NVIDIA, AMD, and Intel participate in funding; AI startup Hark completes $700 million financing

Mars Finance News: On May 22, the AI startup Hark, founded by Brett Adcock of Figure, announced the completion of a $700 million Series A funding round, valuing the company at $6 billion.
This round was led by Parkway Venture Capital, with participation from NVIDIA, AMD Ventures, Intel Capital, and others.
The funds will be used to expand GPU infrastructure, accelerate the development of future AI models, and design and build next-generation AI hardware. (Venture Capitalists CLUB)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • 1
  • Share
Comment
Add a comment
Add a comment
OldKeycapTrader
· 4h ago
700 million Series A, burning money without blinking an eye
View OriginalReply0
GateUser-665eb149
· 4h ago
Intel Ventures is also involved, the veteran chip manufacturer’s anxiety is written all over their face.
View OriginalReply0
VinylRecordStaking
· 5h ago
This funding amount and valuation are putting pressure on AI stocks in the secondary market.
View OriginalReply0
MemeSourdough
· 5h ago
Chip manufacturers are collectively betting, it seems AI infrastructure still has big stories to tell
View OriginalReply0
CoconutWaterChillSquad
· 5h ago
From humanoid robots to AI infrastructure, Adcock's ambitions are quite significant
View OriginalReply0
TeaAndSlippage
· 5h ago
Series A is just 6 billion, I can't imagine how much Series B and C will be later.
View OriginalReply0
DaoAfterparty
· 5h ago
Brett Adcock from Figure to Hark, betting on the rhythm of AI hardware
View OriginalReply0
MildRugAllergy
· 5h ago
Parkway leads the investment, with the three major chip giants co-investing; this setup is fully optimized.
View OriginalReply0
  • Pinned