ElevenLabs Raises $250M to Expand AI Voice Technology
ElevenLabs raised $250M, valuing the company up to $3.3B. It develops AI tools for speech synthesis in 32 languages with…
DeepSeek Shakes Silicon Valley With Low-Cost A.I. Models
DeepSeek develops advanced A.I. models with limited GPUs, surprising Silicon Valley. Stock values of major U.S. tech companies dropped amidst…
Reid Hoffman and Siddhartha Mukherjee Launch A.I.-Powered Drug Discovery Startup
Manas AI aims to integrate A.I. and biology for faster drug discovery. The startup focuses on oncology and rare diseases…
Chinese AI Startup DeepSeek Sparks Concerns with Rapid Advancements
DeepSeek’s low-cost AI model challenges U.S. tech leadership and security strategies. U.S. defense and intelligence agencies face heightened competition amid…
Shift4Good Raises €220M to Advance Decarbonisation in Transportation
Shift4Good closed its first fund at €220M, exceeding its €100M target. The fund backs startups addressing transportation decarbonisation with innovative…
Wingbits secures $5.6M to reshape global flight tracking network
Wingbits raised $5.6M, bringing total funding to $9.2M for aviation tracking. It compensates contributors with blockchain-based $WINGS tokens for high-quality…
The U.S.-China AI Competition Intensifies with New Model from DeepSeek
DeepSeek's new AI model rivals top U.S. models, intensifying competition. Export controls face scrutiny as China advances on limited computational…
Multiple Startups Secure Significant Funding for Diverse Tech Innovations
4Elements raises €27.4M for climate tech, focusing on sustainability sectors. nexos.ai secures €7.6M to manage enterprise AI models on a…
European Commission Funds Quantum Chips Combining Light and Electronics
The European Commission funds €3M for quantum chip development with GeSi technology. GeSi's hexagonal structure enables light emission and integration…
Xaga Surgical Secures Funds to Tackle Needle-Related Health Risks
Xaga Surgical secured SEK 8M to address needle-related infection risks globally. Funds will support FDA approval, US market entry, and…