AI

AI-powered stuffed animals are coming for your kids

Do A.I. chatbots packaged inside cute-looking plushies offer a viable alternative to screen time for kids? That’s how the companies selling these A.I.-powered kiddie companions are marketing them, but The New York Times’ Amanda Hess has some reservations. She recounts a demonstration in which Grem, one of the offerings from startup Curio, tried to bond […]

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ChatGPT’s mobile app has generated $2B to date, earns $2.91 per install

ChatGPT’s mobile app is raking in the revenue. Since launching in May 2023, ChatGPT’s app for iOS and Android devices has reached $2 billion in global consumer spending, according to a new analysis by app intelligence provider Appfigures. That figure is approximately 30-times the combined lifetime spending of ChatGPT’s rivals on mobile, including Claude, Copilot,

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U.S. government is reportedly in discussions to take stake in Intel

The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a

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Cohere hits a $6.8B valuation as investors AMD, Nvidia, and Salesforce double down

Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up from the $5.5 billion valuation it landed a little over a year ago when it raised its previous round, also $500 million. Toronto-headquartered Cohere was one of the first breakout LLM model makers,

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Buzzy AI startup Multiverse creates two of the smallest high-performing models ever

One of Europe’s most prominent AI startups has released two AI models that are so tiny, they have named them after a chicken’s brain and a fly’s brain. Multiverse Computing claims these are the world’s smallest models that are still high performing and can handle chat, speech, and even reasoning in one case.  These new

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Cohere hires long-time Meta research head Joelle Pineau as its chief AI officer

Investors once saw Canadian AI startup Cohere as a promising contender to challenge OpenAI and Anthropic in the race to build frontier AI models, with its backers pouring roughly $1 billion on their bet on CEO Aidan Gomez, who co-authored a seminal paper on LLMs when he was a 20-year-old Google intern. But Cohere’s AI

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