AI coding startup Magic seeks to raise $200 million at a $1.5 billion valuation
Magic, a generative AI startup developing artificial intelligence models to write software, is in […]
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OpenAI and Microsoft sued by Center for Investigative Reporting over copyright infringement
First, it was the major music labels targeting AI startups for copyright infringement. Now, […]
SoftBank to invest up to $30 million in search engine startup Perplexity AI at a $3 billion valuation
Japanese tech giant SoftBank Group Corp’s Vision Fund 2 is set to invest between […]
EvolutionaryScale, an AI for biology startup, raises $142M in funding to revolutionize drug discovery and life sciences
EvolutionaryScale, an emerging AI startup at the intersection of biology and life sciences, announced […]
Etched, an AI chip startup founded by college dropouts, raises $120 million in funding to take on Nvidia
Nvidia has long been the uncontested leader in the AI GPU market, but a […]
AI startup companies Suno and Udio sued by major music labels for copyright infringement
In a major legal challenge that could have widespread implications across the AI industry, […]
Apple in talks with Meta on major AI partnership
While Apple and OpenAI have just made their partnership official, other tech giants are […]
OpenAI acquires enterprise data startup Rockset to bolster real-time analytics
OpenAI has acquired enterprise analytics startup Rockset to leverage data more effectively across its […]
Cyber A.I. Group Announces the Engagement of Walter L. Hughes as Chief Executive Officer
Miami, United States, 20th June 2024, CyberNewsWire
OpenAI co-founder Ilya Sutskever launches new AI startup, Safe Superintelligence (SSI)
Just a month after his departure from OpenAI, former chief scientist and ChatGPT-4 creator […]
Nvidia is now the world’s most valuable company, surpassing Microsoft
In a stunning turn of events, Nvidia has unseated Microsoft to become the world’s […]
AI startup You.com is raising $50M in funding to pivot from AI-powered search engine to AI assistant market
In 2021, we reported on You.com, an AI startup that raised $20 million in […]
AI startup Decagon emerges from stealth with $35M in funding to revolutionize customer service with AI
The gold rush for artificial intelligence shows no signs of slowing down as investors […]
OpenAI considers becoming a for-profit company, paving way for IPO
OpenAI CEO Sam Altman privately told some shareholders that the company is considering a […]
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 […]
Here’s everything Apple announced at WWDC 2024
Following months of speculation, Apple on Monday unveiled its much-anticipated AI strategy and a […]
Nvidia hits $3.01 trillion market cap, surpasses Apple to become the second most valuable company in the world
Nvidia has become the world’s second most valuable company. The chipmaking giant’s market capitalization […]
Qualcomm-backed AI startup Kneron launches next generation AI chips to challenge Nvidia and AMD
Artificial intelligence chip startup Kneron on Wednesday unveiled its next-generation products, targeting the growing […]
AI cloud provider startup CoreWeave gears up for 2025 IPO amidst surging GPU demands
The AI boom that began with the launch of ChatGPT in November 2022 has […]
AI startup EthonAI raises $16M in funding led by Index Ventures to boost factory efficiency with AI
Since the meteoric rise of ChatGPT two years ago, AI startups have largely focused […]