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OpenAI said to be considering developing its own AI chips

OpenAI said to be considering developing its own AI chips
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
October 10, 2023

What We're Reading

Trending Companies


Evo Security, an identity and access management (IAM) company focused on serving managed service providers (MSPs), managed security service providers (MSSPs), and their SMB and mid-market customers with a multi-factor authentication (MFA), single sign-on (SSO), privileged access management (PAM), and elevated access solution, raises $1MM Equity Funding from Strategic Cyber Ventures.

Identity Management • Austin, TX • Post-Money Valuation


Plenful, a healthcare technology company that provides an AI-powered platform, enabling workflow automation and optimizing communication for healthcare and pharmacy operations, ultimately enhancing efficiency and productivity, raises $9MM Equity Funding from Bessemer Venture Partners.

Artificial Intelligence • San Francisco, CA • Post-Money Valuation


Relocalize, a firm that develops autonomous micro-factory platforms for the food & beverage industry, raises $2.5MM Seed from i4 Capital.

Platform • Quebec, Canada


Amperon, a company that develops forecasting and analytics platform designed to deliver real-time energy data forecasts, raises $20MM Series B from Energize Capital.

Analytics • New York, NY • Post-Money Valuation


Osmoses, a company commercializing a novel membrane technology designed to deliver unprecedented efficiency and performance to purify gas molecules, raises $11MM Seed from Energy Capital Ventures.

Chemicals • Cambridge, MA • Post-Money Valuation


Cortica, a healthcare facility that treats autism and neurodevelopmental conditions, raises $40MM Series D from CVS Health Ventures.

Health Care • San Diego, CA • Post-Money Valuation


Reserv, a digital-native third party administrator (TPA) that develops and sells software to power the next generation of claims adjusters, raises $20MM Series A from Altai Ventures.

Claims Processing • Weston, CT • Post-Money Valuation


Lendbuzz, a company that developed an AI-based auto finance platform that helps consumers obtain fair access to credit when purchasing a car, raises $345MM Equity Funding from Group 1001.

Artificial Intelligence • Boston, MA • Post-Money Valuation


Peak Energy, a company that develops a giga-scale energy storage technology, raises $10MM Equity Funding from Eclipse.

Storage • Denver, CO • Post-Money Valuation


LANGaware, a company that developed a clinically validated AI solution for detecting cognitive and mental health using speech, raises $2MM Eleven Ventures.

Artificial Intelligence • Menlo Park, CA • Post-Money Valuation



Vyzer, a company that developed a digital-first, holistic platform designed to simplify and optimize wealth journey, raises $6.3MM Seed from iAngels.

Fintech • New York, NY • Post-Money Valuation


AHIMA acquires HCPro, a firm that offers education, training and consulting products and services intended for healthcare industry.

Consulting • Brentwood, TN • Deal


Creative Planning acquires Kistler-Tiffany Advisors, a firm that provides customized fee-based financial planning services to individuals and families.

Risk Management • Berwyn, PA • Deal


FSG acquires Lighting Management, a firm that offers lighting design and procurement, value engineering, project management, logistics, lighting supply and others.

Lighting • Valley Cottage, NY • Deal


Vista Equity Partners invests in TRG Screen, a provider of enterprise subscription management solutions, specializing in monitoring and managing subscription spend, usage, and compliance across the entire enterprise.

Enterprise Software • New York, NY • Deal


Great Day Improvements acquires K-Designers, a company that provides remodeling services.

Remodeling • Rancho Cordova, CA • Deal


Sun Life completes acquisition of Dialogue, a digital healthcare and wellness platform providing affordable and on-demand access to high-quality care.

Health Care • Quebec, Canada


VSS Capital Partners invests in Eximia Research Network, a company that provides a fully integrated clinical research sites network supporting the needs of the biopharmaceutical industry.

Clinical Services • Dover, DE • Deal


Aditi acquires Resolvit, a provider of information technology services.

IT Consulting • New Orleans, LA • Deal


US LBM acquires Manning Building Supplies, a lumber and building materials retailer.

Lumber & Timber • Jacksonville, FL • Deal

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