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...
Amazon and Meta Invest $1 Billion in Scale AI, Valuing Company at $14 Billion
Tuesday, artificial intelligence startup Scale AI said it had raised $1 billion in a Series F funding round. This puts the value of the enterprise...
Snapchat Plans to Invest $1.5 Billion Annually in AI
According to the CEO of Snap, the company that created Snapchat, the messaging app is investing more money in machine learning and artificial intelligence (AI)....
Snowflake in Negotiations to Acquire Reka AI for $1 Billion
People familiar with the matter say that snowflake Inc. is in talks to buy startup Reka AI for more than $1 billion. This would extend...
OpenAI Startup Fund raises $5 million more
The U.S. Securities and Exchange Commission reports that the OpenAI Startup Fund, a venture fund that invests in early-stage AI companies and recently transferred legal...