Sam Altman’s stake in Reddit surpasses $1 billion after earnings boost
Reddit shares surged 22% in extended trading on Tuesday, hitting $100 for the first […]
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AI investments make up 33% of total U.S. venture capital funding in 2024
AI continues to dominate in 2024, capturing investor interest as the field’s rapid growth […]
Bret Taylor’s AI startup Sierra secures $175 million at a $4.5 billion valuation
Sierra, a customer service AI startup led by former Salesforce co-CEO Bret Taylor, has […]
Meta develops AI search engine to compete with Google and Bing, reducing reliance on rivals
Less than six months after unveiling Meta.ai to compete with ChatGPT, Meta Platforms is […]
Nvidia overtakes Apple to become the world’s most valuable company
Nvidia surpassed Apple on Friday to claim the top spot as the world’s most […]
Former OpenAI researcher says company violated copyright law and destroyed the internet
In November 2023, Sam Altman was fired as the CEO of OpenAI after the […]
Teen commits suicide after intense emotional bond with Character.AI chatbot
In just two years, AI has moved from a distant, futuristic concept to mainstream […]
TikTok parent ByteDance fires intern for planting malicious code in AI models, denies sabotage claims
Artificial intelligence (AI) has gained widespread adoption since the launch of ChatGPT two years […]
Former OpenAI CTO Mira Murati to raise $100 million for new AI startup
Mira Murati, former Chief Technology Officer at OpenAI, is reportedly in talks to raise […]
AI startup Perplexity AI in funding talks to more than double its valuation to $8 billion
Perplexity has begun fundraising talks, aiming to more than double its valuation to over […]
Photonic startup Lightmatter secures $400 million amid AI data center boom, now valued at $4.4 billion
The rise of artificial intelligence continues to fuel a growing demand for infrastructure like […]
Generative AI startups secure 40% of $79.2 billion in cloud venture funding for 2024
The rise of ChatGPT two years ago ignited a wave of AI adoption across […]
Apple launches new iPad Mini featuring advanced AI capabilities
Apple on Tuesday unveiled its latest iPad mini, featuring AI enhancements like advanced writing […]
New York Times sends cease-and-desist notice to AI startup Perplexity over unauthorized content use
In recent months, legal actions against AI startups over the unauthorized use of content […]
Nvidia-backed AI startup CoreWeave gets $650 million funding boost from top Wall Street banks
In May 2023, we reported on CoreWeave after the Nvidia-backed AI startup raised $200 […]
Healthcare startup Suki scores $70 million in funding to develop AI hospital assistants
Suki, a healthcare tech startup focused on building AI assistants for medical professionals, has […]
OpenAI secures $6.6 billion in funding from Microsoft and Nvidia, now valued at $157 billion
After weeks of anticipation, OpenAI has successfully raised an impressive $6.6 billion in funding, […]
How Blockchain is Reshaping the Entertainment Industry
It feels as though AI has dominated the airwaves over the last two years, […]
OpenAI partners with Italy’s CDP to boost AI innovation among Italian startups
OpenAI and Italy’s state lender CDP have teamed up to boost artificial intelligence (AI) […]
OpenAI launches new tools to accelerate AI model development for developers
Less than a month after launching its o1 preview, a new series of AI […]