 billion
  Description: Founded by Mira Murati, this startup set a record for seed round size with its latest funding.
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• Giotto.ai
  Funding Amount: Over $200 million (upcoming round)
  Description: Giotto.ai is positioning itself in the AGI race and aims for a valuation surpassing $1 billion.
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Startups Currently Raising Funds

• Figure
  Funding Amount: $1.5 billion (Series C)
  Description: Backed by OpenAI, Nvidia, and Microsoft, Figure is reportedly in talks to raise this amount to further develop its humanoid robots.
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• LayerX
  Funding Amount: $100 million (Series B)
  Description: LayerX is raising funds to expand its AI platform that automates enterprise back-office functions.
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• Camera Intelligence
  Funding Amount: Undisclosed
  Description: This startup plans to roll out LLM features for iOS users, aiming to democratize professional content creation.
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Summary

The AI startup funding landscape remains highly active, with significant rounds closed by Crusoe Energy Systems and Mercor among others. Startups like Figure and LayerX are also in the process of raising substantial funds, indicating ongoing investor confidence in AI technologies and their applications across various sectors.