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
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
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
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
Alphabet Inc.’s Google unveiled its latest lineup of Pixel smartphones as early summer launch in Aug, showcasing deeper integrations of artificial intelligence (AI) technology as it seeks to solidify its position in the competitive smartphone market. The announcement, made at Alphabet’s Bay View campus in Mountain View, California, marked a significant shift from Google’s traditional
The United Arab Emirates (UAE) has taken a significant step towards ensuring the responsible and ethical development of artificial intelligence (AI) with the launch of the UAE Charter for the Development and Use of Artificial Intelligence. This charter, introduced by the Artificial Intelligence, Digital Economy, and Remote Work Applications Office, aims to establish a comprehensive
VSParticle (VSP), a pioneering force in nanoparticle synthesis and deposition technology, has raised an impressive €6.5 million in an A2 extension round. This funding round was led by NordicNinja, with continued support from previous investors, including Plural and Hermann Hauser Investment. Based in Delft, the Dutch company is on a mission to accelerate material innovation
Intel stock posted a weaker-than-expected set of Q2 2024 earnings last week, and provided a tough outlook for Q3, guiding revenue of $12.5 billion to $13.5 billion, well below estimates of over $14 billion, as it continues to lose market share in both the PC and server space. Following the tough earnings report, Intel noted
In a bid to enhance workplace efficiency and collaboration, Zoom has announced the launch of its new AI-powered document feature – Zoom Docs. This innovative addition aims to transform the way teams create, share, and manage documents by leveraging advanced generative AI technology. The new feature was unveiled at the company’s annual Zoomtopia event last
Nearly two weeks ago, beachgoers in New York witnessed shorebirds attack drones that were deployed to patrol sharks and assist struggling swimmers. Now, the University of California Santa Barbara’s Benioff Ocean Science Laboratory (BOSL), plans to initiate a new drone project aiming to monitor shark activity below the ocean waves. The initiative called SharkEye is
