George Town, Cayman Islands, 12th June 2024, Chainwire
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French AI startup Mistral AI raises $650 million to ‘push the frontier of AI,’ tripling its valuation to $6 billion
French AI startup Mistral AI has raised 600 million euros ($643.7 million) in a Series B funding round led by existing investor General Catalyst, almost tripling its valuation to 5.8 billion euros, a big increase from its 2 billion euros […]
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Lisbon, Portugal, 12th June 2024, Chainwire
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German AI startup Black Semiconductor raises $274M in funding to launch next-generation chips based on graphene
Germany’s AI startup Black Semiconductor has raised €254 million ($273 million) in funding to develop next-generation chip technology using a carbon material called graphene, the company announced on Wednesday. The funding includes €229 million in public grants from the German […]
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AI startup AlphaSense raises $650M in funding at $4 billion valuation; agrees to buy rival Tegus for $930 million
AI-driven market intelligence startup AlphaSense announced on Tuesday that it has raised $650 million in a new funding round, elevating its valuation to a robust $4 billion. This marks a $1.5 billion increase from its valuation following a $150 million […]
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George Town, Grand Cayman, 11th June 2024, Chainwire
2.0K Views
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Here’s everything Apple announced at WWDC 2024
Following months of speculation, Apple on Monday unveiled its much-anticipated AI strategy and a suite of AI-powered features and software enhancements for the iPhone and its other devices at the Worldwide Developers Conference (WWDC) 2024. A Focus on Artificial Intelligence […]
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Vancouver, Canada, 11th June 2024, Chainwire
1.8K Views
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Apple unveils “Apple Intelligence” at WWDC 2024, partners with OpenAI to integrate ChatGPT across iPhone and other devices
Apple finally unveiled its long-awaited AI technology strategy at the Worldwide Developers Conference (WWDC) 2024, launching “Apple Intelligence,” which seamlessly integrated AI across Apple’s suite of apps, including Siri. During the event, Apple also confirmed a partnership with OpenAI to […]
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Humane, the hardware startup behind the AI Pin, in talks with HP and telecoms for potential sale
Humane, the AI startup founded by former Apple designers, is reportedly looking for a potential buyer following the lukewarm reception of its AI Pin wearable, according to CNBC, citing sources familiar with the situation. Sources disclosed to CNBC that Humane […]
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Cognizant to acquire acquire digital engineering firm Belcan for $1.3 billion
Cognizant Technologies, a leading information technology services provider, announced on Monday it has reached an agreement to acquire digital engineering firm Belcan for approximately $1.3 billion in a combination of cash and stock. This strategic acquisition will broaden Cognizant’s reach […]
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Torrance, United States / California, 10th June 2024, CyberNewsWire
1.8K Views
Zug, Switzerland, 10th June 2024, Chainwire
1.7K Views
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AI startup Harvey in talks to raise $600 million in funding at $2 billion valuation
Harvey, a generative AI startup targeting legal, tax, and finance professionals, is reportedly in talks to raise $600 million in funding. According to an exclusive report by The Information, this new infusion of capital would push the San Francisco-based startup’s […]
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Gibraltar, Gibraltar, 10th June 2024, Chainwire
1.6K Views
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The Future of Calls? Nokia CEO Makes World’s First ‘Immersive’ Phone Call
In a landmark achievement, Nokia CEO Pekka Lundmark made the world’s first “immersive audio and video” phone call using a new technology called “immersive audio and video,” the company said in a statement. In an announcement on Monday, Nokia said […]
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What Are Garbled Circuits, and Why Are They Important?
Garbled circuits are a privacy-preserving cryptographic technique that was originally theorized as a solution to the hypothetical Millionaire’s Problem, where two millionaires want to see who has the higher net worth – but without actually revealing the dollar amount to […]
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Bitcoin miner Core Scientific rejects $1 Billion buyout offer from CoreWeave, 5 months after emerging from Bankruptcy
In a dramatic turn of events, Bitcoin miner Core Scientific has rejected an “unsolicited” $1 billion buyout offer from Nvidia-backed specialized cloud provider CoreWeave. The all-cash offer came in just five months after the company emerged from Chapter 11 bankruptcy. […]
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HongKong, China, 7th June 2024, Chainwire
1.1K Views
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Ionic Materials, a tech startup set to revolutionize lithium batteries for EVs, shuts down operations
Ionic Materials, a solid-state EV battery hopeful, has shut down. According to a report from The Information, the Massachusetts-based Ionic Materials has ceased operations. The company has also let go of nearly its entire workforce, marking a significant setback in […]
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