November 14, 2024
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Google-backed AI startup Anthropic seeking to raise $750M in new funding round led by Menlo Ventures
Nickie Louise Posted On December 21, 2023


OpenAI rival Anthropic is in talks to secure $750 million in a venture round led by Menlo Ventures, valuing the two-year-old AI startup at $15 billion, excluding the investment, according to an exclusive report from The Information. This valuation is […]


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AI Domains: Everything you need to know and what not to do with your .AI domain names
Daniel Levi Posted On December 20, 2023


The AI boom that kicked off about a year ago with the introduction of ChatGPT has now spilled over into the world of domain names. It seems like every new tech startup is jumping on the AI bandwagon, regardless of […]


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TuMeke secures $10 million in Series A funding led by Intel Capital to eliminate work-related muscle injuries
Nickie Louise Posted On December 19, 2023


In 2020, the private sector saw a total of 247,620 workplace injuries or illnesses related to musculoskeletal disorders (MSDs) that led to days away from work, according to a report from the National Safety Council. MSDs, often termed “ergonomic injuries,” […]


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ChatGPT and other AI models unable to analyze SEC Filing, Patronus AI researchers find
Nickie Louise Posted On December 19, 2023


Over the past year, ChatGPT and other large language models (LLMs), including Google Bard and Anthropic, have gained widespread attention for their impressive abilities, ranging from coding, poetry, and songwriting to even devising entire movie plots. They’ve even showcased proficiency […]


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IBM to acquire Software AG’s Integration Business for $2.3 billion to boost its hybrid cloud and AI offerings 
Nickie Louise Posted On December 18, 2023


IBM announced on Monday it would acquire Software AG’s enterprise integration platforms, StreamSets and webMethods, for €2.13 billion ($2.33 billion). This strategic move is aimed at strengthening IBM’s presence in the hybrid cloud and artificial intelligence (AI) markets. StreamSets and […]


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Prompt Engineering: The Definitive Guide to Unleashing The Power of ChatGPT and Other Language Models
Daniel Levi Posted On December 15, 2023


ChatGPT has sparked a creative revolution in artificial intelligence (AI) that’s truly groundbreaking. In just a year, this language model has impressed experts with its writing abilities, adept handling of complex tasks, and surprisingly user-friendly interface. Yet, there’s more beneath […]


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H&R Block launches AI tax filing assistant ahead of tax season
Nickie Louise Posted On December 14, 2023


Tax preparation company H&R Block has unveiled a new conversational AI chatbot called AI Tax Assist to assist taxpayers in the upcoming tax season. This generative artificial intelligence chatbot is accessible through the paid versions of H&R Block’s DIY tax […]


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Chinese AI startup 01.AI to raise $200 million to build the next generation of open-source AI models
Nickie Louise Posted On December 14, 2023


Beijing-based 01.AI, a Chinese artificial intelligence startup founded by former Google China chief Lee Kai-fu, is raising up to $200 million in fresh funding, according to an exclusive report from Reuters. The move to raise funds comes amid a surge […]


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OpenAI’s nonprofit arm reported only $45,000 revenue in 2022, despite the company’s $86 billion valuation
Daniel Levi Posted On December 13, 2023


OpenAI’s nonprofit arm revealed in its recent filing with the IRS that it generated $44,485 in revenue in 2022, mostly from investment income. However, the disclosure did not include the revenue from the for-profit division responsible for commercializing ChatGPT, a […]


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Meta sued for using copyrighted books for AI training
Nickie Louise Posted On December 13, 2023


Did Meta break the law? Authors are claiming that the company used their books without permission. According to a recent filing in a copyright infringement lawsuit, Meta Platforms, the parent company of Facebook and Instagram, allegedly ignored legal warnings about […]


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Generative AI startup Mistral AI secures $415 million in second funding round
Nickie Louise Posted On December 11, 2023


French open-source AI startup Mistral AI said on Monday it had raised 385 million euros (about $415 million) in its second funding round in seven months, led by investors such as Andreessen-Horowitz and LightSpeed Ventures. The funding comes less than […]


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Did Google Fake its Gemini AI Demo Video?
Daniel Levi Posted On December 8, 2023


On Wednesday, Google surprised everyone by launching Gemini, its largest and most powerful AI model to date. However, there’s a twist in the story as The Information’s report hinted at a potential delay in the full launch until 2024. It […]


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Beyond Generative AI: Why Cognitive AI is the new frontier that will usher a new era of human-like thinking
Daniel Levi Posted On December 8, 2023


Since the launch of ChatGPT a year ago, generative AI has captivated our imaginations, showcasing its prowess in art, music, and code creation. Yet, amidst this fascination, a deeper evolution is looming: Cognitive AI. This emerging field seeks to surpass […]


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AI startup Rhythms emerges from stealth with $26 million in funding to transform the future of work
Nickie Louise Posted On December 7, 2023


Rhythms, a new AI startup founded by Vetri Vellore who previously sold his company to Microsoft, has emerged from stealth mode with $26 million in seed funding. The round was co-led by Greenoaks and Madrona with participation from Accel, and […]


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Actility secures €16 million to lead the boom in low-power IoT market and propel sector consolidation
Nickie Louise Posted On December 7, 2023


While artificial intelligence grabs all the attention in the news, there’s another sector quietly making waves, and it’s not getting the recognition it deserves, despite nearing $1 trillion in spending. According to recent research by Statista indicates that global spending on the […]


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Google launches Gemini, its largest and most powerful AI model to challenge ChatGPT
Nickie Louise Posted On December 6, 2023


After several months of playing catch-up, Google has officially unveiled Gemini, its latest and most powerful AI model, claiming superiority over OpenAI’s GPT-3.5. The announcement follows a report by The Information suggesting a potential delay in the full launch until […]


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Science Creates secures £8.5M in funding to support UK spin-outs and drive the fourth industrial revolution
Nickie Louise Posted On December 6, 2023


University spin-out Science Creates has received new funding boost to ignite deep tech innovation and pave the way for the UK’s leading role in the fourth industrial revolution. Science Creates announced on Wednesday it has secured £8.5 million in funding […]


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Elon Musk’s AI startup X.AI files to raise $1 billion in funding to advance AI for the good of humanity
Nickie Louise Posted On December 5, 2023


Elon Musk’s AI startup company, xAI, is looking to raise up to $1 billion in an equity offering, according to a recent filing with the Securities and Exchange Commission (SEC). The filing on Tuesday revealed that the company has secured […]


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IBM, Meta launch Open AI Alliance with over 50 founding members to advance ‘open, safe, responsible’ AI
Nickie Louise Posted On December 5, 2023


In a major move aimed at promoting the responsible development of artificial intelligence (AI), tech giants IBM and Meta today announced the launch of a new AI Alliance in collaboration with other tech leaders to advance ‘open, safe, responsible’ AI. […]


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OpenAI rival Mistral AI nears $2 billion valuation with backing from Andreessen Horowitz, Nvidia, others
Nickie Louise Posted On December 4, 2023


Mistral AI, a generative AI startup co-founded by former researchers from Meta Platforms and Alphabet, is in the final stages of securing $487 million (roughly €450 million) in funding from notable investors, including Nvidia Corp. and Salesforce Inc., Bloomberg reported, […]


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