News

SSI Secures USD 1 B and Nvidia Backs Two Startups

  Insights Desk    Sep 05, 2024

Highlights: SSI aims to create highly advanced AI models with superintelligence, incorporating safeguards to prevent harmful outcomes. Sakana, a generative AI startup founded in Tokyo a year b...

Read more

Elon Musk’s xAI Unveils ‘Colossus’ with 100,000 Nvidia Chips

  Insights Desk    Sep 04, 2024

Highlights: Musk explained that Colossus is outfitted with 100,000 of Nvidia’s H100 GPUs. Grok-2, xAI’s leading LLM, was trained on 15,000 GPUs. With Colossus’ 100,000 chips, the develop...

Read more

Technology Giants Apple and Nvidia May Join OpenAI’s Funding Round

  Insights Desk    Sep 02, 2024

Highlights: The ChatGPT developer has received USD 13 billion in funding to date from the massive software and cloud computing company, the majority of which has come in the form of cloud infras...

Read more

Magic AI and Codeium Raise Funding Worth USD 320 M and USD 150 M

  Insights Desk    Sep 02, 2024

Highlights: Magic may be able to finance the creation of more AI models with the USD 320 million investment that it disclosed recently. Codeium, which also revealed a financing milestone, has...

Read more

OpenAI to Reportedly Raise New Funding to Reach Over USD 100 B

  Insights Desk    Aug 29, 2024

Highlights: Less than half a year after surpassing the USD one billion milestone, OpenAI’s yearly recurring revenue reportedly exceeded USD two billion in February. A fresh round of fundin...

Read more

AI Image Generator Midjourney Announces Getting into Hardware

  Insights Desk    Aug 29, 2024

Highlights: In December, Ahmand Abbas, who had previously worked at Leap Motion and spent five years at Apple working on the Apple Vision Pro, was also hired by Midjourney as the “head of hardw...

Read more

OpenAI Plans to Unveil a New AI Product ‘Strawberry’

  Insights Desk    Aug 28, 2024

Highlights: AGI is a sophisticated type of AI that can understand, learn, and apply knowledge across a broad range of tasks, resembling human cognitive abilities. First reported by The Informa...

Read more

FuriosaAI Unveils a New Accelerator Chip for Multimodal AI and LLM

  Research Desk    Aug 27, 2024

Highlights: RNGD is built on TCP architecture, offering an optimal balance of performance, programmability, and efficiency. The RNGD chip features a 1 GHz frequency, 1.5 MB memory bandwidth, 2...

Read more

Viggle AI Secures USD 19 M for its AI Video Generation Technology

  Research Desk    Aug 27, 2024

Highlights: Viggle AI’s other key priorities include expanding its team and improving the AI that drives its video generation service. Viggle AI also focuses on increasing its workforce and ...

Read more

Opkey Secures USD 47 M to Automate ERP Change Testing Using AI

  Insights Desk    Aug 26, 2024

Highlights: The company claims that its platform automates much of the manual effort required for testing ERP updates. Opkey states that its platform can analyze a company’s script library a...

Read more