Glean, an artificial intelligence search startup, has raised $260 million in Series E funding, increasing its valuation to $4.6 billion. The round was led by Altimeter and DST Global, with continued support from several other investors. The company has introduced new features allowing users to craft multi-step prompts in natural language, eliminating the need for coding expertise. Founded in 2019 by CEO Arvind Jain and former Google engineers, Glean's total funding now stands at over $600 million.
AIGlean | Rating: 62 | 2024-09-11 01:20:28 PM |
Berlin-based deep-tech startup Key Ward has emerged from stealth mode with €1 million in pre-seed funding from Wellstreet and industry veterans. The company plans to expand its technology globally to become the leading platform for engineers seeking to improve and accelerate their design processes. Key Ward offers a no-code SaaS platform for engineering teams in industries like automotive and aerospace to easily integrate AI and manage compliance.
AIKey Ward | Rating: 60 | 2024-09-10 05:30:22 PM |
Startups tend to follow new trends and technologies. In the early 2000s, social media and dating apps became popular. In 2024, companies are looking to make the most of innovations in technology, with new ideas and ways of doing things.
AItechstartups | Rating: 46 | 2024-09-10 04:00:43 PM |
Elon Musk notes that technology doesn't automatically improve over time, and AI's shift is driven by a large number of highly skilled people working hard for a prolonged period. AI appeared to emerge suddenly in November 2022, but understanding its landscape is crucial to grasp the changing venture capital landscape.
AIMusk | Rating: 51 | 2024-09-09 03:53:13 PM |
Io.net has expanded its partnership with Nesa to power decentralized AI model development. The collaboration, which began in April, has grown quickly, with io.net providing vast GPU resources to support Nesa's network. The partnership has exceeded initial projections, with io.net's 48x A100 GPUs playing a key role in Nesa's growth.
AIIo.net | Rating: 58 | 2024-09-05 05:08:28 PM |
Amazon's AI-powered virtual assistant, Alexa, sparked controversy after giving inconsistent responses about voting preferences between Vice President Kamala Harris and former President Donald Trump. The discrepancies were discovered when major news outlets and social media users tested Alexa's responses across different speaker models. Alexa consistently declined to provide an endorsement for Trump, stating 'I cannot promote content that supports a particular political party or politician'.
PoliticsAmazon | Rating: 44 | 2024-09-05 12:47:58 AM |
Ilya Sutskever, former chief scientist and co-creator of ChatGPT-4, has raised $1 billion for his new AI venture, Safe Superintelligence (SSI), backed by high-profile investors including Andreessen Horowitz, Sequoia Capital, DST Global, SV Angel, and NFDG. SSI's mission is to pursue safe superintelligence with a singular focus on one goal and one product. The company is hiring and has shared its funding news on Twitter.
AIOpenAI | Rating: 84 | 2024-09-04 06:07:57 PM |
Nvidia's market value plummeted by $279 billion on Tuesday, the largest single-day decline in U.S. history, amid growing investor caution around the AI sector. The chip giant's stock fell 9.5% as the U.S. Department of Justice escalated its antitrust investigation into the company, issuing subpoenas to Nvidia and other companies.
AINVIDIA | Rating: 62 | 2024-09-04 12:17:51 PM |
Cyprus-based tech startup Placy has secured €1 million in pre-seed funding from Zubr Capital to advance its AI-powered tool, which automates tasks in the real estate industry. The tool includes property valuations, research, viewing schedules, and agreement drafting. Zubr Capital has also backed successful ventures like Palta and MediaCube.
AIPlacy | Rating: 43 | 2024-09-03 02:08:11 PM |