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AI
Europe Makes Bold Move to Cultivate Homegrown AI Giants
As global competition in the AI sphere heats up, Europe is making a strategic play to nurture its own generative AI powerhouses. With recent blockbuster funding rounds, startups Aleph Alpha and Mistral AI show promise of challenging…
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Intel launches specialized AI startup ‘Articul8’ to power industry giants
Intel has taken steps to scale its efforts in the large and lucrative enterprise AI market with the spinout of a new software focused venture. Dubbed Articul8 AI, the young company grows out of generative deep learning technology incubated…
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Durham AI Startup ValueBase Backed by Sam Altman Raises $6 Million
Property valuation startup ValueBase, backed by prominent figures in tech, has closed a $6 million funding round as it works to modernize the assessment process. The Durham-based company, cofounded by Forbes 30 under 30 winner Will Jarvis,…
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Apply Now for a $1 Million Investment and Mentorship in OpenAI’s Converge 2 Program
OpenAI, the renowned AI safety research lab known for developing powerful language models like ChatGPT, is now accepting applications for the second phase of their Converge startup program. Converge 2 provides a huge opportunity for 15…
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Lunit Acquires Volpara Health Technologies in $193M Deal to Advance US Medical AI Presence
The medical artificial intelligence startup Lunit has taken a major step in positioning itself as a leading force in cancer screening in the US market. In a $193 million deal that promises to revolutionize breast cancer detection, Lunit has…
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Google Launches Its Most Capable Multimodal AI Model – Gemini
Google has developed a versatile AI assistant capable of understanding various forms of data through its distinct variants. Dubbed "Gemini," this groundbreaking model is available in three powerful sizes designed to serve different purposes…
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Elon Musk’s xAI Startup Looks to Raise $1B to Challenge Big Tech’s AI Dominance
Elon Musk has ambitious plans to reshape the artificial intelligence landscape with his stealth startup xAI. According to a recent SEC filing, the company is aiming to raise a massive $1 billion war chest as it looks to challenge the…
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French AI Powerhouse Mistral Scores Massive $487M Funding Round
Mistral AI, a fast-rising European leader in conversational and generative AI, has closed a monster $487 million funding round that values the company at $2 billion. This mega-round, led by tech investment titans Andreessen Horowitz,…
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EU founders and VCs turn to AI as Startup Funding Declines
As venture capital funding slows globally due to inflation and economic uncertainty, European entrepreneurs and investors are pivoting their focus to industries with long-term potential like artificial intelligence. With over $100 billion…
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AI startup for creators Fanory Guarantees Creators Steady Hourly Income
Fanory.ai, an AI startup helping content creators monetize their passions, is offering creators a unique opportunity - a guaranteed hourly income that beats the competition. Through its advanced AI features, Fanory promises budding…
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