November 14, 2024
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Microsoft makes €3.2 billion AI bet on Germany, its largest investment in Germany in 40 years
Nickie Louise Posted On February 15, 2024


In a move to bolster Germany’s economy amid its steepest decline in two decades, Microsoft has announced a significant investment of 3.2 billion euros ($3.44 billion) over the next two years. This marks Microsoft’s largest investment in Germany over the […]


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OpenAI founding member Andrej Karpathy departs to ‘work on personal projects’
Nickie Louise Posted On February 14, 2024


Andrej Karpathy, an AI researcher and one of the founding members of OpenAI, announced on Tuesday his departure from the company via a post on X (formerly Twitter). Karpathy said he’s leaving the company to start a new chapter and […]


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AI testing startup Antithesis nabs $47M seed funding to use AI to catch software bugs; now valued at $215M
Daniel Levi Posted On February 13, 2024


Antithesis, a software testing startup that uses AI to catch bugs, has secured $47 million in seed funding, valuing the company at an impressive $215 million. The massive investment underscores the robust confidence that investors have in Antithesis’ capabilities and […]


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Nvidia briefly surpasses Amazon in market value as AI boom rages on
Nickie Louise Posted On February 13, 2024


Nvidia reached a significant milestone on Monday, briefly surpassing Amazon.com in market value and becoming the fourth most valuable company in the United States. The latest surge in value, driven by excitement surrounding artificial intelligence, propelled Nvidia to a market […]


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AI startup Quilter secures $10M funding led by Benchmark to revolutionize circuit board design with AI
Nickie Louise Posted On February 13, 2024


Circuit board design startup Quilter announced on Tuesday it raised $10 million in funding to advance a revolutionary approach to circuit board design using artificial intelligence (AI). The funding marks a significant step forward for Quilter, positioning it alongside tech […]


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OpenAI’s Sam Altman seeking to raise up to $7 trillion from UAE, others for AI chip fabrication
Daniel Levi Posted On February 12, 2024


OpenAI CEO Sam Altman is reportedly planning to raise up to $7 trillion in new funding following a $5 billion investment in R&D to advance semiconductor technologies made in the USA, the Wall Street Journal reported on Thursday. The unprecedented […]


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OpenAI hits $2 billion revenue milestone as demand for generative AI skyrockets
Nickie Louise Posted On February 9, 2024


OpenAI achieved a significant milestone, reaching a $2 billion revenue in December as demand for generative AI skyrockets. The Microsoft-backed OpenAI also surpassed $2 billion on an annualized basis, the Financial Times reported on Friday, citing two sources familiar with […]


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Google rebrands Bard AI to Gemini, launches a new app and subscription
Daniel Levi Posted On February 8, 2024


Google on Thursday announced a major rebranding of Bard, its artificial intelligence chatbot and assistant, along with the introduction of a new app and subscription options. Formerly known as Bard and a key competitor to OpenAI’s ChatGPT, the AI chatbot […]


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USPTO rejects OpenAI’s “GPT” trademark application
Nickie Louise Posted On February 7, 2024


OpenAI, the organization behind the ChatGPT platform, has hit a roadblock in its efforts to trademark “GPT” as the company faces challenges over its claims of “GPT” ownership. GPT is an acronym for “Generative Pre-trained Transformer,” representing their family of […]


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Microsoft to train 2 million people in India’s small cities with AI skills
Nickie Louise Posted On February 7, 2024


The rapid advancements in AI, including the introduction of large language models (LLM), are reshaping how people work and altering broader business models. That’s why Microsoft has unveiled ambitious plans aimed at upskilling 2 million individuals in India’s smaller cities, […]


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Generative AI startup AudioStack raises $3.1.5M pre-Series A round to revolutionize audio production
Daniel Levi Posted On February 6, 2024


London-based AI startup AudioStack has raised $3,15 million (£2.5 million) in a pre-Series A round led by Quadri Ventures, with participation from existing investors including prominent angel investor Fred Destin and media investor and former CEO of AdsWizz, Alexis van de […]


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Meta to start labeling AI-generated images across platforms in transparency push
Daniel Levi Posted On February 6, 2024


In a move towards greater transparency, Meta announced on Tuesday its plans to start identifying and tagging images created by other companies’ artificial intelligence services. The move, outlined by Meta’s top policy executive, involves integrating invisible markers into these images […]


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Apple is reportedly acquiring German AI startup Brighter AI to bolster privacy features in Vision Pro
Daniel Levi Posted On February 5, 2024


Apple is reported acquiring AI startup Brighter AI in a move to bolster privacy features within its products, starting with Apple Vision Pro, Apple news platform 9to5Mac reported, citing an unnamed source. Brighter AI declined to comment on the story, […]


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Cash-strapped AI startups seek mergers & acquisitions to survive amid rising costs: Is the AI dream over for startups?
Daniel Levi Posted On February 2, 2024


In November 2022, OpenAI made headlines with the launch of its ChatGPT AI chatbot. Within just five days of its release, ChatGPT attracted over 1 million users, reaching an impressive milestone of 100 million monthly active users by January 2023. […]


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Meta builds its own AI brain: Custom AI chips to power up the company’s AI ambitions
Nickie Louise Posted On February 2, 2024


The parent company of Facebook Meta Platforms plans to roll out a new iteration of its custom chip in its data centers this year, Reuters reported on Thursday, citing an internal document. This second-generation chip, part of Meta’s in-house silicon […]


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Cadence unveils AI-powered supercomputer for streamlining jet design
Nickie Louise Posted On February 1, 2024


The future of supersonic travel got a major boost today with Cadence Design Systems‘ announcement of a new artificial intelligence (AI) supercomputer specifically designed for jet design to simulate how air flows over jets and other gear as its competition […]


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Uncharted Labs, an AI startup founded by three Google Deepmind researchers, raises $8.5 million in funding
Nickie Louise Posted On January 31, 2024


As OpenAI and Google continue to advance in developing artificial intelligence for conversational chatbots like ChatGPT, a new wave of startups is emerging to take the lead in the burgeoning realm of AI agents. In this space, these agents employ […]


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Volkswagen launches new AI lab to accelerate product Innovation, in talks with potential partners for AI-powered prototypes
Nickie Louise Posted On January 31, 2024


Volkswagen announced on Wednesday that it’s in talks with various global tech firms to team up and innovate on new digital products and features using artificial intelligence (AI). To generate innovative product ideas and develop early-stage digital prototypes using artificial […]


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Meta releases free ‘Code Llama 70B’ to challenge GPT-4 in AI coding race
Daniel Levi Posted On January 30, 2024


Meta on Monday announced the release of its free code generation AI model and programming tool named Code Llama 70B. The new release is designed to generate and debug even larger programming strings compared to Meta’s previous offerings. Code Llama […]


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Anthropic Data Breach: AI startup Anthropic confirms it suffered a data leak
Daniel Levi Posted On January 29, 2024


AI startup Anthropic has suffered a data breach, making it the latest in a series of companies to fall victim to data leak incidents. Unlike previous breaches caused by external hackers, this time the breach resulted from a human error. […]


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