AI Startup Pinecone Valued at $750M
Pinecone, a startup whose platform supports AI software, has raised $100 million in a funding round in which Wing Venture Capital participated. Wing Venture Capital Partner Jake Flomenberg joins Caroline Hyde and Ed Ludlow for more. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with…
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The recent selloff in AI stocks has sparked fresh debate over whether more efficient models will reduce demand for chips and data centers. Advisers Capital Management’s JoAnne Feeney explains why she still sees long-term opportunities in AI infrastructure and why she’s more cautious on memory stocks like Micron. She joins Ed Ludlow on “Bloomberg Tech.”…
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2023 Gainer
April 29, 2023 at 1:40 am
AI Sector Surged in April…* AMST… Amesite AI.. 45 % Gain mth…* CXAI… 600 % Gains mth… * BFRG… Bullfrog AI.. Up 32 % mth… * GFAI… Guardforce AI… Up 118 % mth… Can the Bulls Keep Running AI in May. ?
posthocprior
April 30, 2023 at 6:08 pm
I work in the field. I didn’t understand the explanation of what Pinecone is.