November 29, 2024
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Did OpenAI just secretly acquire Multi?
Nickie Louise Posted On June 24, 2024


Less than a week following its acquisition of enterprise data startup Rockset, OpenAI has reportedly added another tech startup to its portfolio: Multi. This news was first reported on Hacker News, with no major news outlets confirming the acquisition, except […]


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AI startup companies Suno and Udio sued by major music labels for copyright infringement
Nickie Louise Posted On June 24, 2024


In a major legal challenge that could have widespread implications across the AI industry, major record labels Sony Music, Universal Music Group (UMG), and Warner Records have filed lawsuits on Monday against generative AI startups Suno and Udio. The lawsuits, […]


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Apple in talks with Meta on major AI partnership
Nickie Louise Posted On June 24, 2024


While Apple and OpenAI have just made their partnership official, other tech giants are eagerly vying for a spot on the Apple Intelligence bandwagon — including some of Apple’s fiercest rivals. The latest is Meta. According to an exclusive report […]


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Nvidia-backed AI startup Synthesia now lets you create multilingual presentations from your phone
Nickie Louise Posted On June 24, 2024


In April, we wrote about Synthesia after the Nvidia-backed AI startup unveiled new emotion-reading AI avatars. Dubbed “Expressive Avatars,” Synthesia’s AI Avatars are designed to bridge the gap between the virtual and real worlds by conveying human emotions through text […]


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Anthropic launches Claude 3.5 Sonnet, a new AI model that is 3 times faster than previous models released 3 months ago
Daniel Levi Posted On June 20, 2024


AI startup Anthropic on Thursday announced the release of its latest artificial intelligence model, Claude 3.5 Sonnet, along with a new user-friendly layout aimed at enhancing productivity. This launch is the latest in a series of rapid advancements in the AI […]


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OpenAI co-founder Ilya Sutskever launches new AI startup, Safe Superintelligence (SSI)
Nickie Louise Posted On June 20, 2024


Just a month after his departure from OpenAI, former chief scientist and ChatGPT-4 creator Ilya Sutskever announced on Wednesday the launch of his new AI startup, Safe Superintelligence (SSI), focused exclusively on developing safe and powerful superintelligent AI. SSI is […]


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Top venture funding news for today, June 19, 2024: Entro Security, Talkiatry, MeetRecord, Marigold, and Tandem AI
Daniel Levi Posted On June 19, 2024


Good evening! Today’s news is lighter due to the Juneteenth holiday, a federal holiday in the United States commemorating the end of slavery. So, here are the top venture funding stories for June 19, 2024: Zilch raises $125M in debt […]


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Nvidia is now the world’s most valuable company, surpassing Microsoft
Nickie Louise Posted On June 19, 2024


In a stunning turn of events, Nvidia has unseated Microsoft to become the world’s most valuable company. This milestone comes just two weeks after Nvidia surpassed Apple to secure the second-most valuable company position. On Tuesday, Nvidia’s shares surged by […]


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Top venture funding news for today, June 18, 2024: Maxim AI, Huntress, Companion, Ramify, Hark, & Echion
Daniel Levi Posted On June 18, 2024


Good evening! It’s been over a year since our last edition of the Top Startup News of the Day, and we’ve been hard at work behind the scenes to introduce a new feature: the Startup Directory. This tool allows you […]


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AI startup You.com is raising $50M in funding to pivot from AI-powered search engine to AI assistant market
Daniel Levi Posted On June 18, 2024


In 2021, we reported on You.com, an AI startup that raised $20 million in funding to take on Google with a more customizable search engine that summarizes web content. Three years later, You.com appears to be pivoting towards the AI […]


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AI startup Decagon emerges from stealth with $35M in funding to revolutionize customer service with AI
Nickie Louise Posted On June 18, 2024


The gold rush for artificial intelligence shows no signs of slowing down as investors and VC firms pour billions into innovative generative AI startups. One of the latest beneficiaries of this funding wave is Decagon, a tech startup specializing in […]


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ChatGPT is down again, second outage in about two weeks
Nickie Louise Posted On June 17, 2024


After a major outage left millions without access, OpenAI’s ChatGPT appears to be down again for the second outage in about two weeks. OpenAI’s ChatGPT is experiencing a significant outage, lasting around four hours. As we deal with these disruptions […]


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Microsoft-owned GitHub lays off 80% of its employees in India
Daniel Levi Posted On June 17, 2024


Even offshored jobs are feeling the heat as companies increasingly turn to artificial intelligence (AI) to streamline operations and trim their workforce. The latest instance is Microsoft-owned GitHub, which is laying off a significant portion of its Indian employees. According […]


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OpenAI considers becoming a for-profit company, paving way for IPO
Nickie Louise Posted On June 17, 2024


OpenAI CEO Sam Altman privately told some shareholders that the company is considering a potential change in its governance structure to a for-profit business independent of its nonprofit board, The Information reported on Friday. One proposed scenario is transforming OpenAI […]


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Amazon’s AWS invests $230 million in cloud credits for generative AI startups
Nickie Louise Posted On June 13, 2024


Amazon announced on Thursday an investment of $230 million in Amazon Web Services (AWS) cloud credits aimed at supporting generative AI startups. This initiative underscores the intensifying competition among cloud providers to attract AI clients from their inception. The program […]


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Apple surpasses Microsoft as world’s most valuable company
Daniel Levi Posted On June 12, 2024


Apple has once again surpassed Microsoft to become the most valuable company in the world, following its push into artificial intelligence during its Worldwide Developers Conference (WWDC) 2024 on Monday. The iPhone maker edged out Microsoft in Wednesday morning trading, […]


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French AI startup Mistral AI raises $650 million to ‘push the frontier of AI,’ tripling its valuation to $6 billion
Nickie Louise Posted On June 12, 2024


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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AI startup AlphaSense raises $650M in funding at $4 billion valuation; agrees to buy rival Tegus for $930 million
Nickie Louise Posted On June 11, 2024


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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Here’s everything Apple announced at WWDC 2024
Nickie Louise Posted On June 11, 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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Apple unveils “Apple Intelligence” at WWDC 2024, partners with OpenAI to integrate ChatGPT across iPhone and other devices
Nickie Louise Posted On June 10, 2024


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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