French Startup Mistral AI Raises $640 Million to Compete with AI Giants in the GenAI Race
European startup Mistral AI raised $640 million to fight with AI giants. This raised its valuation to $5.8 billion and showed how Europe's generative AI...
Paris-based AI company called Mistral AI raises $640 million
Mistral AI gets €600 million in Series B funding, led by General Catalyst. This puts the AI startup's value at $6 billion, positioning it to...
Is Elon Musk slowing Tesla’s AI ambitions?
Elon Musk announces Tesla's big AI plans, which include investing $10 billion and using twice as many Nvidia chips. This comes at a time when...
Nvidia and Salesforce Invest Big in AI Startup Cohere: $450 Million Funding Round Confirmed
The Canadian AI startup Cohere has raised $450 million from new and returning investors, including Cisco and the Canadian pension fund PSP Investments. This is...
Hitachi and Microsoft Announce Billion-Dollar AI Partnership
Microsoft and Hitachi have announced a multibillion-dollar partnership to speed up the adoption of generative AI. This is the latest partnership and investment that the two...
Exactly.ai Raises $4M to Help Artists Boost Their Output with AI
There is a lot of controversy about how AI is stealing from visual artists. It looks like these are tough and confusing times for creators....
Google to Spend $2 Billion on AI and First Data Center in Malaysia
There will be artificial intelligence (AI) literacy programmes for Malaysian students and teachers, as well as the building of Google's first data centre and Google...
Elon Musk’s xAI raises $6 Billion from top investors Valor, a16z, and Sequoia
Elon Musk's xAI gets a huge $6 billion in funding to compete aggressively in AI. Elon Musk's xAI aims to introduce honest AI systems to...