Merima Hadžić
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Apple Unveils Cutting-Edge AI Models Surpassing Mistral and Hugging Face
In a significant move, Apple has unveiled a new family of open-source AI models, named DCLM, on Hugging Face. This release includes two primary models: one with 7 billion parameters and another with 1.4 billion…
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Nebius Rises from Yandex’s Ashes to Become Europe’s Leading AI Compute Contender
When is a startup not a startup? When it’s a public company with 1,300 employees and $2.5 billion in capital. This is the reality for Nebius, a new AI infrastructure business emerging from the former…
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Lhoopa raises $80M to spur more affordable housing in the Philippines
A lack of affordable housing is a growing problem worldwide, even in emerging markets with significant demand. Traditional developers and real estate companies often focus on luxury houses, avoiding the immense operating expenses associated with…
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Presti Enhances Furniture Industry Product Photography with Generative AI
If you’ve ever bought a sofa on an online store, you might have noticed the beautiful homes featured in the background of product images. These photoshoots, showcasing furniture in styled settings, are not only time-consuming…
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Quantum Rise Secures $15M Seed Funding for AI-Powered ‘Consulting 2.0’ Venture
Quantum Rise, a Chicago-based startup specializing in AI-driven automation, has announced the successful closing of a $15 million seed round from Erie Street Growth Partners. The startup’s innovative approach is drawing comparisons to industry leader…
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Microsoft Unveils ‘MInference’ Demo, Disrupting AI Processing Norms
Microsoft has unveiled an interactive demonstration of its new MInference technology on the AI platform Hugging Face, showcasing a potential breakthrough in processing speed for large language models. The demo, powered by Gradio, allows developers…
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YC alum Fluently secures $2M seed round for its AI-powered English coach
In a world flooded with resources for learning English as a second language (ESL), there exists a gap for near-native speakers who seek to refine their fluency further. Addressing this gap is what inspired Stan…
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Amazon recruits founders from AI startup Adept
Adept, a startup known for developing AI-powered agents designed to perform various software-based tasks, has announced a significant shift in its business strategy. The company has agreed to license its cutting-edge technology to Amazon, and…
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Zepto Secures $665 Million in Funding, Valued at $3.6 Billion
Mumbai-based startup Zepto has secured $665 million in a new funding round, catapulting its valuation from $1.4 billion to $3.6 billion within a year. This significant financial boost underscores Zepto’s strategic efforts to dominate the…
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OpenAI Enhances Retrieval Capabilities with Acquisition of Rockset
In a strategic move to bolster its technology stack, OpenAI has announced the acquisition of Rockset, a prominent provider of real-time analytics databases known for enhancing intelligent enterprise applications. This acquisition underscores OpenAI’s commitment to…
