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Rebecca Torrence on Muck Rack

Rebecca Torrence

Verified
New York
As seen in: Bloomberg News, MSN, MSN Philippines, Yahoo Life, Business Insider, ETTelecom, Yahoo Canada, Yahoo News, Aol, Los Angeles Times, Yahoo Finance and
Writing about startups and venture capital for Bloomberg @business. Let’s chat on Signal: rebeccatorrence.25
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Articles

AI Startup Cognition Set to Raise Around $1 Billion at a $47 Billion Value Original

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By Rebecca Torrence Verified, Edward Ludlow
| Bloomberg News Verified
Photographer: Andrey Rudakov/Bloomberg (Bloomberg) -- Artificial intelligence coding startup Cognition AI Inc. is set to close a new round of funding that would vault its valuation to about $47 billion, according to people familiar with the efforts. The company is raising around $1 billion in its latest haul, said the people, who asked not to be identified because the information is private.
Open in Who Shared View Duplicates (6) Issue with article?

AI Cloud Firm Lambda in Talks for $3 Billion Pre-IPO Round Original

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By Bailey Lipschultz Verified, Natasha Mascarenhas Verified, Rebecca Torrence Verified
| Bloomberg News Verified
Photographer: Nikolas Kokovlis/NurPhoto/Getty Images (Bloomberg) -- Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is in talks to raise as much as $3 billion in a round that could tee it up to go public next year, according to people familiar with the efforts.
Open in Who Shared View Duplicates (5) Issue with article?

Nvidia to Pay Poolside a $6 Billion License, Tap Startup’s Staff Original

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By Benoît Berthelot Verified, Rebecca Torrence Verified, Ian King Verified
| Yahoo Finance Verified
(Bloomberg) -- Nvidia Corp. has agreed to pay $6 billion to license artificial intelligence models from Poolside and will extend job offers to more than 100 employees, according to people familiar with the situation.
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