OpenAI Chief Operating Officer Brad Lightcap’s role at the company is being expanded, and he’ll henceforth be tasked with running the company’s “business and day-to-day operations,” giving Chief Executive Sam Altman more time to focus on research and products. In […]
Updated: Memory chip maker Micron Technology Inc. posted a strong earnings and revenue beat, demonstrating that it’s still enjoying a significant boost from artificial intelligence. Growth in sales of its highest-capacity memory products was rampant, and its stock moved higher
Micron’s stock falls despite solid jump in revenue from AI memory chips Read More »
Agentic artificial intelligence startup Browser Use believes it can play a critical role in helping so-called AI agents navigate the web after closing on a $17 million funding round Saturday. Felicis Ventures led the round, which also saw participation from
Browser Use raises $17M to help steer AI agents through the internet Read More »
The artificial intelligence search application company Perpexity AI Inc. is gearing up for yet another mammoth funding round, according to the latest chat from Bloomberg and CNBC. Anonymous sources told Bloomberg that the early-stage discussions with investors could see the
Money-hungry AI search startup Perplexity in talks to raise up to $1B in fresh funding Read More »
Stockholm-based startup Rerun.io AB announced today it has raised $17 million in seed funding to build out a multimodal data stack for what it calls “physical AI.” Today’s round was led by Point Nine and saw participation from Sunflower Capital
Memory chip maker Micron Technology Inc. posted a strong earnings and revenue beat, demonstrating that it’s still enjoying a significant boost from artificial intelligence. Growth in sales of its highest-capacity memory products was rampant, and its stock moved higher after-hours. The
Micron’s stock makes late-trading gains as AI memory chips drive solid jump in revenue Read More »
A new report co-authored by the artificial intelligence pioneer Fei-Fei Li urges lawmakers to anticipate future risks that have not yet been conceived when drawing up regulations to govern how the technology should be used. The 41-page report by the Joint
SoftBank Group Corp. has confirmed that it will buy the chipmaker Ampere Computing LLC in a deal that’s valued at $6.5 billion. It said it expects the acquisition to close during the second half of the year, according to a
SoftBank agrees to buy Arm chipmaker Ampere Computing for $6.5B Read More »
New York City-based artificial intelligence code review startup Graphite, officially known as Screenplay Studios Inc., said today it has raised $52 million in a Series B round of funding. Today’s round was led by Accel and saw participation from Menlo
AI code assist startup Graphite raises $52M to try and keep ahead of the competition Read More »
Paris-based artificial intelligence startup Mistral AI said today it’s open-sourcing a new, lightweight AI model called Mistral Small 3.1, claiming it surpasses the capabilities of similar models created by OpenAI and Google LLC. It’s a move that’s likely to escalate
Mistral AI’s newest model packs more power in a much smaller package Read More »
