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Artificial Intelligence

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

Reddit Strikes $60M Deal to Train AI with User Posts

In the midst of the AI sector's surge, a critical resource emerges: human-generated data.

February 19, 2024

SoftBank's Ambitious $100 Billion AI Chip Venture to Rival Nvidia

Masayoshi Son is rallying investors for a venture to challenge Nvidia's dominance in AI chips, aiming to complement Arm Holdings.

February 19, 2024

Apple to Launch AI-Powered Coding Assistant in Xcode

This move places Apple in direct competition with Microsoft's GitHub Copilot, showcasing a commitment to enhancing developer productivity through automation.

February 16, 2024

Lambda Secures $320M Series C, Surges to $1.5B Valuation

Specializing in cloud computing services and hardware essential for AI software training, Lambda has positioned itself as a pivotal provider...

February 15, 2024

Google Unveils Gemini 1.5

Next-gen model promises vast improvements and a colossal context window.

February 15, 2024