OpenAI closes $6.5 billion deal to buy Jony Ive's device startup: Report
The acquisition signals OpenAI’s ambitions to expand beyond software and into consumer hardware, potentially reshaping how users interact with AI-powered tools and devices.
The AI Effect: MaintainX Sees Valuation Jump To $2.5B With $150M Series D Raise
Equipment maintenance startup MaintainX has reportedly more than doubled its valuation to $2.5 billion with its latest fundraise, a $150 million Series D from a long list of investors including Bessemer Venture Partners and Bain Capital.
AI Revolution in Early Stages: Horizon Investments CIO
AI Giant Nvidia Reaches $4 Trillion In Market Value, More Than UK's GDP
Nvidia became the first company to reach $4 trillion in market value on Wednesday, a new threshold in Wall Street’s bet that artificial intelligence will transform the economy.
Exclusive: OpenAI to release web browser in challenge to Google Chrome
OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet’s market-dominating Google Chrome, three people familiar with the matter told Reuters.
A New Kind of AI Model Lets Data Owners Take Control
A novel approach from the Allen Institute for AI enables data to be removed from an artificial intelligence model even after it has already been used for training.
US scrutinizes Chinese AI for ideological bias, memo shows
American officials have quietly been grading Chinese artificial intelligence programs on their ability to mold their output to the Chinese Communist Party’s official line, according to a memo reviewed by Reuters.
Microsoft saves $500M via internal AI initiatives: report (MSFT:NASDAQ)
Microsoft (MSFT) saved more than $500M last year in its call center thanks to artificial intelligence tools, according to Bloomberg.
Motive launches new AI model to detect positive driver behaviours
Smart driving behaviours pinpointed by the model are swiftly validated by Motive’s safety team.