Stability AI laid off several employees to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.
Making life better for people with disabilities is a laudable goal, but accessibility tech hasn’t traditionally been popular among VCs. In 2022, disability tech companies attracted around $4 billion in early-stage investments, which was a fraction of fintech’s intake, for example. One reason is that disability tech startups are often considered too niche to attain […] © 2024 TechCrunch. All rights reserved. For personal use only.
An AI start-up linked to work on generative AI by AWS faced troubled times, with reports it was cutting staff a matter of weeks after its CEO departed.
As well as making available their new Stable Diffusion 3 API last month during April 2024, stability AI has also released a beta version of its latest Stable Assistant for artificial intelligent (AI) enthusiasts and users to enjoy. Stable Assistant is powered by the innovative technologies of Stability AI’s Stable Diffusion 3 and Stable LM […]
AI computing firm Blaize said on Monday it has raised $106 million in funding, including from existing investors such as Mercedes-Benz and Temasek. Other existing investors such as Bess Ventures, Franklin Templeton and Denso, besides new investors such as Rizvi Traverse, Ava Investors and BurTech LP also participated in the fundraising, the company said in a statement, without disclosing the details on its valuation. The fundraise reflects the frenzy that had helped the AI sector attract a major...
We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way and money the other. We also dug into the xAI […] © 2024 TechCrunch. All rights reserved. For personal use only.
Former Stanford president, Marc Tessier-Lavigne, is the CEO of new biopharma startup, Xaira. The startup already has $1 billion in investments and seeks to use AI to generate molecules to treat diseases.
What to watch for in Q1 reports from Nvidia, Microsoft, Amazon, Broadcom,
Amazon Bedrock update brings new custom model and guardrails capabilities to help deploy and secure generative AI in the cloud.
For centuries, farmers used almanacs to try to understand and predict weather patterns.Now, a new crop of Latin American startups is helping do that with artificial intelligence, promising a farming revolution in agricultural giants like Brazil, the world's biggest exporter of soybeans, corn and beef.Aline Oliveira Pezente, a 39-year-old entrepreneur from the Brazilian state of Minas Gerais, was working at agriculture company Louis Dreyfus Commodities when she noticed a problem in how the...
Peloton announced Thursday that CEO Barry McCarthy will be stepping down
Ahead of Google's annual I/O developer conference in May, the tech giant