Applied AI
Permanent Capital Ventures Raises $200M to Scale Applied AI Companies
A startup can find product-market fit and still break on the way to becoming a company. The first customers may come through founder obsession, personal networks and a willingness to sit inside every deal. The next hundred customers require something less romantic: hiring, segmentation, forecasting, revenue operations and a sales process that still works when […]
A 5-Month-Old Startup Just Raised $200M to Simulate All 8 Billion People on Earth
Simile, a simulation-AI company just five months old, has raised over $200 million at a $2 billion post-money valuation to build a foundation model for human behavior, one it says will eventually simulate all eight billion people on Earth. The round was led by Greenoaks, with Index Ventures doubling down and returning investors Hanabi, Bain […]