2023 Cloud 100 By The Numbers: Market Pullback, AI Reshuffles The Ranks Of Cloud’s Elite Players
After every company on the 2022 list increased headcount, this year’s list has seen company sizes splinter in each direction.| Forbes
After every company on the 2022 list increased headcount, this year’s list has seen company sizes splinter in each direction.| Forbes
Seven of 16 newcomers to Forbes’ annual Cloud 100 list are AI companies. More than half of Cloud 100 companies say they have launched a generative AI feature in the last eight months.| Forbes
Alex Rives, the research lead of Meta’s former AI protein team, is interim CEO for new startup EvolutionaryScale, which is developing biological large language models.| Forbes
Unpaid bills, bungled contracts and a disastrous meeting with Nvidia's kingmaker CEO. Inside the stunning downfall of Emad Mostaque.| Forbes
The funding for Runway, one of two startups behind popular text-to-image tool Stable Diffusion, is the latest indication that generative AI has become a rare oasis as VC dries up.| Forbes
Stability AI’s open source text-to-image generator was released to the general public in late August. It has already accumulated massive community goodwill — and controversy over how it’s been used by individuals on websites like 4chan.| Forbes
With new funding that values it at $1 billion, the year-old company already counts Microsoft, Nvidia and Workday as strategic partners.| Forbes
Cyrus Hodes alleges that Mostaque, the CEO, “fraudulently cheated” him out of a stake that within months was worth $150 million on an undiluted basis.| Forbes
Stability AI became a $1 billion company with the help of a viral AI text-to-image generator and some misleading claims from founder Emad Mostaque.| Forbes
He briefly became the world’s youngest self-made billionaire by supplying AI companies with the one thing they all need: humans. Hundreds of thousands of them. Now Wang’s $7.3 billion startup Scale AI is primed to cash in on the biggest AI boom yet—unless someone else can do it better or cheaper.| Forbes
The unicorn AI startup is bringing bots that make it sound like you’re talking to well known people like Taylor Swift into interactions with friends.| Forbes
The funding round, which sources say will be led by existing investors Lightspeed and GIC, is expected to maintain the same valuation that Grafana secured two years ago.| Forbes
The startup has raised $30 million, quadrupling its valuation to $200 million, signaling investors’ interest in enterprise AI tools that aren’t generative in nature.| Forbes
Vogt, who resigned from the self-driving car company amid a crisis just six months ago, landed a $550 million valuation for a new company which wants to sell robots for personal uses like cleaning your house.| Forbes
This year’s AI 50 list shows that artificial intelligence is helping companies achieve more with less: the median headcount for an AI 50 startup was 89 employees, down from 150 last year.| Forbes
Notion cofounder Ivan Zhao captivated Silicon Valley investors and everyday consumers alike with a sleek productivity app that went so viral its servers crashed. Now, the profitable startup’s CEO sees a rare opening to break Microsoft and Google’s dominance in the workplace by going early and aggressive on AI.| Forbes
The list is compiled in collaboration with data partners Sequoia and Meritech Capital.| Forbes
Mostaque has told a number of people close to him that he plans to step down as chief executive of the once buzzy generative AI startup known for Stable Diffusion.| Forbes
The new generative AI tool is built on top of OpenAI’s GPT-4 and Anthropic’s Claude 2.| Forbes
Founded in April, the four-person startup is already valued by venture capitalists at more than $200 million.| Forbes
