Fractile Secures $15M to Revolutionize AI Chips
Fractile announces $15 million Seed funding. The new AI chip promises 100x faster performance. In-memory compute significantly reduces power consumption.
Amporin Pharmaceuticals Secures €157,000 Investment
Amporin Pharmaceuticals secured €157,000 from Venture Kick. The funding advances research in amyloid pore inhibitors. Initial focus includes Parkinson's and…
Artificial Intelligence Reshapes Workforce Dynamics
AI rapidly substitutes human intelligence, impacting jobs and economy. Efficient upskilling programs must be practical and business-specific. Holistic training fosters…
Oceano Fresco Secures €17 Million for Expansion
Oceano Fresco closes €17 million funding round for expansion. Funding led by Indico Capital Partners with notable investors involved. Company…
deepc Secures $13 Million Series A Extension
deepc raised $13 million in Series A extension. Funding supports global expansion and AI integration in healthcare. deepcOS simplifies AI…
Meta Releases Largest Open-Source A.I. Model
Meta launches largest open-source A.I. model Llama 3.1 405B. Llama 3.1 offers enhanced reasoning, multiple languages, and custom image generation.…
Google Reports Strong Q2 Earnings Driven By AI Advancements
Alphabet's Q2 revenue reached $84.74 billion, surpassing expectations. Google Search benefited significantly from AI integration. YouTube ad revenue increased by…
Wiz Declines $23 Billion Google Acquisition
Wiz withdraws from $23 billion Google acquisition offer. The startup aims for $1 billion annual revenue and an IPO. Industry…
Elon Musk’s xAI Begins A.I. Training in Memphis
Elon Musk's xAI starts AI model training in Memphis. New supercomputing center aims to compete with AI giants. xAI plans…
Cohen Addresses Criticism of Techstars’ Corporate Culture
David Cohen returns as CEO of Techstars to address corporate culture issues. Leadership differences between Cohen and Maëlle Gavet impacted…
