AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation, sources tell Bloomberg, although the deal isn’t yet final and terms could change. Groq raised $640 million at a $2.8 billion valuation in August 2024, making this double the valuation in about a year. Groq previously […]
Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation Read More »
AI video-generating startups Luma and Runway are looking beyond movie studios. These video-generating AI companies have their sights set on other markets for future revenue streams and have been in talks with both robotics and self-driving car companies, according to reporting from The Information. The report didn’t identify which companies Luma and Runway are in
Luma and Runway expect robotics to eventually be a big revenue driver for them Read More »
Anthropic is nearing a deal to raise between $3 billion and $5 billion in funding, valuing the large language model developer at $170 billion, Bloomberg reported. Iconiq Capital is leading this funding round, but there’s a possibility of a second lead investor joining the deal. The company has also been in talks with Qatar Investment
Anthropic reportedly nears $170B valuation with potential $5B round Read More »
OpenAI announced Tuesday the launch of Study Mode, a new feature within ChatGPT that aims to help students develop their own critical thinking skills, rather than simply obtain answers to questions. With Study Mode enabled, ChatGPT will ask users questions to test their understanding, and in some cases, refuse to offer direct answers unless students engage with
OpenAI launches Study Mode in ChatGPT Read More »
Google announced on Tuesday that it’s adding new capabilities to AI Mode, its experimental feature that allows users to ask complex questions and follow-ups to dig deeper on a topic directly within Search. One of the new features, Canvas, helps you build study plans and organize information over multiple sessions in a side panel. For example,
Google’s AI Mode gets new ‘Canvas’ feature, real-time help with Search Live, and more Read More »
Microsoft is reportedly in advanced talks with OpenAI for a new agreement that would give it ongoing access to the startup’s technology even if OpenAI achieves what it defines as AGI, or advanced general intelligence. If the deal goes through, it would clear a key hurdle in OpenAI’s transition toward becoming a fully commercial enterprise.
Microsoft in talks to maintain access to OpenAI’s tech beyond AGI milestone Read More »
Julius AI, a startup that describes itself as an AI data analyst, announced it has raised a $10 million seed round led by Bessemer Venture Partners. Horizon VC, 8VC, Y Combinator, the AI Grant accelerator participated in the round along with several high-profile angel investors, including Perplexity CEO Aravind Srinivas, Vercel CEO Guillermo Rauch, and
AI data analyst startup Julius nabs $10M seed round Read More »
Harmonic, an AI startup co-founded by Robinhood CEO Vlad Tenev, announced Monday the beta launch of an iOS and Android chatbot app where users can access its AI model, Aristotle. With this launch, the company aims to broaden access to Aristotle, which Harmonic claims to offer “hallucination-free” answers for questions involving mathematical reasoning — a
Harmonic, the Robinhood CEO’s AI math startup, launches an AI chatbot app Read More »
With demand for AI-powered browsers on the rise, Microsoft on Monday launched a new feature in its Edge browser called Copilot Mode, which allows users to browse the web while being assisted by AI. The idea is that the AI can become a helper that can understand what the user is researching, predict what they
Microsoft Edge is now an AI browser with launch of ‘Copilot Mode’ Read More »
Anthropic says its rolling out new weekly rate limits for Claude to curb usage among subscribers who are running its AI coding tool, Claude Code, “continuously in the background, 24/7.” Anthropic says the rate limits also aim to stop a handful of users who are violating Claude’s usage policy by sharing accounts and reselling access
Anthropic unveils new rate limits to curb Claude Code power users Read More »
