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Artificial Intelligence

Reddit Targets $6.5 Billion Valuation in Upcoming IPO

The IPO's price range suggests a significant valuation drop from 2021's $10 billion, challenging the current stagnant public offering market.

March 4, 2024

Former Twitter Engineers Launch Particle: AI News Reader

The Startup Aims to Redefine News Reading, Ensures Publisher Compensation

February 29, 2024

Mistral AI Introduces Competitor to GPT-4 and ChatGPT

New AI model 'Mistral Large' and chat assistant 'Le Chat' launched, promising innovation and affordability in AI technology.

February 29, 2024

Project Music GenAI Control: Adobe Unveils Generative AI for Custom Audio Editing

New tool revolutionizes music creation with text prompts and precise editing capabilities for creators.

February 29, 2024

Nvidia Unveils RTX 500 and 1000 Ada GPUs for Mobile AI

These GPUs, built on the Ada Lovelace architecture, target content creators, researchers, and engineers, offering significant AI acceleration and graphics...

February 26, 2024

Reddit’s $203 Million Data Licensing Deals Propel Toward IPO

The identity of the AI vendors benefiting from Reddit's data remains undisclosed, though speculation suggests Google and OpenAI as potential...

February 23, 2024

Google Chrome Unveils Gemini AI-Powered Writing Assistant

Enhancing web writing with contextual AI, Chrome's new feature promises streamlined content creation across all platforms.

February 22, 2024

Intel-Microsoft $15B Custom Chip Deal Announced

Intel partners with Microsoft on a $15 billion deal to produce custom chips, enhancing Microsoft’s tech capabilities. This partnership, unveiled...

February 22, 2024

Revolut’s AI Feature Cuts Fraud Losses by 30%

This feature, developed by Revolut's internal financial crime team, employs machine learning to assess the risk of a transaction being...

February 19, 2024

OpenAI has finalized a deal that lets employees sell their shares, valuing the company at $86 billion.

This arrangement, spearheaded by Thrive Capital and reported by Bloomberg, cements OpenAI's status as a tech heavyweight.

February 19, 2024