Today: October 02, 2024
Today: October 02, 2024

Latest From Krystal Hu

Technology

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
Technology

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
Business|Technology

Drone startup Neros raises funding from Sequoia, eyes supplies to Ukraine, US military

Neros, an autonomous drone startup founded about a year ago, has raised $10.9 million in a seed round from Sequoia Capital to build a new factory and manufacture more drones

Business

OpenAI removes Sam Altman's ownership of its Startup Fund

OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the

OpenAI removes Sam Altman's ownership of its Startup Fund
Business

OpenAI removes Sam Altman's ownership of its Startup Fund

OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the

OpenAI removes Sam Altman's ownership of its Startup Fund
Business

Exclusive-AI startup Cohere seeks $5 billion valuation in latest fundraising, source says

Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation

Exclusive-AI startup Cohere seeks $5 billion valuation in latest fundraising, source says
Business

SK Telecom partners with AI search startup Perplexity in Korea

SK Telecom, South Korea's largest telco, is partnering with U.S.

SK Telecom partners with AI search startup Perplexity in Korea
Business

BMW taps humanoid startup Figure to take on Tesla's robot

Robotics startup Figure said it has signed a partnership with BMW Manufacturing to deploy its humanoid robots in the car maker's facility in the U.S., as more companies turn

BMW taps humanoid startup Figure to take on Tesla's robot
Business

Google Ventures adds general partner to back AI, open source startups

Venture capital firm GV, backed by Google parent Alphabet Inc, has hired Michael McBride from software firm GitLab as its latest general partner to focus on open-source and

Google Ventures adds general partner to back AI, open source startups
Business

Exclusive-Google in talks to invest in AI startup Character.AI -sources

Alphabet's Google is in talks to invest hundreds of millions of dollars in Character.AI, as the fast growing artificial intelligence chatbot startup seeks capital to train

Exclusive-Google in talks to invest in AI startup Character.AI -sources
Business

Amazon dedicates team to train ambitious AI model codenamed 'Olympus' -sources

Amazon is investing millions in training an ambitious large language model (LLMs), hoping it could rival top models from OpenAI and Alphabet, two people familiar with the

Amazon dedicates team to train ambitious AI model codenamed 'Olympus' -sources
Business

US-China tensions will slow global chip industry, TSMC founder says

The founder of the world's biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the United States and China will slow

US-China tensions will slow global chip industry, TSMC founder says
Business

LinkedIn lays off 668 employees as hiring activity slows

Microsoft's LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for the social

LinkedIn lays off 668 employees as hiring activity slows
Business|Economy

AI deals lift US venture capital funding to highest level in two years, data shows

U.S. venture capital funding surged to $55.6 billion in the second quarter, marking the highest quarterly total in two years, according to PitchBook data published on

AI deals lift US venture capital funding to highest level in two years, data shows
Business|Economy

US court decision casts shadow on diversity venture capital funding

Just weeks after a U.S. appeals court blocked a Black-owned venture capitalist from funding women-of-color-led businesses, the ruling has had a chilling effect across the

US court decision casts shadow on diversity venture capital funding
Business|Environment|Technology

Vertical farming startup Plenty to expand via $680 million JV with UAE's Mawarid

U.S.

Vertical farming startup Plenty to expand via $680 million JV with UAE's Mawarid
Business|Technology

SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate

SymphonyAI, a U.S. artificial intelligence company whose products help the likes of Pepsi predict demand and financial companies spot fraud, is preparing to go public in the

SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate
News|Sports

Olympics-Table Tennis-GoFundMe helps American Jha fulfill Olympic dream

Kanak Jha is no stranger to the Olympics, having represented the United States in table tennis at both the Rio and Tokyo Games, but the path to Paris has been his most

Olympics-Table Tennis-GoFundMe helps American Jha fulfill Olympic dream

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