OpenAI, Anthropic, Amazon and Microsoft are bankrolling a new nonprofit to retrain American workers for the AI economy. RAISE US, led by Gina Raimondo, has already raised more than $500m. The biggest names in AI agree on at least one thing. The technol…
A recording from a meeting at consulting firm Accenture has raised concerns over how much companies are spending on AI. As companies bullish on AI rush to take advantage of the technology, solutions to out of control token spend could see non-technical employees encouraged to stop using it for spurious tasks.
Adobe is buying Topaz Labs, the Emmy-winning maker of AI image and video enhancement tools. The deal hands Adobe upscaling, restoration and on-device AI as creators blend captured and generated footage. Adobe has agreed to buy Topaz Labs, an AI company…
Scaled Cognition has raised $100M led by Khosla Ventures to build AI that does not hallucinate. The startup says its model will not give a wrong answer, a bold claim in a field built on probability. Scaled Cognition, a Mountain View AI lab, has raised …
Airwallex has raised $320M at an $11bn valuation, up from $8bn in December. The payments company is now pivoting to “autonomous finance” and AI agents that transact on your behalf. Airwallex, the global payments platform, has raised $320m in a Series H…
The era of AI was ushered in with dazzling displays of its seemingly endless capabilities and a promise to change the world. After OpenAI sparked the generative AI boom in 2022, the pace and scale of AI growth in just about every major industry have be…
French insurtech Alan has raised €480M led by Prosus at a €5.5bn valuation, just months after its last round. The Paris company is betting that AI-driven prevention can reshape health insurance. Alan, the French health insurance company, has raised €48…
Artificial intelligence is rapidly reshaping retail, but not in the ways consumers might immediately notice. The biggest transformation may not be flashy virtual try-ons or chatbot shopping assistants, but in how decisions are made behind the scenes: how products surface in search results, how inventory moves through supply chains, how engineers ship code faster, and…
AI tech giant Alibaba, often considered as the Amazon of China, is being accused by Anthropic for using Claude to train its AI models. The American AI startup claimed that it traced over 25,000 accounts to operators that were affiliated with Alibaba and Alibaba Qwen.
When cloud computing transformed enterprise IT, security vendors followed the workloads. Visibility into cloud infrastructure became a central requirement as organizations shifted applications and data into new environments. Artificial intelligence is …