Enterprises are increasingly reliant on Software as a Service (SaaS) applications, with some of the largest organizations using up to 371 different apps, marking a 32% rise since 2021. However, this proliferation has led to fragmented application use across departments, often without comprehensive oversight or understanding of usage patterns. This…Continue Reading
Virtuleap, a healthtech and edtech startup, has recently raised $2.5 million for its product Enhance VR, which integrates virtual reality and AI to advance brain health. This funding round was led by GED Ventures Portugal. Virtuleap’s innovative product comprises a suite of virtual reality games designed to assess and improve…Continue Reading
Chalk, the machine learning data platform, has just announced a successful seed funding round, securing $10 million in investment. The funding round was led by prominent investors, including General Catalyst, Unusual Ventures, and Xfund. Chalk’s platform is designed to empower world-class teams in orchestrating real-time data for decision-making, and this…Continue Reading
Congratulations, we’ve achieved it! Solar and wind energy have become the most cost-effective sources of electricity in the United States. It might seem like we can now simply let the market take its course, but there’s more to the story. While it’s true that solar and wind power are the…Continue Reading
Apple’s market capitalization reached a milestone by closing at approximately $3 trillion for the first time since August. This achievement came after the company’s shares saw a 2% increase, reaching $193.42 per share on Tuesday. In June, Apple officially surpassed the $3 trillion mark for the first time, briefly touching…Continue Reading
X.AI, a startup in the field of artificial intelligence, founded by Elon Musk, has filed with the SEC to raise up to $1 billion in an equity offering. According to the filing, the company has already secured nearly $135 million in funding from four investors, with the first sale taking…Continue Reading
OpenAI, the pioneering AI startup responsible for ChatGPT, has unveiled its newly appointed board of directors following a tumultuous two-week period. During this time, co-founder Sam Altman was abruptly fired and then reinstated as CEO, sending shockwaves through the AI industry and prompting a near-mass departure of employees. Additionally, OpenAI…Continue Reading
Amazon has unveiled a range of cutting-edge artificial intelligence services during its re:Invent conference, including the introduction of Titan Image Generator, an image creation model. In doing so, Amazon joins tech giants like Google, Meta, and Microsoft in the realm of AI systems capable of generating original images and artwork…Continue Reading
Nvidia made headlines today by announcing record-breaking revenue for its third fiscal quarter of 2024, which concluded on October 31, 2023. The company exceeded Wall Street’s expectations with remarkable financial results. Nvidia, a prominent player in graphics processing units (GPUs) and AI chips, reported an astonishing Q3 revenue of $18.2…Continue Reading
As OpenAI, the prominent artificial intelligence (AI) startup, grapples with an uncertain future following the unexpected removal of CEO Sam Altman, rival company Anthropic is seizing this opportunity to unveil its updated large language model (LLM), Claude 2.1. This launch allows Anthropic to position itself as a stable alternative and…Continue Reading