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…
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…
Kloudfuse, a data observability platform, emerges from stealth mode with $23 million in funding.
Recovering from catastrophic system failures can be a daunting challenge when you lack crucial information. Surprisingly, many companies acknowledge that they are, in a way, operating in the dark when…
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…
Taiwanese chip company invests $5.3 billion in Japanese factory to boost semiconductor production
Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) and the Japanese financial conglomerate SBI Holdings have designated a location in northern Japan for the establishment of an 800 billion yen ($5.3 billion)…
In 2021, Google spent $26 billion to secure default search engine status on browsers and phones.
In 2021, Google allocated $26.3 billion to secure its position as the default search engine on mobile devices and web browsers, as revealed during a recent federal antitrust trial against…
The AI proxy battle intensifies as Google allegedly supports Anthropic with a $2 billion investment.
Google has reportedly poured a staggering $2 billion into Anthropic, aligning itself with OpenAI as a dominant force in the artificial intelligence realm. In a landscape where tech giants struggle…
Sony Ventures allocates $10 million for investments in Series B rounds of African entertainment startups.
Sony Group has unveiled the creation of the Sony Innovation Fund: Africa (SIF: AF), a program designed to bolster the growth of entertainment ventures in Africa. The Tokyo-based multinational conglomerate,…
Layer secures $3M seed funding to create AI copilots 10 times faster than humans.
AI copilots have become a growing trend as the generative AI boom enters its first-year anniversary since the launch of OpenAI’s ChatGPT in November 2022. However, the question remains: How…
Deta secures $3.6M for cloud-based OS development.
Deta, a pioneering tech company based in Berlin, is on a mission to transform personal computing through the introduction of Deta Space, which its founder describes as the world’s inaugural…
Gutsy secures $51M in seed funding, among this year’s top cybersecurity investments.
“Stepping out of stealth mode today with a groundbreaking achievement in the realm of cybersecurity, Gutsy has secured an impressive seed funding round of $51 million, one of the largest…
This week’s data highlights: AI stack tips, generative AI uptake, and the future of composability (and more).
Every company aspires to transform into a platform-centric entity, although not all can successfully make this transition. In this edition, we delve into the pivotal consumer and enterprise platforms that…
Cisco acquires cybersecurity firm Splunk for a record $28 billion in cash.
Cisco has announced its acquisition of cybersecurity software company Splunk for $157 per share in a cash transaction valued at approximately $28 billion, marking its largest-ever acquisition. On the day…
Intel reaffirms: Most desktops won’t be receiving the next-gen Meteor Lake CPUs.
Intel’s Meteor Lake processor architecture has generated significant anticipation as one of the most intriguing developments in recent company history. However, it has long been known that Intel had no…
EchoMark Unveils AI-Powered Solution for Securing Private Communications in the Era of Digital Technology.
EchoMark, a trailblazing company revolutionizing information protection, has officially unveiled its AI-driven solution designed to safeguard private information. This innovative solution seamlessly incorporates invisible forensic watermarks into emails and documents,…
Nvidia is optimising its GPUs, and that’s a significant benefit for laptops.
Through clever AI techniques, Nvidia has ingeniously outsmarted the conventional game rendering pipeline, resulting in a significant enhancement of traditionally underpowered laptops. Nvidia’s latest RTX 40-series mobile GPUs, especially when…
Major technology companies are shaping the latest AI UX design-AI’s Impact
It was an astonishing whirlwind of AI product developments in the realm of Big Tech this week. First on the roster, a remarkable introduction of a new generative AI iteration…
The ChatGPT update empowers its AI with the ability to “perceive, listen, and communicate,” as stated by OpenAI.
OpenAI made a major announcement on Monday regarding an update to ChatGPT. This update empowers the GPT-3.5 and GPT-4 AI models to analyze images and respond to them within text…