AI

Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale

Enterprise /

TrueFoundry, a startup run by a group of former Meta engineers to help enterprises deploy AI systems at scale, has raised $19 million in fresh investment led by Intel Capital. With GenAI’s emergence following the launch of ChatGPT in November 2022, enterprises of all sizes have looked at ways they could embrace AI. But GenAI […]

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Lyft’s new AI customer assistant is powered by Anthropic’s Claude

AI /

Ride-hail giant Lyft has partnered with AI startup Anthropic to build an AI assistant that handles initial intake for customer service inquiries for both riders and drivers.  It’s the first phase of a broader collaboration between the two companies to use Anthropic’s services to research and test new Lyft products and build software internally. The

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Aiming to accelerate product design with AI, Trace.Space raises a seed round

Fundraising /

Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally deployed, but now startups are joining the arena, powered by generative AI. One such is Trace.Space, coming out of Riga,

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These researchers used NPR Sunday Puzzle questions to benchmark AI ‘reasoning’ models

AI /

Every Sunday, NPR host Will Shortz, The New York Times’ crossword puzzle guru, gets to quiz thousands of listeners in a long-running segment called the Sunday Puzzle. While written to be solvable without too much foreknowledge, the brainteasers are usually challenging even for skilled contestants. That’s why some experts think they’re a promising way to

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Musk moves to dismiss suit over Tesla’s alleged use of AI-generated ‘Blade Runner’ imagery

AI /

Attorneys for Elon Musk intend to move to dismiss a case that accuses the Tesla CEO, who is also the head of President Donald Trump’s DOGE organization, of using AI-generated, copyright-violating “Blade Runner”-inspired images at a Tesla press event. In a filing submitted to the U.S. District Court Central District of California, Western Division late

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Cherry Ventures raises a new $500M fund for early stage and beyond, but will it be enough?

Venture /

It’s sometimes said that European VC doesn’t have the firepower to compete with VCs in the U.S., which regularly raise billion-dollar+ funds these days. Perhaps further evidence of this view persists in the news that Berlin-based Cherry Ventures has closed its latest fund at $500 million, to be split between early-stage rounds and follow-on rounds

Cherry Ventures raises a new $500M fund for early stage and beyond, but will it be enough? Read More »

AMD pulls up the release of its next-gen data center GPUs

Enterprise /

AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally announced. During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter, and “accelerate” production shipments to “mid-year.” “So, we had

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