Nvidia-backed startup Nscale disclosed Friday that revenue had surged 10 times in the first half of this year from the year-ago period, but losses mounted as the cloud startup spent billions on data ...
Google acknowledged that its Gemini AI model unexpectedly breached the networks of three outside companies during safety evaluations conducted by third-party testing firm Irregular last May, The Wall ...
Anthropic finance chief Krishna Rao and other executives met with groups of prospective public investors last month with his company’s numbers looking spiffier than ever. The company had gone from ...
Did the blockchain revolution just start with a cat meme?Millions of dollars worth of ether, the cryptocurrency of the ...
Rising alarm about AI’s perils is thrusting into the spotlight a collection of little-known research groups focused on the technology’s safety—and fueling questions about their ability to effectively ...
In a room full of IT professionals, words and phrases like “tokenization,” “retrieval-augmented generation,” and “context window” need no explanation. But when technology leaders present to their CEOs ...
A secretive Chinese AI model startup founded in February by a Tsinghua University professor is now valued at more than $1.4 billion, after raising $400 million in three funding rounds from investors ...
CoreWeave said on Friday it had priced $3.7 billion in convertible bonds, more than the AI cloud provider had previously said it was targeting. The convertible senior notes will be due in 2033 and ...
TikTok’s owner ByteDance confirmed it is entering the fray for China’s digital payments, a market dominated by tech giants Tencent and Alibaba affiliate Ant Group. ByteDance said that it acquired ...
The revenue picture for AI startups is brightening, a bit. In just seven months, annualized revenue at “AI native” companies selling AI models or apps has doubled, from $15 billion to more than $30 ...
Major insurers including Berkshire Hathaway and Chubb are taking steps to cut AI-related damages from corporate insurance ...
Google is developing artificial intelligence that takes over a person’s web browser to complete tasks such as gathering research, purchasing a product or booking a flight, The Information reported ...
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