AI startup Poolside has raised a whopping $500mn — and it still hasn’t even launched a product. Despite the barren release schedule, the company has become an investors’ darling. The new Series B round brings Poolside’s total funding to $626mn. Its valuation now stands at a cool $3bn…
AI startup Poolside raises $500M as AI coding market booms Read More »
Cerebras Systems Inc., a maker of chips and other tech infrastructure for artificial intelligence, filed for an initial public offering on Monday, as more startups look to make a name for themselves in a space occupied by tech juggernauts like Nvidia Corp…
AI chip startup Cerebras files for IPO, in market dominated by Nvidia Read More »
While big platforms like Reddit have signed deals with the AI giants, YouTube leaves licensing in the hands of individual creators. The “License to Scrape” program aims to give those streaming stars proper leverage…
This Startup Wants YouTube Creators to Get Paid for AI Training Data Read More »
London-based Convergence has raised $12mn in pre-seed funding to further develop its personal AI agents, which can learn using long-term memory much like humans do. Behind the startup are machine learning engineers Marvin Purtorab (CEO) and Andy Toulis (CTO). The duo met at Shopify while working on recommender systems and AI assistants…
New UK startup raises $12M for personal AI agents with long-term memory Read More »
Medtech startup brings Oracle AI to bear on cancer drug research
Medtech startup brings Oracle AI to bear on cancer drug research Read More »
In an era of fast-evolving AI accelerators, general purpose CPUs don’t get a lot of love. “If you look at the CPU generation by generation, you see incremental improvements,” says Timo Valtonen, CEO and co-founder of Finland-based Flow Computing.Valtonen’s goal is to put CPUs back in their rightful…
Startup Says It Can Make a 100x Faster CPU Read More »
Amid the AI boom, data centres are consuming alarming amounts of electricity. They’re also responsible for 1% of global energy-related emissions. By 2030, their power demand could increase by 160%. Switzerland-based Lightium aims to provide a solution. The young startup announced today it has raised $7mn in seed funding to both accelerate the performance of
Swiss startup bets on photonic chips to cut data centre energy consumption Read More »
Paris-based AI startup Poolside is in discussions to raise nearly $500mn at a $3bn valuation, Bloomberg reports. Poolside is developing a ChatGPT-like large language model (LLM) that writes software code — but the business plan remains hush-hush. The company has yet to launch its first product…
French startup Poolside nears $3B valuation for AI that can write code Read More »
A Ukrainian startup forged by war is bringing counter-disinformation to the business world. Osavul was founded in 2022 to fight Russian propaganda. To analyse the threats, the company applied AI analytics to the information landscape. The startup surveys open-source data from social media, websites, and messaging apps…
Ukrainian startup plans to defend companies from disinformation with AI Read More »
French startup Mistral unveils Pixtral 12B, its first multimodal AI model that can process images and text…
French startup Mistral unveils Pixtral 12B, its first multimodal AI model Read More »
