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NVIDIA launches Jetson Orin Nano Super for robotics and AI: Capable of 70 trillion operations per second for just $249

Nickie Louise Posted On December 17, 2024

NVIDIA on Tuesday unveiled the Jetson Orin Nano Super, a compact AI and robotics processor that delivers impressive performance in a small package. Dubbed “the world’s most affordable generative AI computer,” the processor has the ability to handle 70 trillion […]

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London-based AI hardware startup TG0 raises £4.5M to transform human-machine interfaces

Nickie Louise Posted On December 17, 2024

London-based tech startup TG0 has raised £4.5M in Series B funding to push its AI-driven physical products to new markets. The round was led by AI-focused investor NetMind.AI, with additional backing from WP Health. The new funding will help TG0 […]

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Databricks raises $10 billion in late-stage funding round at a $62 billion valuation

Nickie Louise Posted On December 17, 2024

Databricks announced on Tuesday that it has hit a $62 billion valuation following a $10 billion Series J funding round. Thrive Capital led the round, with Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management joining as co-leads. […]

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China’s AI models challenge U.S. dominance, outperforming U.S. rivals as global AI race heats up

Nickie Louise Posted On December 17, 2024

In August 2023, Alibaba entered into the global AI race with the launch of two large language models (LLMs): Qwen-VL and Qwen-VL-Chat. These models stood out for their ability to process images and engage in advanced conversations. By offering them […]

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SoftBank CEO Masayoshi Son commits to invest $200 billion in the US after Trump’s on-the-spot request

Nickie Louise Posted On December 16, 2024

SoftBank founder and CEO Masayoshi Son agreed on Monday to double the company’s planned $100 billion investment in the United States to $200 billion. The decision came during an unexpected exchange with President-elect Donald Trump, showcasing Son’s willingness to respond […]

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Industrial AI startup Haber raises $44M in funding to bring AI-driven manufacturing to North America

Nickie Louise Posted On December 16, 2024

Industrial AI startup Haber has raised $44 million in its Series C funding round, with $38 million in equity and $6 million in debt. The round included participation from Creaegis, BEENEXT, and Accel, reflecting strong investor confidence in the company’s […]

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Scale AI, a unicorn tech startup worth $13.8 billion, accused of widespread wage theft

Nickie Louise Posted On December 16, 2024

Scale AI is a San Francisco unicorn AI startup that provides training data to major AI companies including OpenAI and Meta. In May, we reported on Scale AI after it secured $1 billion in growth funding from Accel, with support […]

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Musk’s xAI offers free access to Grok-2 chatbot for all X users

Nickie Louise Posted On December 16, 2024

Elon Musk’s artificial intelligence startup xAI announced on Saturday that the latest version of its Grok-2 chatbot is now available at no cost to all users of the social media platform X. “Over the past few weeks we have been quietly testing […]

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Bitcoin surges to new record high above $106,000 as investors predict $120,000 by year-end

Nickie Louise Posted On December 16, 2024

Bitcoin has hit a new all-time high, continuing a rally that has seen its value climb over 50% since the U.S. presidential election on November 5. On Sunday, the world’s most popular cryptocurrency briefly surpassed $106,000 before pulling back as […]

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OpenAI whistleblower and former researcher Suchir Balaji found dead in San Francisco apartment

Nickie Louise Posted On December 13, 2024

Suchir Balaji, a 25-year-old former researcher at OpenAI, was found dead in his San Francisco apartment late last month. Authorities, including the San Francisco Police Department and the Office of the Chief Medical Examiner, have ruled his death a suicide. […]

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Generative AI startup Liquid AI closes $250 million in early stage funding led by AMD

Nickie Louise Posted On December 13, 2024

Generative AI startup Liquid AI announced on Friday that it has raised $250 million in early-stage funding, led by Advanced Micro Devices (AMD), which is also joining as a strategic collaborator. The funding aims to speed up the development and […]

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Zest AI secures $200M growth funding from Insight Partners to advance AI-driven lending solutions

Nickie Louise Posted On December 13, 2024

Zest AI, a fintech startup revolutionizing lending with AI-driven solutions, announced today it has raised a $200 million growth investment from Insight Partners. This funding will support Zest AI’s continued efforts to improve underwriting, fraud protection, and generative AI capabilities, […]

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Software startup ServiceTitan valued at $8.97 billion as stock pops 42% in IPO debut on Nasdaq

Nickie Louise Posted On December 12, 2024

Shares of ServiceTitan surged 42% during its U.S. market debut on Thursday, boosting the company’s valuation to $8.97 billion—over $3 billion higher than its targeted valuation of $5.16 billion just a week ago. The stock opened at $101 on Nasdaq, […]

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Gigs secures $73 million in funding to help tech companies launch their own mobile services

Nickie Louise Posted On December 12, 2024

The telecom industry has long been closed off to new players, with high entry barriers keeping innovators at bay. For years, new entrants had to endure lengthy commercial negotiations with carriers and commit significant engineering resources to untangle a fragmented […]

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Crusoe raises $600 million in Series D funding to power the AI cloud, now valued at $2.8 billion

Nickie Louise Posted On December 12, 2024

Crusoe, an AI startup and provider of vertically integrated AI infrastructure, has raised $600 million in a Series D funding round led by Founders Fund, with participation from Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners. […]

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OpenAI restores ChatGPT after 4 hours of downtime as weekly users surge to 300 million

Nickie Louise Posted On December 12, 2024

OpenAI announced early Thursday on X that its services, including the ChatGPT assistant, Sora video generator, and its programming interface for developers, were back online after experiencing several hours of downtime. OpenAI reported the outage at around 7 PM EST, […]

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Spotter, a creator startup that provides upfront financing to YouTubers, lays off staff after partnering with Amazon

Nickie Louise Posted On December 11, 2024

Spotter, a startup that underwrites creators and offers AI-driven tools, has laid off staff following its partnership with Amazon, according to The Information. The layoffs occurred in early November and affected various parts of the Los Angeles-based company, marking a […]

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Cloud database startup SkySQL raises $6.6M in funding to bring conversational AI to databases

Nickie Louise Posted On December 11, 2024

With AI gaining mainstream adoption, most companies are exploring generative AI applications powered by operational data, but delivering reliable and accurate results presents significant challenges. Today’s databases are often not optimized for AI, leading to issues like hallucinations, low accuracy, […]

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Microsoft and Acadia Infrastructure Capital lead a $9 billion investment in U.S. renewable energy projects

Nickie Louise Posted On December 11, 2024

U.S. investor Acadia Infrastructure Capital, alongside Microsoft and other companies, is driving efforts to develop a $9 billion pipeline of renewable energy projects across the country. The initiative, led by Acadia Vice President Brian O’Callaghan, marks the launch of the […]

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Apple unveils ChatGPT-powered Siri in latest iOS 18.2 update

Nickie Louise Posted On December 11, 2024

Six months after unveiling “Apple Intelligence” at the Worldwide Developers Conference (WWDC) 2024, Apple has rolled out updates for its iPhone, iPad, and Mac software. These updates include a highly anticipated feature: ChatGPT integration with Siri. This integration comes into […]

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