November 14, 2024
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io.net partners with KREA to overcome global GPU shortage and unlock AI potential
Nickie Louise Posted On April 4, 2024


Decentralized computing network io.net, fresh off its recent $30 million funding round, is partnering with the AI-driven design platform KREA. The collaboration promises to revolutionize AI-powered multimedia creation by harnessing io.net’s GPU computational power for KREA users. With a global […]


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Generative AI startup Scale AI in talks to raise hundreds of millions in funding at near $13 billion valuation
Daniel Levi Posted On April 4, 2024


Generative AI startup Scale AI is reportedly in discussions with investors to secure a funding round that could nearly double its valuation, according to a report from The The Information. Citing insider sources, The Information said venture capital powerhouse Accel, […]


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Yahoo acquires AI news app Artifact from Instagram co-founders a year after shutdown
Nickie Louise Posted On April 3, 2024


In a strategic move aimed at bolstering its news aggregation capabilities, Yahoo has snapped up Artifact, an AI news app founded by Instagram co-founders Mike Krieger and Kevin Systrom. The acquisition, announced jointly by the two companies, signals Yahoo’s intent […]


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Top 100 AI Companies of 2024
Nickie Louise Posted On April 2, 2024


The AI revolution is happening right before our eyes, and leading the charge are the companies that dare to push the limits of what we once thought was possible. Last year, we featured leading AI startups dominating the landscape of […]


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Free AI tools for startups: Amazon offers credits for startups to use top AI models including Anthropic
Daniel Levi Posted On April 2, 2024


Amazon Web Services (AWS) announced on Tuesday the expansion of its free credits program to encompass the expenses associated with utilizing major AI models in a strategic move aimed at fortifying its foothold in the startup ecosystem. The news comes […]


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Israel’s AI chipmaker startup Hailo raises $120 million in funding at $1.2 billion valuation
Nickie Louise Posted On April 2, 2024


Israeli AI chipmaker Hailo is making waves again, securing a hefty $120 million in fresh funding. This latest round pushes the company’s valuation to $1.2 billion, reaffirming its position as a formidable player in the tech landscape. Alongside the funding, […]


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Apple’s new AI model ReALM outperforms GPT-4
Nickie Louise Posted On April 2, 2024


Apple has once again set the tech world abuzz with its latest foray into artificial intelligence. In the wake of its MM1 multimodal large language models (LLMs) launched in March, which drew comparisons to the likes of GPT-4V and Gemini, […]


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OpenAI’s $100 Billion Supercomputer: Microsoft to build ‘Stargate’ to power OpenAI’s next generation of AI systems
Nickie Louise Posted On April 1, 2024


In an ambitious move set to reshape the landscape of artificial intelligence (AI), Microsoft is reportedly gearing up to build a colossal $100 billion supercomputer dubbed “Stargate,” according to a report from The Information. Stargate is reportedly the fifth and […]


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Elon Musk’s AI startup xAI unveils Grok-1.5, the next-gen AI chatbot
Nickie Louise Posted On March 29, 2024


Elon Musk’s pioneering artificial intelligence startup xAI has unveiled its latest Grok-1.5 chatbot. The enhanced version, which will soon be rolling out to users on the X platform (formerly Twitter), boasts improved reasoning capabilities. In an announcement on his social […]


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Amazon invests another $2.75 billion in AI startup Anthropic, its largest venture investment to date
Nickie Louise Posted On March 28, 2024


In a strategic move aimed at maintaining its dominance in the rapidly evolving landscape of artificial intelligence (AI), Amazon announced it is investing an additional $2.75 billion into AI startup Anthropic. This fresh injection of capital supplements Amazon’s initial $1.25 […]


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Stability AI faces unstable future as CEO resigns to ‘pursue decentralized AI’
Nickie Louise Posted On March 25, 2024


In a surprising turn of events, Emad Mostaque, the founder and CEO of Stability AI, has resigned from the company amidst a series of high-profile departures and mounting investor pressure, leaving the startup in a state of uncertainty. This development […]


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Microsoft strikes $650 million deal with Inflection AI to license its AI technology and talent
Nickie Louise Posted On March 22, 2024


In a move signaling Microsoft’s deepening commitment to AI, the tech titan has inked a deal with the promising AI startup Inflection, according to a report from Reuters. Sources close to the matter revealed that Microsoft will shell out nearly […]


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AI startup Borderless AI launches with $27 million in funding to speed up global hiring
Nickie Louise Posted On March 21, 2024


Investment in artificial intelligence (AI) remains red hot as investors continue to pour billions into promising AI technologies. The latest player to ride the AI funding wave is Borderless AI, a Toronto-based startup leveraging generative AI to revolutionize team onboarding […]


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AI startup Cohere in talks to raise $500 million in funding at $5 billion valuation
Nickie Louise Posted On March 21, 2024


Cohere, the Toronto-based AI startup challenging OpenAI with its revolutionary foundation models, is edging closer to closing a monumental funding round, according to exclusive reports from Reuters this morning. Sources close to the matter revealed that the company is in […]


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How to Spot Trends Before They Happen
Daniel Levi Posted On March 20, 2024


Understanding trends is vital for startups and businesses. Trends offer crucial insights into emerging market opportunities, consumer behavior, and competitive dynamics. By keeping a finger on the pulse of trends, businesses and founders can pinpoint fresh niches, address evolving customer […]


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Microsoft hires DeepMind co-founder Mustafa Suleyman to run its new consumer AI unit
Nickie Louise Posted On March 20, 2024


In a strategic move signaling its ambition in the AI space, Microsoft announced on Tuesday it hired Mustafa Suleyman, one of the brains behind Google DeepMind, to spearhead its newly formed consumer AI unit dubbed Microsoft AI. Suleyman, who also […]


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Saudi Arabia in talks for $40 billion AI investment fund with top VC firms including Andreessen Horowitz
Daniel Levi Posted On March 20, 2024


In a bold move set to redefine the landscape of artificial intelligence investment, Saudi Arabia’s sovereign wealth fund is reportedly in advanced talks with renowned American venture capital firm Andreessen Horowitz, potentially paving the way for a colossal $40 billion […]


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Top 10 Jobs Most Impacted and Replaced by AI
Nickie Louise Posted On March 19, 2024


In a sign of the growing influence of artificial intelligence (AI) in the corporate landscape, Europe’s leading fintech giant Klarna made headlines last month after it announced that it replaced 700 customer service representatives with AI. According to the company, […]


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Israeli AI startup NeuReality closes $20M in funding to democratize AI access amidst GPU scarcity
Nickie Louise Posted On March 19, 2024


The race to dominate the AI space heats up as NeuReality, an Israeli startup, secures a massive $20 million in funding from global backers. Investors are flocking to promising generative AI ventures, eager to challenge established players in the field. […]


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Surgeons Get AI Assists: Nvidia and Johnson & Johnson team up to develop new AI applications for surgery
Nickie Louise Posted On March 19, 2024


The operating room is about to get a high-tech upgrade. Johnson & Johnson MedTech and Nvidia are joining forces to develop artificial intelligence (AI) applications tailored for J&J’s digital surgery ecosystem. Their joint effort aims to usher in a new […]


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