News

CodeParrot joins a growing list of early-stage AI startups unable to transition from prototype to profitability ...
The tie-up provides 6AM with a new model for expansion, using AI to enter seed markets before hiring human staff ...
SiMa.ai, a startup developing an embedded edge chip to accelerate AI workloads, has raised $30 million in an expanded venture funding round.
Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.
This marks a significant change compared to 2021, when AI-related funding amounted to $42.76B versus $293.4B for non-AI funding. This is very important because despite a 50% decline in North ...
L3Harris gains margin strength and AI-driven growth through its Shield AI partnership, with 18% upside and long-term ...
It identified Singtel, Keppel and Sembcorp Industries as key AI enablers; and indicated Grab, Sea, Singapore Airlines and ST ...
San Francisco-based startup Confident Security wants to be “the Signal for AI." The company just came out of stealth with ...
Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation of about $5 billion ...
Databricks raises $10 billion in oversubscribed funding round Funding to support employee stock cash-out, AI talent hiring, and M&A Dec 17 (Reuters) - Databricks has secured a $62 billion ...
Skild AI, a Pittsburgh unicorn startup, opens a new office in San Mateo, Silicon Valley, as it continues rapid growth in AI ...
Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.