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.
On Wednesday, December 4, Meta announced plans to invest $10 billion to set up an artificial intelligence data center in Louisiana.
Citigroup on Wednesday, December 4, began the process of rolling out new artificial intelligence tools for its employees.
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, 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.
The startup Stackfix, which was founded by pioneers in the area of artificial intelligence, raised $3 million in seed funding.
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 has secured approval to test its Apollo Go robotaxi service in Hong Kong, extending its autonomous vehicle operations beyond mainland China.
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 has closed a seed round supporting its virtual platform powered by artificial intelligence, which helps businesses, educators, and creators to produce videos.
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.
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.
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.
French telecommunications giant Orange announced on Tuesday, November 26, that it is collaborating with OpenAI and Meta to develop custom artificial intelligence models designed to better understand regional African languages.
Pyramid Analytics, an artificial intelligence business analytics company, announced last Monday, November 25, that it had raised $50 million in new funding from BlackRock, the world’s largest asset manager.
Commerce platform WEX has launched new artificial intelligence enhancements to its benefits administration offering.
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