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19 Dec 2024

Menlo Ventures and Anthropic Launch $100M Anthology Fund, Select First 18 AI Startups

Menlo Ventures and Anthropic have chosen the initial 18 startups for their $100 million Anthology Fund, aimed at fostering AI-first companies using Anthropic's technology. The fund offers investments and access to Anthropic's latest models.

2 Sources

Snowflake Executives Sell Shares Amid Strong Company Performance and Industry Growth

Snowflake's top executives sell millions in stock as the company shows strong growth. Meanwhile, competitor Databricks secures $10 billion in funding, highlighting the booming data and AI sector.

2 Sources

Apple in Talks with Chinese Tech Giants to Integrate AI Features in iPhones for China Market

Apple is reportedly in early-stage discussions with Tencent and ByteDance to incorporate their AI models into iPhones sold in China, as the company seeks to overcome regulatory hurdles and maintain its market position.

16 Sources

LG Corp. CEO Outlines Vision for 2025: Embracing AI and Innovation

LG Corp. Chairman and CEO Kwang Mo Koo delivers a New Year address to 270,000 global employees, emphasizing the company's commitment to innovation, AI integration, and customer-centric values for 2025.

2 Sources

Asian Enterprises Embrace Cloud Services Amid Economic Growth and AI Adoption

A new ISG report highlights the growing demand for public cloud services in Asia Pacific, driven by economic expansion, AI adoption, and the need for advanced technology to compete globally.

2 Sources

Tempus AI Executives Sell Shares Amid Strategic Acquisitions and FDA Clearance

Multiple Tempus AI executives sell shares for tax purposes as the company makes strategic moves in genomics and AI-driven healthcare, receives FDA clearance for a new device, and faces analyst scrutiny.

6 Sources

TuSimple Rebrands as CreateAI: A Pivot from Autonomous Trucking to AI-Powered Gaming and Animation

TuSimple, once a prominent self-driving truck startup, has rebranded as CreateAI, marking a significant shift from autonomous trucking to AI-powered gaming and animation technology. This strategic pivot comes after recent setbacks and aims to leverage the company's AI expertise in new markets.

5 Sources

Perplexity AI Secures $500M Funding, Triples Valuation to $9B Amid AI Search Competition

Perplexity AI, an AI-powered search engine startup, has closed a $500 million funding round led by Institutional Venture Partners, tripling its valuation to $9 billion. The company is rapidly growing and competing with tech giants in the evolving AI search market.

7 Sources

GitHub Launches Free Version of Copilot AI Assistant for Developers

GitHub introduces a free tier of its AI-powered coding assistant, Copilot, making it accessible to all developers using Visual Studio Code. This move aims to expand Copilot's reach and lower barriers for global developers.

6 Sources

Infosys Inaugurates New AI and Cloud-Focused Development Center in Kolkata

Infosys invests over INR 426 crore in a state-of-the-art facility in Kolkata, focusing on next-gen technologies like AI and cloud, aiming to boost innovation and employment in the region.

3 Sources

Nvidia's CES 2025 Keynote: Potential Stock Surge and AI Innovations on the Horizon

Nvidia CEO Jensen Huang is set to deliver the opening keynote at CES 2025, potentially unveiling new AI and GPU technologies that could significantly impact the company's stock performance and reinforce its position in the AI market.

14 Sources

AI in 2024: Legal Battles, Technological Advancements, and Privacy Concerns

A comprehensive look at the major AI developments in 2024, including legal challenges, technological breakthroughs, and growing privacy concerns.

7 Sources

Bluesky Launches $1M Fund to Boost Development on AT Protocol, Focusing on AI and Privacy

Bluesky, a decentralized social media platform with 25 million users, announces a $1 million fund to support developers building on its AT Protocol, with a focus on AI-related privacy controls and community-oriented applications.

2 Sources

Perplexity Acquires Carbon to Enhance Enterprise AI Search Capabilities

Perplexity, the AI search startup, has acquired Carbon, a data connectivity startup, to improve its enterprise search capabilities and allow users to connect their work files and applications to AI search.

7 Sources

MIT Engineers Develop 'High-Rise' 3D Chip Technology for Advanced AI Hardware

MIT researchers have created a new method for building multilayered chips without silicon wafer substrates, potentially revolutionizing AI hardware capabilities.

3 Sources

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