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OpenAI to Reportedly Raise New Funding to Reach Over USD 100 B

  Insights Desk   Aug 29, 2024

Highlights: Less than half a year after surpassing the USD one billion milestone, OpenAI’s yearly recurring revenue reportedly exceeded USD two billion in February. A fresh round of fundin...

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GaiaNet Raises USD Ten M to Avail Developers with Edge Nodes

  Insights Desk   May 29, 2024

Highlights: Rather than deploying AI models through centralized servers, GaiaNet operates a distributed AI infrastructure network of independently running nodes, enabling it to perform decentrali...

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Microsoft is Developing Large Language Model with 500 B Parameters

  Insights Desk   May 07, 2024

Highlights: The 500 billion parameters that Microsoft’s MAI-1 is said to have suggested that it might be positioned as a type of middle ground between GPT-3 and ChatGPT-4. It has been report...

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Predibase Unveils LoRA Land: A set of 25 Open-source LLMs That Can Be Calibrated for Any AI Usage

  Insights Desk   Feb 21, 2024

Highlights: Predibase asserts that with their technologies, an AI application can be created from scratch and operational in a few days. Predibase claims that the 25 LLMs in LoRA Land were opt...

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Modular Raises USD 100 M for Its Inference Engine and AI-based Programming Language

  Insights Desk   Aug 25, 2023

Highlights: According to Modular, their Mojo language offers a memory safety technique like Python’s but without a noticeable performance hit. The business also offers a software platform ca...

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Dell Acquires Moogsoft, a Venture-supported AIOps Startup

  Insights Desk   Jul 21, 2023

Highlights: Founded in 2012, Moogsoft secured over USD 92 million in funding from various investors through multiple funding rounds. The fundamental offering of Moogsoft is an AIOps software p...

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