AI chip startup Tenstorrent has reportedly raised $700 million in its quest to challenge Nvidia. The investment — from Amazon founder Jeff Bezos and Samsung — values...
Chief operating officers (COOs) at large firms with more than $1 billion in revenue are turning to generative artificial intelligence (GenAI) for complex tasks like...
OpenAI is reportedly bolstering sales staff amid a “paradigm shift” in corporate AI spending. In an interview with The Information Wednesday (Nov. 27), OpenAI Chief Commercial Officer Giancarlo “GC”...
Argil has closed a seed round supporting its artificial intelligence (AI)-powered platform that helps businesses, educators and creators produce videos. The company raised 4.9 million...
SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. It’s part of an effort by SoftBank Group CEO Masayoshi Son to strengthen the company’s stake in OpenAI...
Artificial intelligence (AI) development platform Lightning AI has obtained a $50 million equity investment. The company, maker of the PyTorch Lightning open AI framework, announced...
Elon Musk’s artificial intelligence (AI) startup xAI reportedly raised $5 billion in a funding round, valuing the company at $50 billion. The new financing brings the...
Nvidia’s push into overseas artificial intelligence (AI) infrastructure highlights growing worries about America’s outdated power grid. The potential departure of AI investment spotlights a critical...