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...
Wagestream, a flexible benefits platform used by Asda, Burger King and Bupa, has closed a £17.5m funding round. Founded in 2018, Wagestream is a platform for shift workers to access earnings from completed work before designated paydays. Wagestream also offers users debt advice and savings options. The company said a significant portion of its users […]
AI may be inching its way into the newsroom, as outlets like Newsweek, Sports Illustrated, Gizmodo, VentureBeat, CNET and others have experimented with articles written by AI. But while most respectable journalists will condemn this use case, there are a number of startups that think AI can enhance the news experience — at least on […] © 2024 TechCrunch. All rights reserved. For personal use only.
Elon Musk's AI company xAI will raise billions from tech VCs.
Hugging Face has published a new leaderboard and benchmark for evaluating generative AI models on health-related tasks and questions. © 2024 TechCrunch. All rights reserved. For personal use only.
xAI, Elon Musk's artificial intelligence startup aiming to rival ChatGPT developer OpenAI, is set to close a massive $6 billion funding round that values the 10-month-old company at a staggering $18 billion.
Nooks received new funding for its AI platform helping salespeople have more productive calls.
Club’s losses reduced by property deal with sister companyChelsea would have lost £166.4m without hotel salesPremier League clubs reacted with exasperation after seeing that Chelsea eased their financial position with the £76.5m sale of two hotels to a sister company in a deal that appears to have helped the club avoid a breach of profitability and sustainability rules (PSR).Chelsea’s accounts, published last weekend, revealed the club made a loss of £89.9m in the last financial year. That...
There has been much evolution in the personalized phone protector market, but nothing has truly captured screens yet. © 2024 TechCrunch. All rights reserved. For personal use only.
CARV, the largest modular data layer for gaming and AI, today announced a $10M Series A on the heels of its recent strategic funding round. With this
The United States Chamber of Commerce’s US-India Business Council (USIBC) on Thursday convened its first Artificial Intelligence (AI) Task Force, which met virtually to discuss cross-sector collaboration in the context of AI's growing prominence. Meta was named co-chair of the task force.USIBC also announced that Infosys, UPS and BNY Mellon joined its AI Board Advisory Committee. “This expansion aims to strengthen USIBC’s efforts in driving collaboration and innovation in the rapidly evolving...
The fundraising attracted participation from Distributed Global, CoinFund, Compound VC, Collab + Currency and Protocol Labs.