Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg, the round values Liquid AI at over $2 billion. Liquid AI aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. Liquid […]
Liquid AI just raised $250M to develop a more efficient type of AI model Read More »
AI models that understand videos as well as text can unlock powerful new applications. At least, that’s what Jae Lee, the co-founder of Twelve Labs, believes. Granted, Lee’s a little biased. Twelve Labs trains video-analyzing models for a range of use cases. But there may just be something to his assertion. Using Twelve Labs’ models,
Twelve Labs is building AI that can analyze and search through videos Read More »
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 »
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 »
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 »
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 »
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
Cyberattacks are on the rise. In Q1 2024, organizations experienced an average of around 1,300 attacks per week. The cost of attacks is climbing, as well. Per Statista, cybercrime-related losses could surge to over $13 billion by 2028. Software is one way to combat these attacks. Hardware is another. Startup Axiado is a proponent of
Axiado claims its chip can prevent cyberattacks Read More »
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 »
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
