OpenAI has announced its latest AI reasoning models, o3 and o3-mini, which aim to tackle complex problems with greater precision and efficiency. These models represent a significant leap in AI capabilities, building on the foundation set by the o1 series […]
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OpenAI has introduced a new way to access ChatGPT, blending retro charm with modern convenience. With the launch of 1-800-CHATGPT, users can now dial in from a landline or smartphone to interact with the AI assistant, opening up accessibility to […]
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Databricks announced on Tuesday that it has hit a $62 billion valuation following a $10 billion Series J funding round. Thrive Capital led the round, with Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management joining as co-leads. […]
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In August 2023, Alibaba entered into the global AI race with the launch of two large language models (LLMs): Qwen-VL and Qwen-VL-Chat. These models stood out for their ability to process images and engage in advanced conversations. By offering them […]
The post China’s AI models challenge U.S. dominance, outperforming U.S. rivals as global AI race heats up first appeared on Tech Startups.
SoftBank founder and CEO Masayoshi Son agreed on Monday to double the company’s planned $100 billion investment in the United States to $200 billion. The decision came during an unexpected exchange with President-elect Donald Trump, showcasing Son’s willingness to respond […]
The post SoftBank CEO Masayoshi Son commits to invest $200 billion in the US after Trump’s on-the-spot request first appeared on Tech Startups.
Scale AI is a San Francisco unicorn AI startup that provides training data to major AI companies including OpenAI and Meta. In May, we reported on Scale AI after it secured $1 billion in growth funding from Accel, with support […]
The post Scale AI, a unicorn tech startup worth $13.8 billion, accused of widespread wage theft first appeared on Tech Startups.
Elon Musk’s artificial intelligence startup xAI announced on Saturday that the latest version of its Grok-2 chatbot is now available at no cost to all users of the social media platform X. “Over the past few weeks we have been quietly testing […]
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Generative AI startup Liquid AI announced on Friday that it has raised $250 million in early-stage funding, led by Advanced Micro Devices (AMD), which is also joining as a strategic collaborator. The funding aims to speed up the development and […]
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Zest AI, a fintech startup revolutionizing lending with AI-driven solutions, announced today it has raised a $200 million growth investment from Insight Partners. This funding will support Zest AI’s continued efforts to improve underwriting, fraud protection, and generative AI capabilities, […]
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Elon Musk’s wealth has climbed to an unprecedented level, cementing his status as the wealthiest individual in history. According to the Bloomberg Billionaire Index, Musk’s net worth has reached a staggering $447 billion, surpassing even the legendary wealth of Mansa […]
The post Elon Musk’s net worth soars $62 billion in one day to $447 billion, making him the richest man in history first appeared on Tech Startups.
Crusoe, an AI startup and provider of vertically integrated AI infrastructure, has raised $600 million in a Series D funding round led by Founders Fund, with participation from Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners. […]
The post Crusoe raises $600 million in Series D funding to power the AI cloud, now valued at $2.8 billion first appeared on Tech Startups.
Six months after unveiling “Apple Intelligence” at the Worldwide Developers Conference (WWDC) 2024, Apple has rolled out updates for its iPhone, iPad, and Mac software. These updates include a highly anticipated feature: ChatGPT integration with Siri. This integration comes into […]
The post Apple unveils ChatGPT-powered Siri in latest iOS 18.2 update first appeared on Tech Startups.
Ten months after first teasing Sora, OpenAI’s innovative video-generation model, the company has officially launched it. OpenAI CEO Sam Altman announced the launch of Sora, stating that the platform is now available alongside a new product designed to complement it. In […]
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This week, OpenAI introduced O1, a new AI model that the company has labeled “the smartest model in the world.” Along with this announcement came ChatGPT Pro, a premium subscription priced at $200/month. It’s pitched at power users and businesses […]
The post This guy spent 8 hours testing ChatGPT Pro ($200/month) vs. Claude Sonnet 3.5 ($20/month)—The results will surprise you first appeared on Tech Startups.
Since its introduction in the early 2000s, SaaS (Software as a Service) has redefined how businesses access and use software. It replaced cumbersome, on-premise installations with scalable, cloud-based solutions, unlocking a $300 billion market and giving rise to over 300 […]
The post Why vertical AI agents could be 10X bigger than SaaS: Insights from Y Combinator first appeared on Tech Startups.
Nebius Group, an Amsterdam-based company that emerged from the split of Russian tech giant Yandex, announced on Monday it has secured $700 million in a private placement. The round was backed by prominent investors, including Nvidia, Accel, and accounts managed […]
The post Nebius secures $700M backing from Nvidia, Accel to expand AI infrastructure and U.S. operations first appeared on Tech Startups.
Huawei on Tuesday unveiled the Mate 70 series, its latest smartphone running on the company’s self-developed HarmonyOS NEXT operating system. This marks another step in Huawei’s drive for technological independence amid ongoing U.S. sanctions. The Mate 70 follows the release […]
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Just a day after reports surfaced that Anthropic is gaining market share against OpenAI, the AI startup announced on Friday it has secured an additional $4 billion investment from longtime backer Amazon, bringing Amazon’s total commitment to $8 billion. This […]
The post Anthropic raises $4 billion from Amazon, boosting the e-commerce giant’s total investment in the AI startup to $8 billion first appeared on Tech Startups.
While generative AI startups have attracted billions in funding, a parallel surge in business and enterprise spending underscores the growing adoption of artificial intelligence across industries. According to new data from Menlo Ventures, companies have spent $13.8 billion on generative […]
The post Business and enterprise spending on AI surges 500% to $13.8 billion as Anthropic gains market share over OpenAI first appeared on Tech Startups.
