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...
Qureight, a Cambridge-based health tech company that develops digital infrastructure for complex medical data, has raised $8.5m (£6.8m). The company was founded in response to the limited treatment options for complex heart and lung diseases. According to Qureight, part of the problem is that researchers have to manually extract important information from large volumes of […]
Lawhive, a legal tech startup that has built a large language model-powered “AI lawyer”, has raised £9.5m. Founded in 2021, Lawhive has built a platform for lawyers, described by the company as “Shopify for Law”, to complete time-consuming tasks for clients. The London-headquartered company said its AI tools automate repetitive admin tasks such as client […]
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...
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...
Report reveals ‘extreme risks’ posed to National Ambulance Service, body found in Naas and Israel and Iran trade accusations.
Lecturers vote to express alarm over state of TU sector, Israel prepare for military operation in Rafah and Leo’s last day.
WASHINGTON ― President Joe Biden’s reelection effort pulled in more than $90 million in March, his campaign announced Saturday, giving him nearly $200 million in the bank heading into April.
CHEMUNG COUNTY, N.Y. (WETM) - Bapa Network has raised $9,000 for Chemung County Investigator Michael Theetge. On April 12, Dunkin' Donuts locations across Chemung County held a fundraiser for Investigator Theetge. Each location sold donuts with a special black and blue frosting design on top. On April 17, Bapa Network presented the Chemung County Sheriff's []