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20 Nov 2024

BrightAI Emerges from Stealth with $15M Seed Funding for AI-Powered Infrastructure Optimization

BrightAI, a "physical AI" startup, raises $15 million in seed funding after bootstrapping to $80 million in revenue. The company uses AI and IoT technology to monitor and optimize critical infrastructure across various industries.

2 Sources

IntelMarkets (INTL): Pioneering AI Integration in Crypto Trading Platforms

IntelMarkets (INTL) emerges as the first crypto trading platform with native AI integration, promising to revolutionize the trading landscape with advanced features and dual-chain compatibility.

3 Sources

Roboflow Secures $40M Series B Funding to Advance Vision AI Development

Roboflow, a startup specializing in visual AI development, has raised $40 million in Series B funding to enhance its platform for building and deploying computer vision models across various industries.

2 Sources

AI Education Startup Founder Charged with Fraud: Allegations of Misused Funds and False Claims

Joanna Smith-Griffin, founder of AI education startup AllHere, has been arrested and charged with fraud. She allegedly misled investors about the company's revenue and client base, using fraudulently obtained funds for personal expenses.

7 Sources

Promise: New AI-Powered Studio Backed by Hollywood and Silicon Valley Giants

Promise, a new entertainment studio leveraging generative AI, launches with backing from Peter Chernin's North Road and Andreessen Horowitz, aiming to revolutionize film and series production.

2 Sources

Enfabrica Raises $115M and Unveils Revolutionary GPU Networking Chip for AI Infrastructure

Enfabrica, an AI networking startup, secures $115 million in Series C funding and introduces the ACF SuperNIC chip, promising to revolutionize GPU networking for AI applications with unprecedented performance and scalability.

3 Sources

Selector Software Secures $33M to Revolutionize Network Outage Detection with AI

Selector Software, an AI-native network monitoring startup, has raised $33 million in Series B funding to enhance its AI-powered event intelligence platform, which aims to quickly identify and resolve network outages for enterprises and telecom providers.

2 Sources

19 Nov 2024

Nebius Group Expands AI Infrastructure in US with New GPU Cluster and Offices

Nebius Group, formerly part of Yandex, announces plans to launch its first GPU cluster in Kansas City, Missouri, and opens new offices across the US as part of its strategy to become a leading AI infrastructure provider.

4 Sources

KOGO Launches World's First AI Agent Store, Revolutionizing Business AI Adoption

Bengaluru-based KOGO unveils the world's first AI Agent Store, offering hundreds of AI tools, agents, and plugins to businesses. The platform aims to democratize AI adoption across various industries and become the world's largest AI store by 2025.

4 Sources

Sageance's Analog AI Chips Promise Dramatic Power Savings for Generative AI

Sageance, a Silicon Valley startup, is developing analog AI chips that could significantly reduce power consumption for large language models, potentially revolutionizing the AI hardware landscape.

2 Sources

Perplexity AI Launches Shopping Features, Challenging Traditional Search and E-commerce Giants

Perplexity, an AI-powered search engine, introduces new shopping features for Pro users in the US, including 'Buy with Pro' and 'Snap to Shop', aiming to revolutionize product discovery and online purchasing.

17 Sources

Text Marketing Firm Blip Secures $60 Million in Funding from SoftBank and Microsoft

Blip, a text marketing company, has raised $60 million in a Series C funding round led by SoftBank with participation from Microsoft. The company plans to use the funds for international expansion and product development.

2 Sources

Sam Altman Envisions Future Startups as 'One Person Plus 10,000 GPUs'

OpenAI CEO Sam Altman predicts a future where AI enables billion-dollar startups run by a single person with access to substantial computing power, potentially revolutionizing the startup landscape and work culture.

2 Sources

Juna.ai Raises $7.5M to Revolutionize Factory Efficiency with AI Agents

German startup Juna.ai secures $7.5 million in seed funding to develop AI agents for optimizing industrial processes, aiming to increase energy efficiency and reduce emissions in heavy industries.

2 Sources

18 Nov 2024

Xavier Niel Warns: Europe Must Seize AI Opportunity or Risk Becoming 'Abandoned'

French tech mogul Xavier Niel emphasizes the critical importance of Europe's participation in the AI race, warning that failure to innovate could lead to the continent's economic irrelevance.

3 Sources

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