Distributional, an AI testing platform founded by Intel’s former GM of AI software, Scott Clark, has closed a $19 million Series A funding round led by Two Sigma Ventures. Clark says that Distributional was inspired by the AI testing problems he ran into while applying AI at Intel, and — before that — his work at […]
Distributional raises $19M to automate AI model and app testing Read More »
Chipmaker Nvidia notched $30 billion in revenue last fiscal quarter, driven in large part by the AI industry’s insatiable demand for GPUs. GPUs are essential for training and running AI models; they contain thousands of cores that work in parallel to quickly perform the linear algebra equations scaffolding the models. The appetite for AI remains
TensorWave thinks it can break Nvidia’s grip on AI compute with an AMD-powered cloud Read More »
Many screenwriters have embraced modern tools over traditional PDFs to craft their film or TV show pilots. SoCreate, the latest entrant in the screenwriting software arena, is challenging established players like Final Draft and Celtx with its fresh approach to storytelling. And, notably, generative AI imagery is involved. SoCreate offers many of the same features
AI tends to make things up. That’s unappealing to just about anyone who uses it on a regular basis, but especially to businesses, for which fallacious results could hurt the bottom line. Half of workers responding to a recent survey from Salesforce say they worry answers from their company’s generative AI-powered systems are inaccurate. While
Voyage AI is building RAG tools to make AI hallucinate less Read More »
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 »
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 »
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 »
Businesses need stability to thrive. Unfortunately for anyone in Sudan, stability has been hard to come by for the past year and a half as the country quakes amidst a raging civil war. More than 20,000 people have been killed, and about 7.7 million people have been displaced just within the country; millions have had
In war-torn Sudan, a displaced startup incubator returns to fuel innovation Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! I’ve been thinking a bit about time — and specifically what trends, music, cultural practices, and even ways we move around that encapsulate a season or particular
