AI

SleekFlow snaps up $7M to tap the conversational AI opportunity across Asia  

SleekFlow, a Singapore- and Hong Kong-headquartered social commerce platform that has built a conversational AI suite for customer engagement targeted to Asian markets, said Wednesday it had secured a further $7 million in funding. The money will be used to continue developing its AI, as well as penetrate deeper into Southeast Asia and the Middle

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Is your company AI-washing? Rippling founder Parker Conrad thinks it might be.

Parker Conrad, founder of Rippling, an HR startup valued at $13.5 billion, shared some interesting thoughts about AI during a recent appearance on our Found podcast.  “No one actually wants to chat with their HR software beyond the sort of novelty of like, oh, my gosh, it responds to me,” he said. He also thinks

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OpenAI signs deal to train on Condé Nast content, surface stories in ChatGPT

OpenAI has inked a deal with Condé Nast — the publisher of storied outlets such as The New Yorker, Vogue, Vanity Fair, Bon Appétit and Wired — to surface stories from Condé Nast properties in OpenAI’s AI-powered chatbot platform ChatGPT and its search prototype SearchGPT. The specific terms of the partnership weren’t disclosed. But in

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Defcon AI closes $44M seed round to solve a problem of ‘maximum complexity’: Military logistics

The U.S. Department of Defense is a mammoth organization. It not only employs millions of service members and hundreds of thousands of civilian employees, but also has the world’s largest military budget that’s used to buy and maintain more equipment than can likely fit into a single paragraph.  It’s a lot to coordinate. Operators within

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What margins? AI’s business model is changing fast, says Cohere founder

OpenAI and Anthropic spend billions of dollars a year training models like GPT-4 and Claude, but competitive price dumping is making the business around these platforms rather precarious. Aidan Gomez, CEO of competing AI provider Cohere, says that selling access to models is quickly becoming a “zero margin business” in a podcast appearance on Monday.

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AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play

AMD, the chipmaker hot on the heels of Nvidia, today announced a big acquisition to boost its position as an “ecosystem” partner for companies building big AI businesses: it is acquiring ZT Systems, which provides compute design and infrastructure for AI, cloud and general purpose computing, for $4.9 billion. The deal is a mix of

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