Speaking as an urban Republican, I'd say we're generally a paranoid bunch.
London-based AI unicorn Stability has laid off about a tenth of its workforce as part of a “strategic plan to reduce” costs just weeks after the departure of its founder and CEO. The layoffs, affecting around 20 staff, were announced by Stability in a company-wide memo on Wednesday evening, first published by Business Insider. The […]
While buzzy AI startups like OpenAI and Stable Diffusion have caught marketers’ attention, many lesser-known gen AI startups have secured investments and contracts with major brands such as L'Oréal, ESPN, Pepsi, and Garnier. AI funding in the U.S. grew by 14% year-over-year in 2023, (OpenAI released ChatGPT in Nov. 2022), raising $42.5 billion across 2,500 equity rounds, per CB Insights. There is a ballooning number of gen AI startups—Dealroom counts some 1,200—which are solving problems...
Microsoft has launched a UK AI startup accelerator in partnership with London-based private investing platform Seedrs. The Series AI programme aims to help participating startups build and integrate AI technology. The four-week accelerator, open to startups from Seed to Series A stage, will include mentorship, resource sharing and commercialisation support. “Over the last few years, […]
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.
Amnesty International researcher Matt Mahmoudi discusses the IDF’s use of the techonology as a tool of mass surveillanceGovernments around the world have increasingly turned to facial recognition systems in recent years to target suspected criminals and crack down on dissent. The recent boom in artificial intelligence has accelerated the technology’s capabilities and proliferation, much to the concern of human rights groups and privacy advocates who see it as a tool with immense potential for...
Strategic milestone recognition plays a pivotal role in cultivating team spirit and driving startup success.
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...
I’m stressed and running late, because what do you wear for the rest of eternity? This makes it sound like I’m dying, but it’s the opposite. I am, in a way, about to live forever, thanks to the AI video startup Synthesia. For the past several years, the company has produced AI-generated avatars, but today…
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 […]
Enterprises still don't trust OpenAI, while open source AI models are cheaper and more than sufficient for targeted specific tasks, Nova AI founder says. Enterprises still don't trust OpenAI, while open source AI models are cheaper and more than sufficient for targeted specific tasks, Nova AI founder says.
A startup promising “universal AI compute” has joined France’s thriving artificial intelligence sector. Paris-based FlexAI emerged from stealth today with a €28.5mn war chest and an ambitious plan to "unlock the future of machine intelligence." To pick that lock, FlexAI is rearchitecting compute infrastructure. The startup's centrepiece is an on-demand cloud service. Set to launch later this year, the product will enable developers to build and train AI applications with heterogeneous...