John Schulman, a co-founder of OpenAI, has left Anthropic less than a year after joining the artificial intelligence startup. The company confirmed his departure late Wednesday. “We are sad to see John go but fully support his decision to pursue […]
Teladoc Health is acquiring Catapult Health in an all-cash deal worth $65 million to strengthen its early detection capabilities for health conditions. The virtual care provider announced the acquisition on Wednesday, with the deal expected to close in the first […]
Cherry Ventures, a Berlin-based venture capital firm, has secured a $500 million fund to invest in early and late-stage European startups. The firm announced the new capital on Wednesday, noting that the funds will be split between its flagship early-stage […]
ByteDance, the parent company of TikTok, has introduced OmniHuman-1, an AI model capable of transforming a single image and an audio clip into stunningly lifelike human videos. The level of realism is so precise that distinguishing its output from actual […]
General Motors is cutting about half of the remaining staff at its now-defunct Cruise robotaxi division. The decision follows GM’s announcement two months ago that it would stop funding Cruise after investing more than $10 billion since acquiring it in […]
Apple has launched Apple Invites, a new iPhone app for creating and managing event invitations. The app makes it easy to organize gatherings, track RSVPs, and share photo albums and music with guests. Apple Invites is the newest addition to […]
Shopblocks, a UK-based digital commerce startup, has secured £2 million in fresh funding as it rebrands to Symphony Commerce. The investment comes from NPIF II – Mercia Equity Finance, managed by Mercia Ventures, as part of the Northern Powerhouse Investment […]
StackAdapt, a Canadian startup specializing in native advertising, has landed $235 million in equity funding. The round was led by Teachers’ Venture Growth (TVG), the late-stage venture arm of Ontario Teachers’ Pension Plan (OTTP), with participation from Intrepid Growth Partners […]
SailPoint, a cybersecurity firm specializing in identity and access management, is gearing up for a return to the public market with an IPO that could value the company at $11.5 billion. This move comes nearly three years after Thoma Bravo […]
Deel, a payroll and human resources startup founded by MIT alumni Alex Bouaziz and Shuo Wang, is preparing for a potential IPO as early as next year, according to CNBC. This follows a 70% revenue surge in December, pushing its […]
Chinese AI startup DeepSeek has shaken up the industry. Its open-source model, DeepSeek-V3, is outperforming leading U.S. models—all while using less advanced chips and consuming less energy. This success is forcing OpenAI to reconsider its stance on open-source AI. OpenAI’s […]
SoftBank CEO Masayoshi Son is partnering with OpenAI’s Sam Altman to launch a joint venture in Japan. Announced Monday, the initiative, named SB OpenAI Japan, will offer AI services to corporate clients. This follows last week’s reports that SoftBank was […]
OpenAI’s latest model, O3-mini, has raised eyebrows after users reportedly discovered it was generating responses in Chinese, even when prompted in English. This unexpected behavior, highlighted by X (formerly Twitter) user Vikhyat Rana, has fueled speculation that OpenAI may have […]
OpenAI is planning to develop a dedicated AI-powered device designed to replace smartphones. CEO Sam Altman confirmed in an interview on Sunday that the company is working on AI-specific hardware that could redefine how we interact with technology. “OpenAI is […]
Chinese AI startup shocked the global tech industry when it rolled out DeepSeek-V3 in December 2024 at a fraction of the cost of competing AI models. The open-source model, developed in just two months for under $6 million, outperformed OpenAI […]
The rise of Chinese AI startup DeepSeek has been nothing short of remarkable. After surpassing ChatGPT on the App Store, DeepSeek sent shockwaves to the tech world, triggering a frenzy in the market. But the attention hasn’t all been positive. […]
Voice AI startup ElevenLabs has landed $180 million in fresh funding, tripling its valuation to $3.3 billion just a year after hitting unicorn status. The Series C round was led by Andreessen Horowitz and Iconiq Growth, with additional backing from NEA, […]
Crowded, a fintech startup streamlining financial management for nonprofits, has secured $7.5 million in Series A funding, bringing its total raise to $13.5 million. The round was led by Flashpoint, a $500 million transatlantic VC firm known for backing companies […]
Chinese AI startup DeepSeek has been making headlines with its latest AI models, and last week’s launch of its V3 model only fueled the buzz. But what’s really turning heads is DeepSeek-R1, the company’s latest reasoning model, which has drawn […]
Billing and collections have long been a headache for businesses—slow, expensive, prone to errors, and vulnerable to fraud. The root of the problem lies in the manual processes baked into every billing cycle. A report by Dun & Bradstreet found […]