Former Y Combinator President Launches New AI Safety Fund
Geoff Ralston this week announced his return to a formal investment ring.
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Security Startup Pillar Raises $9 Million
Pillar Security startup raised $9 million in seed funding to expand its research and development and support its go-to-market efforts.
AI Startups Raise $73B in Q1
Over half of the quarterly AI startup investments were brought in by a March $40 billion funding round secured by the industry leader – OpenAI.
Agentic AI in E-Commerce
Even online shopping can be painstaking, given the manifold selection of products and e-commerce stores. If the mere thought of browsing through myriads of online shops’ inventory items, comparing prices and logistic options leaves you feeling exhausted – agentic AI is on its way to the rescue mission.
TSMC Reports Earnings
Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 17, maintained its annual revenue forecast after its profit for the last quarter exceeded preliminary expectations and became evidence that global consumer demand for artificial intelligence chips continues.
Anthropic Reportedly to Add Voice Capabilities to AI Assistant Claude
The media published information according to which Anthropic plans to add voice capabilities to its artificial intelligence assistant Claude.
Adobe Takes Stake in Startup Synthesia
Adobe has invested in the British artificial intelligence startup Synthesia, betting that this technology will transform video production.
Huawei Launches New AI Architecture
Huawei Technologies has launched a new artificial intelligence infrastructure architecture, which, according to the Asian country’s media, will compete with Nvidia’s offerings in addressing computing power bottlenecks.
Meta to Train Its AI on Public Social Media Content
Meta has received approval from the European regulator to train its artificial intelligence (AI) models on publicly available social media content.
Nvidia Plans to Manufacture Some AI Chips in US
Nvidia on Monday, April 14, announced that it has commissioned more than a million square feet of production space to build and test artificial intelligence chips in Arizona and Texas.
IEA Confirms Energy Use Surge to Meet AI Needs
Global electricity generation required to supply data centres will grow from 460 TWh in 2024 to over 1 000 TWh in 2030 and 1,300 TWh in 2035, by rough IEA estimations.
OpenAI to Phase Out GPT-4 From ChatGPT
OpenAI is soon to retire GPT-4, an artificial intelligence model that was launched more than two years ago, from ChatGPT.
Google to Leverage AI for More Resilient Electric Grids
Google will collaborate with PJM Interconnection and Tapestry to smartly manage and optimise interlinked power generation, making electric grids more reliable and affordable with the help of AI.
Newest Gemini AI Model Focuses on Efficiency
Google is releasing a new artificial intelligence model that is designed to deliver strong performance with a focus on efficiency.
Amazon CEO Says AI Costs to Come Down
Amazon chief executive officer Andy Jassy on Thursday, April 10, released his annual shareholder letter, in which he predicted that rapid advances around artificial intelligence along with increasing competition in the chip market will eventually bring down the costs associated with this cutting-edge technology.
Hong Kong’s Finance Sector Embraces GenAI
The adoption of generative artificial intelligence in Hong Kong’s financial sector is gaining momentum and shows steady signs that the process will continue.
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