Latest in OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
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Business - Inc.
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.6 hours ago -
Business - CNBC
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Yesterday -
Business - CNBC
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.October 21 -
Tech - The Wall Street Journal
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.October 20 -
Business - Financial Times
AI search start-up Perplexity targets $8bn valuation in new funding round
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraisingOctober 21 -
Business - Inc.
Perplexity AI Hopes to Double Its Valuation to $8 Billion
The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.October 20 -
Business - CNBC
Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.October 17 -
Business - MarketWatch
Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.4 hours ago -
Business - CNBC
Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.4 days ago -
Business - Inc.
Biden Cancels Another $4.5 Billion in Student Debt
The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.October 17 -
Business - CNBC
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.October 16 -
Business - Inc.
OpenAI’s Journey to $157 Billion Chronicled in Documents
OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.October 13 -
Top stories - CBS News
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.October 17 -
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Business - Inc.
OpenAI Veteran Mira Murati Starts Fundraising for Her Startup
Murati left her position as chief technology officer of the world’s best-known AI company at the end of September. She’s now seeking $100 million in funding for her own venture.October 21 -
Tech - VentureBeat
OpenAI’s Swarm AI agent framework: Routines and handoffs
At the heart of OpenAI's Swarm are the concepts of "routines" and "handoffs," which are mechanisms designed to help agents carry out collaborative tasks in an organized manner.October 14 -
Tech - VentureBeat
OpenAI unveils experimental ‘Swarm’ framework, igniting debate on AI-driven automation
OpenAI has unveiled “Swarm,” an experimental framework designed to orchestrate networks of AI agents. This unexpected release has ignited intense discussions among industry leaders and AI ethicists ...October 14 -
Business - Inc.
OpenAI Will Send Its Next AI to Businesses Before a Public Release
A leader in AI technology may soon make a giant leap forward, but this time, select companies will get their hands on its next-generation model before you do.4 days ago -
Tech - VentureBeat
Magic Leap founder is back with $20M funding round for SynthBee
SynthBee, started by Magic Leap founder Rony Abovitz, has raised $20 million in funding to create a new kind of "computing intelligence."October 16 -
Politics - The Hill
Wall Street Journal, NY Post sue AI startup
Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity over ...October 22 -
Tech - VentureBeat
AI startup Ideogram launches infinite Canvas for manipulating, combining generated images
Users can spread newly generated images out, compare them to older ones, resize and reorder them at will, and even combine two with AI.October 22 -
Business - Inc.
Mother of Teen Who Died by Suicide Sues AI Startup
The boy, 14, spent months talking to an artificial character on Character.AI before becoming depressed. His mother blames the company, saying the tech shouldn’t be accessible to minors.5 days ago -
Tech - ABC News
Google's partnership with AI startup Anthropic faces a UK competition investigation
Britain’s competition watchdog is opening a formal investigation into Google’s partnership with artificial intelligence startup Anthropic5 days ago -
Business - Inc.
Federal Government Approves $1.8 Billion in Hurricane Recovery Funds
After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.October 16 -
Politics - The Hill
Biden administration announces $2 billion in funds to strengthen electric grid
The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...October 18 -
Business - The Wall Street Journal
Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations
The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.4 days ago -
Tech - The Wall Street Journal
Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion
The new fundraising effort would substantially increase startup’s valuation from spring.5 hours ago -
Tech - VentureBeat
Nvidia just dropped a new AI model that crushes OpenAI’s GPT-4—no big launch, just big results
Nvidia quietly launched a groundbreaking AI model that surpasses OpenAI’s GPT-4 and Anthropic’s Claude 3.5, signaling a major shift in the competitive landscape of artificial intelligence.October 17 -
Business - CNBC
Amazon-backed Anthropic debuts AI agents that can do complex tasks, racing against OpenAI, Microsoft and Google
Anthropic, the Amazon-backed AI startup founded by former OpenAI research executives, announced AI agents that can use a computer to complete complex tasks.October 22 -
Business - CNBC
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.6 days ago -
Tech - VentureBeat
OpenAI scientist Noam Brown stuns TED AI Conference: ’20 seconds of thinking worth 100,000x more data’
At the TED AI conference, OpenAI’s Noam Brown unveiled the o1 model, showcasing how "System Two Thinking" could transform industries by enabling AI to deliver smarter, more deliberate decision-making.6 days ago -
Business - CNBC
Microsoft's GitHub expands beyond OpenAI, lets developers use AI models from Anthropic, Google
GitHub is giving software developers more choices for its popular coding assistant, meaning they won't be limited to models from OpenAI.6 hours ago -
Business - Inc.
This Startup is Investing $1 Billion to Build Lighter Lithium Sulfur Batteries in Nevada Gigafactory
Battery breakthroughs can change whole industries. Lyten has plans for a giant factory that could change how we power space tech, drones, and small EVs.October 16 -
Business - CNBC
Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency
German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.6 days ago -
Business - MarketWatch
Google becomes the latest tech giant to strike a nuclear-power deal for AI
Amazon, Microsoft and Oracle all have nuclear arrangements of their own as tech companies seek clean-energy solutions for AI’s massive power needs.October 14