Israeli AI chipmaker Hailo is making waves again, securing a hefty $120 million in fresh funding. This latest round pushes the company’s valuation to $1.2 billion, reaffirming its position as a formidable player in the tech landscape. Alongside the funding, the company has unveiled its latest high-performance generative AI chip. This funding
Category: AI
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Google.org, the philanthropic arm of Google, today announced the launch of the Google.org Accelerator: Generative AI, a dynamic six-month program designed to bolster nonprofits engaged in pioneering applications of generative AI. The initiative comes hand in hand with a substantial $20 million funding commitment dispersed across the participating projects. The inaugural
The race to dominate the AI space heats up as NeuReality, an Israeli startup, secures a massive $20 million in funding from global backers. Investors are flocking to promising generative AI ventures, eager to challenge established players in the field. Today, NeuReality stands at the forefront of this funding frenzy, poised to reshape
In a bid to address the widespread challenge of loneliness among millions of seniors, South Korean startup Hyodol AI has launched a $1,800 AI-powered companion doll specifically designed to offer emotional support and companionship to the rapidly expanding elderly demographic in the country. This move positions Hyodol AI at the forefront of
A former Google software engineer has been charged for allegedly stealing artificial intelligence trade secrets from the tech giant while secretly working for two Chinese AI startups located in China without Google’s knowledge, the Justice Department (DOJ) announced on Wednesday. Linwei Ding, a Chinese national, was arrested in Newark, California. He now faces charges
The AI frenzy ignited by the launch of ChatGPT shows no signs of slowing down as investors continue to inject billions into groundbreaking generative AI startups. The newest addition to this trend is UK-based AI startup Fluent, which has just secured a significant amount of funding for its data analytics platform
Midjourney continues to be one of the best, if not the best, AI image generators that you can use. I’ve been using Midjourney for a while now and the results are astounding and it’s crazy to see how far the algorithm has come. Now, the company has started rolling out
