Artificial intelligence startup Symbolica, which develops foundation models to compete with ChatGPT creator OpenAI, announced a $31 million series A funding round led by Khosla Ventures on Tuesday. General Catalyst, Abstract Ventures and Buckley Ventures also participated in the round, the company said. Symbolica has created a framework that will enable it to develop alternatives to the transformer deep learning architecture, said Symbolica CEO George Morgan, who formerly worked at Tesla on...
Chip startup Rivos said on Tuesday it raised $250 million in a funding round that will enable it to manufacture its first server chip geared for artificial intelligence. Nvidia's combination of chips and CUDA software dominates the market for AI-related computing, and Nvidia gobbled up more than 80% market share of AI chips in 2023. But a host of startups and chip giants have started to launch competing products, such as Intel's Gaudi 3 and Meta's inference chip - both unveiled last week. Rivos...
Financial services software firm Aurionpro Solutions on Friday said it will acquire banking and insurance focused startup Arya.ai for $16.5 million (about Rs 138 crore).Under the all-cash deal, NSE-listed Aurionpro Solutions is set to acquire 67% stake in the Mumbai-based company. Platform-as-a-service Arya.ai, founded in 2013 by IIT Bombay graduates Vinay Kumar and Deekshith Marla, had raised about $2 million from investors such as YourNest, DMI Sparkle Fund and Venture Nursery. Most of these...
The U.S. Department of Transportation awarded Southern California’s commuter rail system $1.3 million to develop an artificial intelligence-powered security system to detect unexpected movement on Metrolink tracks. The technology would aim to automatically slow down or stop a train when cameras and sensors verified the presence of a person, vehicle or debris, Metrolink said about the proposed "track intrusion detection" system. The technology would integrate with existing GPS that notifies train...
Four out of five leaders and other execs want to learn more about how to use AI in their professional roles, but how can you craft it to also make diversity and inclusion a collective North Star?
Sama seeks to leverage AI to address safety concerns around generative AI and large language models through the launch of its newest offering, Sama Red Team.
Neysa, a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, has raised $20 million (about Rs 166 crore) in a funding round led by Matrix Partners India, Nexus Venture Partners and NTTVC.The company, the second venture of data centre services provider Netmagic founder Sharad Sanghi, said it will use the funds for expanding infrastructure required for strengthening its research and development team, and for sales and marketing.“When it comes to infrastructure and...
Roman Yampolskiy says there's a 99.999999% chance of humanity being wiped out, but Elon Musk puts it at 10-20%.
Google is shutting down access to its PaLM API and wants developers to use the paid Gemini 1.0 Pro instead.
Why we need more serious and deep discussions - now - about the tradeoffs of technology.
How can data scientists, AI engineers and cybersecurity professionals ensure their AI system is secure during development and avoid backlash?
What is the role of artificial intelligence for crop improvement? Questions about artificial intelligence are becoming more pressing in every discipline. For crop improvement, AI provides a new lens to bridge science and practice, according to Jianming Yu, one of the world's top-ranked scientists in the fields of quantitative genetics and plant breeding.