OpenAI Surpasses One Million Paid Business Users

Posted by - September 11, 2024

OpenAI announced recently that it has reached a significant milestone of more than one million paying users across its business-focused products—ChatGPT Enterprise, Team, and Edu. This marks a remarkable growth from the 600,000 users the AI firm reported in April, showing the increasing adoption of its chatbot solutions among businesses. This surge in users highlights

New iPhone to Feature AI-Powered Arm V9 Chip

Posted by - September 10, 2024

Apple is set to make waves in the tech world once again with its latest iPhone, which will incorporate Arm’s cutting-edge V9 chip technology. The much-anticipated iPhone, which debuted recently at Apple’s event in Cupertino, California, features the A18 chip, developed using Arm’s innovative design.. According to recent reports, this partnership with Arm, owned by

Three Things You Should Know About AI Applications

Posted by - September 9, 2024

There is no denying that AI is real. Yes, it’s over-hyped. Yes, entire portfolios are being ‘AI-washed’ in the same way everything suddenly became a ‘cloud’ product over a decade ago. But it is real according to our 2024 State of AI Application Strategy research. While most organisations (69%) are conducting research on technology and

Brazil’s X Ban Boosts Bluesky’s Popularity 

Posted by - September 6, 2024

Brazil’s recent ban of Elon Musk’s social media platform X has boosted the profile of its smaller rival, Bluesky, as people search for alternatives to voice their opinions. Bluesky said in a post that it had attracted two million new users in a span of a week, and the app appeared to be experiencing some

Paris-Based AI Company Steerlab Bags €1.7m

Posted by - September 5, 2024

Steerlab, a Paris-based AI start-up, has raised a €1.7 million pre-seed funding round to double down its strategy to build a cutting-edge AI platform that automates responses to Requests For Proposals (RFPs) and security questionnaires. The funding round was led by Nordic early-stage investor Dreamcraft VC, with significant contributions from Heartfelt_, a Berlin-based early-stage firm

Saudi Arabia Welcomes its First Local CX Cloud

Posted by - September 3, 2024

Exotel, a prominent AI transformation partner for customer engagement in emerging markets, has made a significant leap in the Middle East by launching Saudi Arabia’s first local customer experience (CX) cloud. This new platform, branded as Ameyo by Exotel, integrates advanced AI-powered customer engagement tools with a secure and scalable cloud infrastructure. This launch is

OpenAI Eyes $100b Valuation in New Funding Round

Posted by - August 29, 2024

OpenAI, the renowned artificial intelligence research lab and creator of the widely popular chatbot ChatGPT, is reportedly in advanced discussions to raise billions of dollars in a new funding round. This round could push the company’s valuation beyond the $100 billion mark, according to sources. The proposed funding round is expected to be spearheaded by

London-based PHINXT Robotics Raises €2.3m

Posted by - August 26, 2024

PHINXT Robotics, an AI-led robotics software company, has secured €2.3 million in an oversubscribed funding round led by Sure Valley Ventures with participation from Ada Ventures, Heartfelt and Atlas Ventures. PHINXT has developed a decentralised edge AI software solution to enable robotics automation at any scale. Founded in 2022, the company aims to redefine the

Marrying Artificial Intelligence to Sustainability

Posted by - August 21, 2024

Dilip Prasad, Co-Founder & CEO, Ayun AI, embodies the right fusion of innovative skills and academic achievements to expand the frontiers of creativity. His achievements in exploring the intersections of artificial intelligence, life sciences, physics and environmental sciences are just a few of the pursuits that crown him with leadership skills to provide exemplary leadership

German AI Startup Raises €2.4m in Seed Round

Posted by - August 16, 2024

Voiceline, a German startup revolutionizing field service with cutting-edge voice and AI technology, announced it has raised a €2.4 million seed round, increasing its total funding to €4.2 million. Venture Stars and Scalehouse Capital led the round joined by Cavalry Ventures, who invested in the pre-seed round together with several business angels. Voiceline’s angels include

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