AI

Didero is using AI to solve supply chain management at mid-market companies

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Supply chain management remains a stubborn problem for many mid-market companies, who can’t afford SAP or lack sufficient IT resources to manage a complex program. Didero, an early stage startup, decided to build an AI-fueled tool to make it easier on them. Today, the company announced a $7 million seed investment. While it was at […]

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Menlo Ventures and Anthropic team up on a $100M AI fund

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Silicon Valley VC firm Menlo Ventures, one of the biggest investors in artificial intelligence startup Anthropic, on Wednesday said the two companies are teaming up to set up a $100 million initiative dubbed “the Anthology Fund” to invest in pre-seed and Series A artificial intelligence companies. Menlo recently climbed to the top of Anthropic’s list

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After Tesla and OpenAI, Andrej Karpathy’s startup aims to apply AI assistants to education

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Andrej Karpathy, former head of AI at Tesla and researcher at OpenAI, is launching Eureka Labs, an “AI native” education platform. In tech speak, that usually means built from the ground up with AI at its core. And while Eureka Labs’s AI ambitions are lofty, the company is starting with a more traditional approach to

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Whistleblowers say OpenAI employs ‘restrictive’ NDAs

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Trouble could be on the horizon for OpenAI. A group of whistleblowers accused OpenAI of requiring its employees to sign illegally restrictive non-disclosure agreements, or NDAs. The lawyers representing these whistleblowers sent a letter to SEC chair Gary Gensler, alleging that OpenAI’s contracts with current and former employees could illegally prevent them from alerting government

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Microsoft faces UK antitrust probe after hiring Inflection AI founders and employees

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Microsoft is facing a full regulatory probe in the U.K. after the tech giant hired the core team behind Inflection AI, a U.S.-based OpenAI rival Microsoft had previously invested in. The Competition and Markets Authority (CMA) today announced that it’s launching a “phase 1” merger inquiry, which kicks off a 40-working day investigative period where it

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Presti uses generative AI to improve product photography in the furniture industry

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If you’ve ever bought a sofa on an online store, have you thought about the homes that you can see in the background? When it’s time to release a new collection, furniture brands usually spend a small fortune on photo shoots. It’s a cumbersome and expensive process as it’s not easy to move furniture around.

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Google’s talks to buy Wiz, and the gap between AI spending and AI revenue

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On today’s episode of Equity, Rebecca Bellan explored Google’s reported talks to acquire Wiz, a cloud security company, for around $23 billion. Wiz provides an “all-in-one approach to cloud security,” pulling data from Amazon Web Services, Microsoft Azure, Google Cloud and others, then scanning it all for security risk factors — something that Google might

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