3 in Finance

11/22: Anthropic (San Francisco, CA), an artificial intelligence research company and OpenAI rival, raised $4B from Amazon. This deal further cements Amazon’s role as Anthropic’s main cloud partner. (Link)

11/15: Skydio (San Mateo, CA), developer of autonomous drones leveraged with computer vision technologies, raised a $170M extension round, adding on to the $230M Series E round which closed in February 2023. The deal was led by Linse Capital and places the company’s pre-money valuation at $2.1B. (Link)

11/11: Intelliswift (Newark, CA), developer of an AI-led automation framework, reached an agreement to be acquired by L&T Technology Services (NSE: LTTS) for $110M. (Link)

3 for Fun

Artificial Intelligence awarded two Nobel Prizes for innovations in medicine. (Link)

Nvidia unveils AI model that can modify voices and generate novel sounds. (Link)

UK government launches AI security research laboratory. (Link)

Big movers — month over month stock performance:

SoundHound AI gains 81%; Palantir gains 60%; C3.ai gains 49%

iRobot falls 20%; Veritone falls 9%; Qualcomm falls 4%