Just one week after its launch, ChatGPT, the AI-powered chatbot developed by OpenAI, attracted more than 1 million users, and within the first month, its user base grew to an impressive 100 million. This remarkable surge in popularity garnered significant attention from both the media and consumers alike. The software’s…Continue Reading
The recent enhancement to OpenAI’s ChatGPT, enabling users to upload PDFs and make inquiries about their content, has reverberated throughout the startup ecosystem. This development represents a notable, if somewhat predictable, challenge for numerous companies, particularly those known as “wrapper startups” that have structured their businesses around a specific gap…Continue Reading
YouTube has unveiled its plans to explore novel generative AI capabilities, as disclosed by the company today. As a component of the premium offering accessible to paid subscribers, YouTube enthusiasts will soon have the opportunity to test a groundbreaking conversational tool driven by AI. This tool will be designed to…Continue Reading
AbsoluteMarket has previously covered Move AI, a UK-based company founded four years ago, known for its smartphone app capable of generating 3D motion capture models from standard 2D video footage. Now, this innovative company, poised to disrupt the long-standing and costly traditional method of 3D motion capture used in sports,…Continue Reading
The AI landscape has been exceptionally dynamic, especially in the year since ChatGPT was publicly launched by OpenAI. Numerous surveys consistently indicate that enterprises are rapidly considering and adopting new AI tools. However, as they do so, there is a critical question: How do they guarantee that the AI solutions…Continue Reading
Highlight, a San Francisco-based startup dedicated to enhancing web application observability for enterprises, has proudly unveiled its flagship product to the public. This innovative offering is an open-source monitoring platform that consolidates a comprehensive view of an application’s entire stack and the associated issues into a single, easily accessible location….Continue Reading
Foxconn, the largest electronics manufacturer globally, has declared a strategic alliance with Nvidia to expedite the advancement of electric vehicles (EVs) and the associated artificial intelligence (AI) technology. This partnership, unveiled during the Hon Hai Tech Day event in Taiwan, represents a pivotal step toward realizing Foxconn’s vision for the…Continue Reading
A recent extensive study conducted by Spain’s IE University reveals a growing desire among the majority of Europeans for government-imposed regulations on artificial intelligence (AI) in order to mitigate its potential impact on job security. Out of a sample group of 3,000 Europeans, a significant 68% expressed the need for…Continue Reading
Explorium, a Tel Aviv-based startup, has unveiled its achievement of raising a total of $19 million in funding through various rounds. Notably, Emerge and F2 Capital contributed $3.6 million in a seed round, while Zeev Ventures led a $15.5 million series A round. This significant capital infusion comes on the…Continue Reading
Cisco has announced its largest-ever acquisition, revealing plans to purchase cybersecurity software company Splunk at a price of $157 per share in an all-cash transaction valued at approximately $28 billion. This significant move saw Splunk shares surge by 21%, while Cisco’s stock closed down 4%. Splunk specializes in data monitoring…Continue Reading