Startup Cohere to Prioritize Customized AI Models
Canadian startup Cohere, which operates in the artificial intelligence industry, focuses on the development of tailored AI models for enterprise users.
AI
AI Startup iGenius Builds Supercomputer for Financial Services
Startup iGenius, which operates in the area of artificial intelligence, is currently building one of the world’s largest Nvidia DGX AI supercomputers with Nvidia Grace Blackwell superchips.
OpenAI Launches $200 ChatGPT Subscription
OpenAI on Thursday, December 5, launched a version of its popular chatbot ChatGPT worth $200 per month.
Elon Musk’s xAI Raises Around $6 Billion
Founded by Elon Musk last year, startup xAI, which operates in the space of the artificial intelligence industry, on Thursday, December 5, announced that it had managed to raise about $6 billion in equity financing.
Meta to Invest $10 Billion for New Data Center
On Wednesday, December 4, Meta announced plans to invest $10 billion to set up an artificial intelligence data center in Louisiana.
Citigroup Rolls Out AI Tools for Employees
Citigroup on Wednesday, December 4, began the process of rolling out new artificial intelligence tools for its employees.
MCB Bank & BPC to Enhance Security With AI-Driven SmartVista Solution
SmartVista Fraud Risk Management solution will safeguard MCB Bank financial transactions with advanced AI fraud detection capabilities, real-time transaction monitoring, behavioural profiling, and machine learning-based risk assessment.
Mesolitica Develops LLM for Malaysian GenAI Assistants on AWS
Mesolitica, a Malaysian startup focused on developing large language models (LLMs), has created a generative AI LLM designed for the Malaysian language, leveraging one of the world’s leading cloud platforms – AWS.
Stackfix Raises $3 Million
The startup Stackfix, which was founded by pioneers in the area of artificial intelligence, raised $3 million in seed funding.
Amazon Presents New Slate of AI Models
Amazon has announced a new slate of artificial intelligence platforms, known as foundation models, which, among other things, allow users to generate text materials, images, and videos.
Baidu to Test Robotaxi Service in Hong Kong
Baidu has secured approval to test its Apollo Go robotaxi service in Hong Kong, extending its autonomous vehicle operations beyond mainland China.
How Online Payment Trends Affect Holiday Shopping
Holiday shopping patterns continuously change reflecting macroeconomic realities, consumer behaviour shifts, and the constant evolution of payment methods. As the season of joy is approaching, we cannot help but wonder what changes current online payment trends have brought to the holiday shopping routine.
Argil Raises $5.2 Million
Argil has closed a seed round supporting its virtual platform powered by artificial intelligence, which helps businesses, educators, and creators to produce videos.
Mistral AI Reportedly Eyes US Expansion
The media reports that currently the French startup Mistral AI, which operates in the artificial intelligence industry, is stepping up its expansion efforts in the United States to compete with technology giants based in Silicon Valley.
SoftBank Reportedly Seeks to Buy $1.5 Billion OpenAI Shares
The media, citing insiders, reported that SoftBank Group Corp. seeks to increase its stake in OpenAI by acquiring shares worth up to $1.5 billion from employees of this startup.
AWS Projects Cloud & AI to Contribute $12T to Global GDP
Amazon Web Services (AWS) estimates that cloud computing and the adoption of artificial intelligence (AI) will tremendously affect global economies, unlocking multi-trillion GDP growth opportunities.
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