DMR News

Advancing Digital Conversations

Yasmeeta Oon

Just a girl trying to break into the world of journalism, constantly on the hunt for the next big story to share.
  • Home
  • Kyron Learning raises $14.6 million to support the growth of its conversational AI technology.

Kyron Learning raises $14.6 million to support the growth of its conversational AI technology.

Today, Kyron Learning, a startup specializing in AI-driven education, unveiled a significant financial boost with a $14.6 million Series A funding round, along with an $850,000 grant from the Bill…

Analysis of Scalestack’s $1 million AI sales technology seed pitch deck

AI is pervasive, and unsurprisingly, sales teams are among the early adopters. Thus, it came as no surprise to witness Scalestack secure a $1 million investment to simplify the lives…

Within Apple’s semiconductor laboratory, where the most significant transformation within the company in decades is taking place.

Over the past two decades, Apple’s stock price has experienced remarkable growth, primarily fueled by its iconic consumer devices. This journey began with the introduction of the iPod and iMac,…

ChatGPT’s mobile apps celebrate their first anniversary with 110M installs and nearly $30M in revenue

One year has officially passed since the launch of ChatGPT, which made a significant impact on the world as the research preview evolved into an everyday tool, bringing AI chatbot…

DeepMind’s AI for materials research has already unveiled a staggering 2.2 million novel crystals.

Google DeepMind and Lawrence Berkeley National Laboratory have made a groundbreaking scientific announcement today, unveiling their remarkable achievement in creating a novel AI system named GNoME. This innovative AI system…

Nvidia introduces the latest Retriever, DGX Cloud, and Project Ceiba supercomputer to the AWS platform.

Nvidia and Amazon Web Services (AWS) are strengthening their strategic partnership with a series of major announcements at the AWS re:Invent conference. During the event, Nvidia is unveiling a groundbreaking…

Hololight secures $12 million in funding for its XR streaming software.

Hololight, a software company specializing in AR and VR solutions for enterprises, has secured $12 million in funding to accelerate the development of its XR streaming platform, known as Hololight…

iRobot’s stock surged by 39% following news of EU approval for its Amazon deal.

iRobot, the manufacturer of Roomba vacuums, saw its stock price rise by approximately 39% on Friday in response to news that the European Union is poised to give its approval…

Nvidia’s earnings surge threefold as the AI chip industry experiences sustained growth.

Nvidia saw a 1% decline in its stock price during after-hours trading on Tuesday, despite reporting fiscal third-quarter results that exceeded Wall Street’s expectations. The company attributed the anticipated negative…

Expanso Secures $7.5 Million in Funding to Lead the Way in Distributed Data Processing Solutions for Enterprises

Modern businesses rely on data, which is often a complex process to harness effectively. Companies must navigate numerous steps to maximize the value of data from various sources. As data…

AI21 secures an additional $53 million in funding to compete with OpenAI in the enterprise generative AI space.

AI21, a company in direct competition with OpenAI in providing generative AI systems for enterprise clients, has strategically chosen this moment to announce a substantial increase in funding. While OpenAI…

Microsoft emerges as the primary beneficiary amidst the OpenAI controversy

OpenAI finds itself in a state of upheaval, marked by the sudden removal of former CEO Sam Altman in a surprising board decision. The exact reasons behind Altman’s dismissal remain…

Google DeepMind pioneers cutting-edge video analysis with ‘Mirasol3B.’

Google DeepMind has quietly unveiled a significant advancement in their artificial intelligence (AI) research. On Tuesday, they introduced a novel autoregressive model with the aim of enhancing the comprehension of…

Kairoswealth, the Artificial Intelligence-powered wealth platform, secures a $25 million investment from Mount Row Partners.

In a bold move aimed at revolutionizing the wealth management industry, Mount Row Partners has unveiled a substantial $25 million investment in Kairoswealth, a Singapore-based platform harnessing the power of…

Nvidia unveils the H200, a formidable GPU powerhouse designed to accelerate ChatGPT through AI processing.

Nvidia unveiled the HGX H200 Tensor Core GPU on Monday, featuring the Hopper architecture designed to accelerate AI applications. This release builds upon the success of the H100 GPU, Nvidia’s…

Atlas, a 3D generative AI platform, has stepped out of stealth mode with $6 million in funding to expedite the development of virtual world creation

Atlas, a cutting-edge 3D generative AI platform, has emerged from two years in stealth mode with a robust $6 million in seed funding. This financing comprises two separate rounds: a…

AI Impact: Airbnb Purchases AI Startup for Nearly $200 Million

Airbnb, now a publicly traded company, has completed its first acquisition, valued at nearly $200 million, according to sources familiar with the transaction as reported by CNBC. The acquired startup…

OfferFit secures $25 million in funding to revolutionize marketing through machine learning personalization, making A/B testing obsolete.

The homepage of OfferFit, a Boston-based startup led by CEO George Khachatryan, a PhD mathematician and former co-founder of education software startup Reasoning Mind, boldly declares, “A/B testing is dead.”…

Samsung introduces Gauss, on-device GenAI models designed for processing text, images, and code.

Today, Samsung, the prominent South Korean electronics company, marked its entry into the generative AI domain with the introduction of Gauss, a foundational model designed for local execution on smartphones,…

DeepInfra, formerly in stealth mode, secures $8 million in funding to enhance the affordability of running AI inferences.

Alright, imagine you’re a business leader or IT decision-maker eager to delve into the realm of generative AI. After hearing about the potential benefits, you’re ready to introduce a large…