Elon Musk’s AI startup, x.AI Corp., is nearing a deal to raise a massive $6 billion in a new funding round that would catapult the company’s valuation to a staggering $18 billion, according to a report from Bloomberg, citing an insider familiar with the matter. Originally slated to haul in a
Category: AI
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In the latest bid to bolster its corporate earnings, AI startup Anthropic on Wednesday unveiled its Claude mobile app and an upgraded version of its chatbot technology tailored for businesses. The rollout includes two enhancements for Claude: the introduction of a Claude Team plan and the debut of an iOS app. The
Meta has just unveiled Meta.AI, an AI assistant powered by its state-of-the-art Llama 3 technology. This launch is widely interpreted as a direct challenge to the dominance of OpenAI’s ChatGPT, signaling a shift towards a higher standard for AI-mediated communication. The introduction of Meta.AI closely follows the debut of Llama 3, Meta’s
In February, OpenAI made a big splash with the unveiling of Sora, an impressive AI tool that can transform text prompts into engaging videos. With Sora, users can breathe life into their ideas, watching as the AI crafts dynamic 60-second videos from brief text cues. But another player in town has
SiMa.ai, a Silicon Valley-based AI chip startup that makes ‘purpose-built’ AI chips for edge computing, has secured an additional $70 million in funding to launch its second-generation chipset, designed specifically for processing multimodal generative AI. This funding round follows a previous investment of $13 million, which included support from notable investors
Welcome to the AI wars people. Google and OpenAI are just the start. YouTube (owned by Alphabet, the parent company of Google as well) is taking a stance against OpenAI and its text-to-video AI, Sora. Sora is currently being trained, like every other AI, using the Internets vast trove of
Decentralized computing network io.net, fresh off its recent $30 million funding round, is partnering with the AI-driven design platform KREA. The collaboration promises to revolutionize AI-powered multimedia creation by harnessing io.net’s GPU computational power for KREA users. With a global shortage of GPUs posing challenges for AI operations, this alliance couldn’t come
