Dubai, United Arab Emirates, 17th December 2024, Chainwire
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Databricks raises $10 billion in late-stage funding round at a $62 billion valuation
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
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 […]
1.9K Views
Tortola, British Virgin Islands, 17th December 2024, Chainwire
602 Views
Athens, Greece, 17th December 2024, Chainwire
1.2K Views
Singapore, Singapore, 17th December 2024, Chainwire
605 Views
Warsaw, Poland, 17th December 2024, Chainwire
467 Views
San Francisco, California, 16th December 2024, Chainwire
486 Views
Miami, Florida, 16th December 2024, Chainwire
532 Views
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SoftBank CEO Masayoshi Son commits to invest $200 billion in the US after Trump’s on-the-spot request
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
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 […]
1.3K Views
Georgetown, Cayman Islands, 16th December 2024, Chainwire
666 Views
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XMail: Elon Musk confirms plans to launch an email service to challenge Gmail
Email has been a cornerstone of communication for decades, but it’s no secret that using it often feels more frustrating than it should. Whether it’s tangled conversation threads, messy formatting, or bloated features, platforms like Gmail haven’t evolved to match […]
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Scale AI, a unicorn tech startup worth $13.8 billion, accused of widespread wage theft
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 […]
2.4K Views
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Musk’s xAI offers free access to Grok-2 chatbot for all X users
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 […]
1.8K Views
New York, USA, 16th December 2024, Chainwire
500 Views
Forbes Web3 is putting the spotlight on innovation with its December 2024/January 2025 issue, featuring members of its exclusive Forbes Legacy Pass community. This membership offers more than just access—it’s an opportunity to connect with a global network of entrepreneurs, […]
2.2K Views
Palo Alto, California, 16th December 2024, Chainwire
592 Views
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Bitcoin surges to new record high above $106,000 as investors predict $120,000 by year-end
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 […]
705 Views
Seychelles, Seychelles, 16th December 2024, Chainwire
533 Views