TandemAI announced it has secured a $22 million Series A extension to further develop its drug discovery platform, which combines advanced AI, physics-based computational methods, and wet lab capabilities. The round included both new and existing investors. Since its founding in October 2021, the co...
Andy Konwinski has a blunt warning for American AI companies. The Databricks co-founder and AI investor believes the US is losing its research edge to China, and he's calling it an "existential" threat to democracy.
Speaking at the Cerebral Valley AI Summit this week, Konwinski made a provocative c...
Google has launched Private AI Compute, a new cloud-based processing system designed to enhance the privacy of on-device AI in the cloud. The platform intends to provide users with faster, and more skillful AI experiences without ever compromising data security. It integrated Google’s most adv...
Anthropic has just placed a huge wager on its future. The firm that is behind Claude made a disclosure on Wednesday about its plan to spend $50 million besides that, in total, it is going to invest $50 billion to the building of custom US data centers in cooperation with the UK neocloud provider Flu...
While most AI sales tools focus on cold calling and lead generation, Amanda Kahlow is tackling a different problem: converting interested buyers into paying customers. Her stealth startup 1Mind has just emerged with a $30 million Series A led by Battery Ventures, bringing total funding to $40 millio...
Insilico Medicine ("Insilico"), a clinical-stage generative artificial intelligence (AI)-driven drug discovery company, announced a research collaboration with Eli Lilly ("Lilly") that the two parties will combine Insilico's state-of-the-art Pharma.AI platforms with Lilly's development and disease e...
Tradespace is pleased to announce its acquisition of Paragon, a patent-drafting startup founded by three Princeton computer science students that developed transparent, traceable artificial intelligence to draft reliable patents. With this acquisition, Tradespace becomes the first AI-powered pl...
Elon Musk dropped an intriguing hint on Thursday: Tesla might need to build what he's calling a "gigantic chip fab" – and Intel could potentially be part of the picture.
The Intel angle
Speaking at Tesla's annual shareholder meeting, Musk casually floated the idea of working with the struggl...
Recently, OpenAI has recently announced the introduction of Aardvark, a tool that leverages AI to detect security vulnerabilities in software code, among other things, before they could be exploited by hackers.
Just like every year, security in software is a very big problem. Considering commercial...
OpenAI's recent terms of service update declaring it will not provide legal advice appears largely symbolic, as the company's ChatGPT system continues offering detailed legal assistance including contract drafting and clause recommendations.
On 29 October, the San Francisco-based artificial intelli...
A Canadian cryptocurrency mining company has announced significant expansion in its Bitcoin mining capacity while developing artificial intelligence and high-performance computing infrastructure across North and South America.Hive Digital Technologies reported that it reached 23 exahash per second i...
Amazon Web Services and OpenAI have inked a multi-year strategic deal that provides the artificial intelligence company with access to significant cloud computing infrastructure to operate and scale its AI workloads.
Under the seven-year, $38 billion deal, OpenAI will tap AWS computing reso...
Google has removed its Gemma AI model from AI Studio after U.S. Senator Marsha Blackburn accused the technology of generating fabricated allegations of sexual misconduct against her. The controversy arose when Senator Blackburn revealed that Gemma produced a wholly false narrative claiming she had b...
Artificial intelligence firm Anthropic has launched enhanced capabilities for its Claude system aimed at supporting scientific research workflows, from initial discovery through commercial translation.
The San Francisco-based company, which positions scientific progress as central to its public ben...
Helex, a therapeutics company developing a new class of targeted medicines for genetic kidney diseases, today announced its oversubscribed $3.5 million Seed round, led by pi Ventures, with participation from Bluehill Capital, SOSV, and a global syndicate of investors. With this r...
Canva, the world’s only all-in-one visual communication platform, today announced the launch of its Creative Operating System, marking the biggest evolution of its product to date. The launch brings together over a decade of innovation alongside a suite of new products designed to supercharg...
The co-founder of cloud storage company Box has rejected predictions that artificial intelligence agents will supplant enterprise software-as-a-service companies, instead forecasting a hybrid model combining traditional systems with AI augmentation.
Aaron Levie, speaking at a technology conference ...
Nvidia has become the first publicly traded company to exceed a $5 trillion market capitalisation, driven by surging demand for its graphics processing units used in artificial intelligence applications.
The American semiconductor manufacturer's shares climbed more than 5.6% on Wednesday, reaching ...
