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AI startups
Magic AI and Codeium Raise Funding Worth USD 320 M and USD 150 M
Insights Desk
Sep 02, 2024
Highlights: Magic may be able to finance the creation of more AI models with the USD 320 million investment that it disclosed recen
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AI Image Generator Midjourney Announces Getting into Hardware
Insights Desk
Aug 29, 2024
Highlights: In December, Ahmand Abbas, who had previously worked at Leap Motion and spent five years at Apple working on the Apple Vision Pro, was also hired by Midjourne
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AI Data Development Platform Startup Encord Secures USD 30 M
Insights Desk
Aug 16, 2024
Highlights: Encord states that its software covers the four critical steps in creating AI training datasets: data management, data c
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Intel Capital Leads USD 15 M Investment in AI Construction
Insights Desk
Jul 12, 2024
Highlights: Buildots uses digital twins to capture on-site data, aiding engineers in tracking project status, pinpointing bottlenecks, and streamlining construction workf
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Runway AI Aims for USD 450 M Amid AI Startup Interest
Insights Desk
Jul 03, 2024
Highlights: Runway provides an AI platform that improves the process of creating and editing videos. The company’s AI-
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Gen AI Coding Assistant Startup Magic AI Aims to Raise USD 200 M
Insights Desk
Jul 03, 2024
Highlights: The funding discussions underscore the significant promise that investors perceive in generative AI coding technologies.
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Anthropic Introduces New Program to Fund Enhanced AI Benchmarks
Insights Desk
Jul 02, 2024
Highlights: Anthropic’s initiative arises from increasing critiques of current AI model benchmark tests, including the biannual ML
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Etched.ai Raises USD 120 M to Challenge Nvidia in AI Chip Market
Insights Desk
Jun 27, 2024
Highlights: Sohu is an AI chip designed to train, deploy, and optimize transformer models, which is crucial for large language model
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Amazon’s Alleged New AI Chatbot Metis to Compete with ChatGPT
Insights Desk
Jun 25, 2024
Highlights: Metis is designed to have conversations with users, providing answers in both text and images. It is claimed
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Apple is Eyeing to Partner with Meta for AI Capabilities
Insights Desk
Jun 24, 2024
Highlights: With the help of generative AI, users can ask questions, produce and summarize text, create and modify photos, and more
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