Browsing: financing
The airline industry is on track for record revenue this year — $996 billion — as demand for travel soars. But margins remain razor thin. According…
As genetic AI touches a growing number of industries, the companies that make the chips to run the models stand to benefit immensely. Nvidia, in particular,…
Stability AI, the beleaguered AI startup behind Stable Diffusion, has raised fresh cash. But he won’t reveal how much. Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture…
OpenAI is on a M&A spree. Days after acquiring database technology company Rockset, OpenAI bought Multi (previously Movement), a startup developing an enterprise-focused, video-first collaboration platform.…
Another AI startup has raised a bundle of money. And, like the others before it, it promises the moon. Appearance, whose co-founders include Satya Nitta, the…
The majority of companies struggle to derive value from their data. Several years ago, Forrester reported that between 60% and 73% of data belongs to the…
AI language learning app Speak is on a tear. Since launching in the inaugural South Korean market in 2019, I speak has grown to over 10…
OpenAI has acquired a company, Rocket, that makes tools for real-time search and data analysis. In a Position on its official blog, OpenAI said it will…
Move over, Perplexity. There’s a new AI search engine in town — and its creators think it can one-up the many, many other attempts out there.…
Amazon says it will commit up to $230 million to startups building AI-powered apps. The investment, about $80 million of which will fund Amazon’s second AWS…