Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare? […]
Here are the 24 US AI startups that have raised $100M or more in 2025 Read More »
Amazon CEO Andy Jassy is betting that generative AI will change how the company thinks about its workforce in the future. Jassy said that as the company continues to roll out more AI agents, and thus change how the company’s work is done, he expects Amazon will reduce the number of corporate jobs needed in
Amazon expects to reduce corporate jobs due to AI Read More »
AMD is continuing its acquisition spree. Semiconductor giant AMD acqui-hired the team behind Untether AI, a startup that develops AI inference chips, as originally reported by CRN. Untether claims that their chips are faster and more energy-efficient than their rivals. The terms of the deal weren’t disclosed. Toronto-based Untether was founded in 2018 and has
AMD acqui-hires the employees behind Untether AI Read More »
Tech giant Amazon plans to launch a new group within its consumer product division that will focus on agentic AI. Amazon announced this new research and development group at an event on Wednesday, according to reporting from CNBC. This group will be based out of Lab126, Amazon’s hardware R&D division that is behind tech including
Amazon launches new R&D group focused on agentic AI and robotics Read More »
Collibra, a data governance platform based in Brussels, is the latest enterprise to acquire a data company in order to expand its offerings in the age of AI. On Thursday, Collibra announced its acquisition Raito, a data access startup founded in 2021. Raito, also located in Brussels, helps companies manage which employees and customers have
Collibra acquires data access startup Raito Read More »
AI dev platform Hugging Face continued its push into robotics on Thursday with the release of two new humanoid robots. The company announced a pair of open-source robots, HopeJR and Reachy Mini. HopeJR is a full-size humanoid robot that has 66 actuated degrees of freedom, or 66 independent movements, including the ability to walk and
Hugging Face unveils two new humanoid robots Read More »
As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell
Nvidia expects to lose billions in revenue due to H20 chip licensing requirements Read More »
Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities. The announcement, made Tuesday, comes about a year after early rumors of the acquisition sent both companies’ stock prices sliding. At the time, Informatica denied it
Salesforce acquires Informatica for $8 billion Read More »
Artificial intelligence is a deep and convoluted world. The scientists who work in this field often rely on jargon and lingo to explain what they’re working on. As a result, we frequently have to use those technical terms in our coverage of the artificial intelligence industry. That’s why we thought it would be helpful to
From LLMs to hallucinations, here’s a simple guide to common AI terms Read More »
Teddy Warner, 19, has always been interested in robotics. His family was in the industry, and he says he “grew up” working in a machinist shop while in high school. Now Warner is building a robotics company of his own, Intempus, that looks to make robots a bit more human. Intempus is building tech to
Why Intempus thinks robots should have a human physiological state Read More »
