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...
Meta Platforms (formerly Facebook) announced today the expansion of its AI assistant, Meta AI, to over a dozen new countries outside the US. This update makes Meta AI available in English in countries like Australia, Canada, South Africa, and Singapore. Here is the full list of the countries where Meta AI is being released: Meta AI has been improved with […]
Bill Cotter, known as Barstool Sport‘s “Billy Football,” announced his bid in March to run as a Republican for New York‘s 3rd Congressional District, previously held by expelled Republican Rep. George Santos, but now the congressional candidate is taking on his own party. The 25-year-old called out Nassau County GOP Chairman Joe Cairo and his […]
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...
The right-wing group that leads a recruitment effort for Capitol Hill offices and allied nonprofits, the Conservative Partnership Institute (CPI), has for months left exposed the sensitive personal information of applicants to its online "jobs bank," the Washington Free Beacon found, including members of the U.S. intelligence community, congressional aides, former Trump administration officials, and campaign operatives.
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By leveraging AI's efficiency with human intuition, we can continue to use automation to optimize tasks and address complex challenges more effectively.
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...
Professionals who work in Human Resources at top companies have revealed the details that make them instantly reject a candidate - and it goes deeper than typos in resumes.
Founded by Dubliner Gareth Sheridan, Nutriband listed on Nasdaq in October 2021. Now, its flagship opioid patch product is a step closer to getting FDA approval. : Nutriband raises millions for drug abuse deterrent product