funding

Cartesia claims its AI is efficient enough to run pretty much anywhere

Startups /

It’s becoming increasingly costly to develop and run AI. OpenAI’s AI operations costs could reach $7 billion this year, while Anthropic’s CEO recently suggested that models costing over $10 billion could arrive soon. So the hunt is on for ways to make AI cheaper. Some researchers are focusing on techniques to optimize existing model architectures — i.e. […]

Cartesia claims its AI is efficient enough to run pretty much anywhere Read More »

Trump’s proposed university endowment tax could hurt funding, VC warns

Venture /

Some VCs are looking at the Trump administration’s proposed massive tax increase on university endowments with alarm, warns Ann Miura-Ko, co-founder at Floodgate Partners. “There is a proposal right now to take the endowment tax from 1.4 percent to 35 percent and most people would say, well endowments are super rich, why do we care?  Well, they

Trump’s proposed university endowment tax could hurt funding, VC warns Read More »

Stainless helps build SDKs for OpenAI, Anthropic, and Meta

Fundraising /

Devs expect tech vendors to supply software development kits, or SDKs, alongside their products to make it easier to create apps using those products. But many vendors only offer APIs, which are simply protocols that enable software components to communicate with each other. Alex Rattray, the founder of Stainless, thinks AI can assist, here. Stainless

Stainless helps build SDKs for OpenAI, Anthropic, and Meta Read More »

Elon Musk’s xAI lands billions in new cash to fuel AI ambitions

Startups /

xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing. 97 participated, but the document doesn’t reveal their identities. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion

Elon Musk’s xAI lands billions in new cash to fuel AI ambitions Read More »

Nectir lets teachers tailor AI chatbots to provide their students with 24/7 educational support

Startups /

Over a hundred colleges and high schools are turning to a new AI tool called Nectir, allowing teachers to create a personalized learning partner that’s trained on their syllabi, textbooks, and assignments to help students with anything from questions related to their coursework to essay writing assistance and even future career guidance.  The company announced

Nectir lets teachers tailor AI chatbots to provide their students with 24/7 educational support Read More »

Tuskira unifies and optimizes disparate cybersecurity tools

Fundraising /

Cyberattacks are on the rise, and the victims are high-profile. According to a KPMG survey, close to half of companies with $1 billion or more in annual revenue recently suffered a security breach. Surprisingly, an overabundance of security tools may be contributing to the problem. In a separate poll, 43% of businesses said their teams

Tuskira unifies and optimizes disparate cybersecurity tools Read More »

This ex-Scale AI leader built a platform to automatically extracts insights from customer feedback

Fundraising /

In this hyperconnected world we live in, it’s easier than ever to send feedback to the companies we patronize. But just because businesses offer more ways to get in touch doesn’t mean they’re poring over every comment. According to a 2020 survey from Productboard, 90% of companies fail to successfully capture feedback from all channels

This ex-Scale AI leader built a platform to automatically extracts insights from customer feedback Read More »

StoreCash’s new app lets you instantly earn cash back at stores

Apps /

Daricus Releford always wanted to be a founder.  In high school, he ran a hot dog station and in college launched a chocolate-covered strawberry business, making millions in sales before moving to Silicon Valley to pursue his dreams in tech. Entrepreneurship simply runs in his family, he told TechCrunch. “My grandfather was one of the

StoreCash’s new app lets you instantly earn cash back at stores Read More »