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AI Startup
Parasail Launches Massive GPU Fleet, Challenging Cloud Giants
Parasail, a startup providing on-demand GPUs, has officially launched its platform, boasting a fleet of graphics processing units that surpasses Oracle's entire cloud infrastructure. The company aims to revolutionize AI infrastructure by…
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Elon Musk’s xAI Acquires X in $45 Billion Deal
In a latest move that's set to reshape the tech landscape, Elon Musk's artificial intelligence startup xAI has acquired the social media platform X in a colossal $45 billion all-stock transaction. The deal, announced Friday, values X at $33…
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AI Pricing Platform Buynomics Raises $30M in Series B Funding
Buynomics, a cutting-edge pricing and revenue optimization company, has successfully raised $30 million in Series B funding, bringing its total funding to over $46 million. The investment round was spearheaded by Forestay Capital, with…
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Former Bolt CEO Launches AI-Powered E-commerce Startup
Maju Kuruvilla, who previously led the one-click checkout company Bolt, has unveiled his latest venture in the e-commerce space. His new startup, Spangle AI, aims to revolutionize how online shoppers interact with product advertisements.…
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AI Cybersecurity Startup Raises $600K to Fight Deepfake Fraud
In a significant development for the cybersecurity sector, an artificial intelligence-driven startup has raised $600,000 in pre-seed funding. The company, which specializes in deepfake detection and digital identity protection, plans to use…
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Amsterdam Based AI Startup Lemni Raises €3.3M to Transform Customer Service
Amsterdam-based artificial intelligence company Lemni has emerged from stealth mode, announcing a €3.3 million pre-seed funding round led by prominent Silicon Valley venture capital firm Sequoia Capital. The startup aims to transform…
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Kyrgyz Startup AkylAI: Pioneering Language Preservation with AI
In a world dominated by English-based AI, a young team from the Kyrgyz Republic is making waves with a groundbreaking project. AkylAI, the first artificial intelligence system fully compatible with the Kyrgyz language, is set to preserve…
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When AI sets the price; A Berlin start-up uses artificial intelligence to determine retail prices.
In the bustling streets of Berlin, a startup is quietly revolutionizing the retail industry. 7Learnings, led by founder Felix Hofmann, is harnessing the power of artificial intelligence to solve one of retail's most persistent challenges:…
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Anthropic Hires Ex-Google AI Expert to Lead New Swiss Office
Anthropic has strengthened its European presence by appointing Neil Houlsby, a former senior staff research scientist and manager from Google DeepMind, to head its new Zurich office. This marks the company's third European location, adding…
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Chinese AI Startup DeepSeek Makes Waves with Breakthrough Cost-Efficient Model
The artificial intelligence sector witnessed a significant development as DeepSeek, a Chinese AI company, sparked intense discussions in Silicon Valley with its newly released open-source reasoning model R1. The model has drawn attention…
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