All News
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In 2023, Google and Meta reduced their Diversity, Equity, and Inclusion (DEI) efforts after earlier commitments
In 2020, following the murder of George Floyd, Google, along with other tech companies, initiated programs to support Black employees and promote diversity, equity, and inclusion (DEI). These initiatives aimed to increase representation in leadership…
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Sam Altman’s fund invests $3M in a startup blending AI and human oversight for productivity.
Shelpful, a Portland, Oregon-based startup, merges artificial intelligence with human empathy to assist people in staying focused and completing tasks. Recently, it achieved a significant milestone by securing $3 million in funding from Apollo Projects,…
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Kapital Raises $165 Million in Equity and Debt Financing to Enhance Financial Transparency for Small and Medium Businesses in Latin America
Kapital, a bank and tech platform, has secured significant funding, including $40 million in a Series B round and $125 million in debt financing. The Series B was led by Tribe Capital, with participation from…
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Mistral AI, a company in Paris competing with OpenAI, successfully concluded its funding round with a total of $415 million raised.
French startup Mistral AI has successfully concluded its highly anticipated Series A funding round, securing €385 million (approximately $415 million at today’s exchange rate). According to Bloomberg, this places the company’s valuation at roughly $2…
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Docker has acquired AtomicJar, a testing startup that secured $25 million in funding back in January.
AtomicJar appeared to be a thriving early-stage startup that made waves last January with an impressive $25 million Series A funding round, a substantial amount by today’s standards. The company’s primary focus was the development…
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Doubtnut, previously offered $150M by Byju’s, sold for $10M
Allen Career Institute has completed the acquisition of Doubtnut in a transaction estimated to value the emerging edtech company at $10 million, as per sources familiar with the matter. This development represents a remarkable shift…
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AssemblyAI secures a $50 million investment to develop and deploy AI speech models.
Companies are making significant investments in generative AI to gain a competitive advantage, although they face challenges in its adoption. According to a recent survey by EY, many businesses interested in embracing generative AI express…
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Together secures a $102.5 million investment to expand its cloud infrastructure for the training of generative AI.
Generative AI companies continue to secure substantial amounts of funding to support their commercial endeavors, and in some instances, to promote open-source initiatives as well. For instance, Together, a startup dedicated to developing open-source generative…
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Neuralink, the brain implant startup founded by Elon Musk, has discreetly secured an additional $43 million in funding.
Neuralink, the company co-founded by Elon Musk, which is focused on developing implantable chips capable of reading brain waves, recently secured an additional $43 million in venture capital, as reported in an SEC filing. This…
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Microsoft introduces its own enterprise AI chips: ‘Maia’ and ‘Cobalt’.
Microsoft is enhancing its computing infrastructure offerings with the introduction of two new in-house chips tailored for enterprises: Azure Maia 100 and Azure Cobalt 100. These chips were unveiled at the Microsoft Ignite 2023 conference…
