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Open-Source AI: Replicate Raises $40 Million
2 minute read | December.19.2023
AI startup Replicate has raised $40 million in a Series B financing.
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Castelion – a ‘New Kind of Defense Manufacturing Company’ – Raises Initial Investment
1 minute read | October.10.2023
Defense manufacturing startup Castelion has emerged from stealth mode to announce $14.5 million in initial funding. Orrick represented Castelion.
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Databricks Acquires Generative AI Platform MosaicML for $1.3B
2 minute read | June.27.2023
Databricks has entered into a definitive agreement to acquire MosaicML, a leading generative AI platform for approximately $1.3 billion.
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Artificial Intelligence Safety and Research: Anthropic Raises $450 Million for ‘Helpful, Harmless and Honest’ AI Systems
2 minute read | June.05.2023
Anthropic, an artificial intelligence safety and research company, has raised $450 million to help develop helpful, harmless, and honest AI systems.
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Orrick Advises on Redwood Software’s Acquisition of Tidal Software
1 minute read | January.11.2023
We advised Turn/River Capital on the acquisition by one of its portfolio companies, Redwood Software, of Tidal Software.
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Orrick Advises GM/LG Energy Solutions JV in First-of-Its-Kind DOE Loan for Battery Cell Manufacturing
1 minute read | December.13.2022
We represented Ultium Cells LLC in connection with a $2.5 billion U.S. Department of Energy loan supporting battery cell manufacturing facilities.