Posted inAI
Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure…
Posted inAI
Reflection AI Raises $130 Million for Autonomous Coding Systems
Artificial intelligence (AI) startup Reflection AI emerged from stealth Friday (March 7), saying it is focused…
Posted inAI
FinTech Funding Hits 8-Year Low as VCs Embrace AI
When it comes to getting funded, FinTechs are having trouble competing with artificial intelligence. New…
Posted inAI
Perplexity Creating $50 Million Venture Fund for AI Startups
Perplexity AI is reportedly creating a $50 million venture fund focused on U.S.-based pre-seed and…
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Genial Raises $1.9M to Develop AI Agents for Tourism Industry
France-based Genial raised 1.8 million euros (about $1.9 million) in its first funding round to…
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Alibaba Ramps Up AI Spending in Pursuit of AGI
In the next three years, Alibaba will spend more on artificial intelligence (AI) than it…
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Big Tech set to invest $325 billion this year as hefty AI bills come under scrutiny
Meta (META), Microsoft (MSFT), Amazon (AMZN), and Google parent Alphabet (GOOG) are expecting to spend…
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Meta Plans $65 Billion AI Infrastructure Investment
Meta plans to invest $60 billion to $65 billion in capital expenditures and grow its artificial intelligence…
Posted inAI
Sereact Raises $26 Million for AI Warehouse Robotics Efforts
German tech company Sereact has raised $26 million for its AI-powered robotics efforts. The company’s…
Posted inAI
Genesy Raises $5.1 Million to Build AI Agents for B2B Sales
Genesy raised 5 million euros (about $5.1 million) in a seed round to grow and…
