Arm Lumex CSS platform accelerates development cycles with integrated CPU, GPU, and system IP for scalable, and efficient on-device AI performance.
Mercor AI Startup Eyes $10B Valuation Amid $450M Run Rate and Lawsuit
Mercor, a two-year-old AI talent marketplace founded by young Thiel Fellows, has surged from a $250 million valuation in 2024 to eyeing $10 billion amid a $450 million run rate. Despite a corporate espionage lawsuit from rival Scale AI, its rapid growth exemplifies the frothy AI investment boom.
Sources: AI training startup Mercor eyes $10B+ valuation on $450 million run rate
The two-year-old startup has been in discussions with investors for a Series C round.
Sources: AI training startup Mercor eyes $10B+ valuation on $450M run rate
The two-year-old startup has been in discussions with investors for a Series C round.
Microsoft Will Use Anthropic Models in Office 365 Copilot
Microsoft plans to buy access to Anthropic’s artificial intelligence (AI) models for parts of Office 365 Copilot, partly reducing its reliance on OpenAI,
Inception Point AI Set to Produce 5,000 Podcasts Weekly for $1 Per Episode
Inception Point AI, founded by ex-Wondery executive Jeanine Wright, plans to revolutionize podcasting by generating 5,000 shows and 3,000 episodes weekly using AI, at just $1 per episode. This aims to democratize content creation across genres, though critics raise concerns about authenticity, ethics, and job displacement. The venture could reshape audio consumption in 2025.
UF launches AI avatar
‘Daphne’ to connect with alumni
Credo Unveils Bluebird 1.6T Optical DSP for Low-Power, High-Bandwidth, and Ultra-low Latency AI Networks
Credo Unveils Bluebird 1.6T Optical DSP for Low-Power, High-Bandwidth, and Ultra-low Latency AI Networks
Slim iPhone Air could be a design win for Apple, analysts say
CUPERTINO, California (Reuters) -Apple CEO Tim Cook appeared to be channeling his predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company’s slimmest handset yet and the biggest change in eight years to a lineup that fans and analysts complained was stagnating. Inside its 5.6-millimeter-thick (0.22 inch) frame – thinner than Samsung Electronics’ S25 Edge at 5.8 mm – the iPhone Air’s circuitry has been shrunk to the size of a few postage stamps, clearing the way for as much battery capacity as possible. Going into the event, many analysts had predicted a ho-hum reception to the product launches, but on Tuesday some said the four new iPhones – iPhone Air, iPhone 17, iPhone 17 Pro and iPhone 17 Pro Max – offered a lineup likely to appeal to customers with varied budgets.
'We're all kind of in shock.' Oracle's revenue projections leave analysts slackjawed
Oracle’s earnings report included numbers that suggest the company’s growth rate due to artificial intelligence is about to pop.