This artificial intelligence (AI) specialist leveraged decades of expertise in information technology (IT) and cloud systems and is on a path to earn membership in a very exclusive fraternity.
NAB sacks 400+ staff; Macquarie’s AI move; Apple’s new lifesaver
Read everything that’s happened in the news so far today.
Accelerating Development Cycles and Scalable, High-Performance On-Device AI with New Arm Lumex CSS Platform
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