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11 Dec 2024

AI Language Learning Startup Speak Raises $78M, Achieves Unicorn Status at $1B Valuation

Speak, an AI-driven language learning platform, secures $78 million in Series C funding, doubling its valuation to $1 billion. The startup uses advanced AI tools to focus on spoken conversation, aiming to revolutionize language education.

6 Sources

AI Startup's "Stop Hiring Humans" Ad Campaign Sparks Controversy in San Francisco

Artisan, an AI startup, launches a provocative billboard campaign in San Francisco with the tagline "Stop Hiring Humans," igniting debate about AI's impact on employment and ethical marketing practices.

7 Sources

10 Dec 2024

LambdaTest Secures $38 Million to Advance AI-Driven Software Testing

LambdaTest, a cloud-based software testing platform, has raised $38 million in a Series D round led by Avataar Ventures with participation from Qualcomm Ventures, bringing its total funding to $108 million. The company plans to use the funds to enhance its AI capabilities and expand its presence in existing markets.

5 Sources

iDEGEN: The Controversial AI Experiment Shaking Up the Crypto World

iDEGEN, a new AI-driven cryptocurrency project, is causing a stir in the crypto market with its unconventional approach to AI development and impressive presale performance.

4 Sources

Indian Startup Netrasemi Secures INR 10 Crore to Develop Edge AI Chips for IoT Devices

Netrasemi, an Indian semiconductor startup, has raised INR 10 crore in pre-Series A funding to develop Edge AI chips for IoT products. The company aims to fabricate two ML SoC chips and expand its presence in the growing AI semiconductor market.

2 Sources

Yotta Launches Rudra Program with NVIDIA to Boost AI Innovation for Indian Startups

Yotta Data Services introduces the Rudra program, offering up to $50,000 in cloud credits on its Shakti Cloud platform to startups and ISVs in NVIDIA's Inception and Connect programs, aiming to accelerate AI innovation in India.

3 Sources

Automattic Acquires WPAI: AI Integration Set to Transform WordPress Ecosystem

Automattic, the company behind WordPress, has acquired WPAI, an AI solutions startup, to enhance WordPress with innovative AI features. This move aims to redefine how users and developers interact with the popular content management system.

2 Sources

Serve Robotics CEO Sells Shares Amid Company Expansion and Criticism

Serve Robotics' CEO Ali Kashani sells $278,776 in stock as the company faces both growth and skepticism. Recent developments include a controversial acquisition, new executive appointments, and the unveiling of next-generation delivery robots.

2 Sources

Former OpenAI Lead Launches WaveForms AI: A $200M Venture into Empathetic Audio AI

Alexis Conneau, a former OpenAI researcher, has launched WaveForms AI with $40 million in seed funding to develop emotionally intelligent audio AI, aiming to revolutionize human-AI interactions.

8 Sources

Hedge Fund Magnetar Pioneers Innovative AI Startup Financing Model

Magnetar, a hedge fund, is addressing the "chicken and egg" problem in AI startup funding by offering compute power in exchange for equity, potentially revolutionizing the AI investment landscape.

2 Sources

Anita AI: The World's First AI-Driven Influencer Launches $ANITA Token on Solana

Anita AI, the world's first autonomous AI influencer, has launched her own token $ANITA on the Solana blockchain, aiming to merge AI and decentralized technologies in a novel way.

3 Sources

PLAUD's AI-Powered Note-Taking Devices: Revolutionizing Information Management

PLAUD, an AI-native hardware company, introduces innovative devices for recording, transcribing, and summarizing conversations, aiming to boost productivity and streamline information management in professional settings.

2 Sources

09 Dec 2024

Nscale Secures $155M Series A Funding to Expand AI-Optimized Data Center Infrastructure

Nscale, a London-based AI hyperscaler, raises $155 million in Series A funding to expand its AI-focused data center infrastructure across Europe and North America, with plans to launch a public cloud service for AI workloads.

3 Sources

SoundHound AI: Rapid Growth and Challenges in the Voice AI Market

SoundHound AI, a voice recognition technology company, has seen significant stock growth in 2024. However, questions remain about its profitability, organic growth, and cash flow as it enters 2025.

15 Sources

07 Dec 2024

Cohere and CoreWeave to Build Multibillion-Dollar AI Data Center in Canada with Government Support

Cohere Inc., an AI startup backed by Nvidia, partners with CoreWeave to construct a massive data center in Canada. The project receives significant financial support from the Canadian government as part of its AI strategy.

2 Sources

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