The valuation of VAST Data, a prominent AI infrastructure company, skyrockets to more than $9 billion following a recent injection of funding.
VAST Data, the technology firm dedicated to establishing a foundational infrastructure for the age of AI, has just unveiled its successful completion of a series E funding round, amassing an…
AutogenAI, an automated proposal writing startup, raises $39.5M with Salesforce Ventures and others
Creating proposals to meet requests-for-proposals (RFPs) and secure funding can be a daunting task, even for seasoned organizations. This typically involves providing precise yet repetitive information across various form fields…
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…
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…
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…
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.”…
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…
IBM, having made an investment in Hugging Face, introduces a $500 million enterprise AI venture fund.
IBM, having participated in a $235 million series D funding round for the open-source AI platform Hugging Face in August, announced today its intention to significantly bolster its investments in…
ChatGPT by OpenAI boasts a staggering 100 million weekly active users.
OpenAI CEO Sam Altman made an exciting announcement during the company’s inaugural developer conference in San Francisco on Monday. He disclosed that ChatGPT currently boasts an impressive 100 million weekly…
Report predicts Southeast Asia’s digital economy will reach $218 billion in 2023, spanning e-commerce and online media
A recent report from Google, Temasek, and Bain & Company reveals that Southeast Asia’s digital economies are poised to reach a total transaction value of $218 billion this year, marking…