Stoke Space secures $100 million in funding for its ambitious mission to develop entirely reusable rockets.
Stoke Space made an announcement on Thursday that it successfully secured $100 million in funding, marking a significant step forward in the Kent, Washington-based company’s pursuit of developing a new generation of fully reusable rockets with the goal of reaching orbit by 2025. CEO Andy Lapsa expressed his enthusiasm in…Continue Reading
Washington state’s life sciences sector gets a boost with $25,000 grants awarded to local startups
In a collaborative effort between the Life Science Washington Institute and the Washington State Department of Commerce, a grant program provided $25,000 grants to 20 early-stage life sciences startups in Washington. This initiative, funded by money reinvested from the state’s Life Sciences Discovery Fund, aims to nurture the next generation…Continue Reading
Europe sees increased calls for AI regulations to safeguard jobs due to ChatGPT’s debut.
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 secures $19 million in funding for the consolidation of AI model training and deployment.
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
Amazon to invest $4 billion in ChatGPT rival Anthropic, challenging OpenAI
On Monday, the e-commerce behemoth Amazon announced its intention to invest as much as $4 billion into the artificial intelligence firm known as Anthropic, solidifying its position as a minority stakeholder in the company. This strategic move underscores Amazon’s determined push into the world of artificial intelligence, as it strives…Continue Reading
Cisco acquires cybersecurity firm Splunk for a record $28 billion in cash.
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
Data & AI: Unleashing Hyper-Personalization at Scale in Financial Institutions
In the realm of financial services, data-driven strategies, such as AI, machine learning, analytics, and more, are spearheading the era of hyper-personalization at an unprecedented scale. This transformation is arguably the linchpin propelling product development and marketing to unprecedented heights of engagement and satisfaction. Om Deshmukh, Head of Data Science…Continue Reading
Microsoft’s audacious step: The debut of ‘Copilot,’ an AI assistant, within Windows 11.
Microsoft has once again underscored the central role of artificial intelligence (AI) in its business strategy through a series of announcements, positioning itself as a leader in enterprise AI. The company has introduced a slew of new features and products today, all underpinned by AI, with the aim of enhancing…Continue Reading
Confluent unveils a fresh initiative aimed at providing real-time data streams for enterprise AI applications
Confluent, a leading data streaming company, has unveiled its “Data Streaming for AI” initiative, aiming to establish seamless connections with prominent players in the AI and vector database sectors. This initiative enables Confluent’s clients to access the most up-to-date contextual data from various facets of their enterprises, crucial for high-speed…Continue Reading
Following increased backlash, Google has decided to extend Chromebook support from 8 years to 10
Today, Google made an announcement regarding the extension of automatic update support for Chromebooks. Specifically, they revealed that for devices released from 2019 onwards, the duration of automatic updates is being prolonged from 8 years to 10 years. This decision comes in response to growing concerns expressed by consumers, educational…Continue Reading