ChatGPT maker OpenAI has closed the largest VC round of all time. The startup today announced that it raised $6.6 billion in a funding round that values OpenAI at $157 billion post-money. Led by previous investor Thrive Capital, the new cash brings OpenAI’s total raised to $17.9 billion, per Crunchbase. Microsoft, Nvidia, SoftBank, Khosla Ventures, […]
OpenAI raises $6.6B and is now valued at $157B Read More »
Poolside, the AI-powered software dev platform, has raised half a billion dollars in new capital. The cash came in the form of a Series B led by Bain Capital Ventures, which also had participation from a who’s who of big tech firms including eBay (via eBay Ventures) and Nvidia. It brings Poolside’s total raised to
AI coding startup Poolside raises $500M from eBay, Nvidia and others Read More »
Durk Kingma, one of the lesser-known co-founders of OpenAI, today announced that he’ll be joining Anthropic. In a series of posts on X, Kingma revealed that he’ll be working mostly remotely, from the Netherlands (where he’s based), but didn’t say which Anthropic org he’ll be joining — or leading. Reached for comment, an Anthropic spokesperson
Anthropic hires OpenAI co-founder Durk Kingma Read More »
Sometimes, a demo is all you need to understand a product. And that’s the case with Runware. If you head over to Runware’s website, enter a prompt and hit enter to generate an image, you’ll be surprised by how quickly Runware generates the image for you — it takes less than a second. Runware is
Runware uses custom hardware and advanced orchestration for fast AI inference Read More »
Sometimes, a pivot ends up being the smartest decision company leaders can make. See Netflix’s pivot from DVDs to streaming, or Corning’s pivot from lightbulbs to touchscreens. The list of extremely successful startup pivots goes on. And on. And on. A less-prominent (but by no means failed) pivot is Numa’s. Its co-founders killed the startup’s
Numa raises $32M to bring AI and automation to car dealerships Read More »
A week after announcing a wave of updates for its enterprise suite of Copilot AI-powered products, Microsoft is launching new Copilot capabilities on Windows for all users, including a tool that can understand and respond to questions about what’s on your screen. Refreshed Copilot apps for iOS, Android, Windows and the web are rolling out
Microsoft Copilot can now read your screen, think deeply, and speak aloud to you Read More »
Microsoft is going to pay publishers for content that will appear in Copilot Daily, a new feature of its Copilot AI-powered, cross-platform assistant. Copilot Daily, announced on Tuesday alongside other Copilot upgrades, gives users a spoken summary of the weather and current events. Alexa and Google Assistant have long delivered similar daily briefs, but Microsoft
Microsoft starts paying publishers for content surfaced by Copilot Read More »
An alternative to the neural network architectures at the heart of AI models like OpenAI’s o1 is having a moment. Called symbolic AI, it uses rules pertaining to particular tasks, like rewriting lines of text, to solve larger problems. Symbolic AI can deftly tackle some problems that neural networks struggle with. And recent research has shown
Augmented Intelligence claims its symbolic AI can make chatbots more useful Read More »
ChatGPT could get more expensive to use in coming years. The New York Times, citing internal OpenAI docs, reports that OpenAI is planning to raise the price of individual ChatGPT subscriptions from $20 per month to $22 per month by the end of the year. A steeper increase will come over the next five years;
OpenAI might raise the price of ChatGPT to $22 by 2025, $44 by 2029 Read More »
A company that claims its tech can “revolutionize” emergency calls has raised $27 million in a Series B round led by Andreessen Horowitz. The company, Prepared, enables 911 dispatchers to get a caller’s real-time GPS location if their phone supports it. Via Prepared, dispatchers can also receive and respond to texts and images, and —
Prepared, which wants to ‘revolutionize’ emergency 911 calls, raises $27M Read More »
