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Fireworks AI raises $52M led by Sequoia at $522M valuation
Artificial intelligence startup Fireworks AI, a platform that helps companies fine-tune and deploy generative AI models for specific purposes, today announced it has raised $52 million in a Series B funding round. The round was led by Sequoia Capital which placed its valuation at $522 million. Notable investors joining the round included Nvidia Corp., Advanced Micro ...
Anthropic expands developer console for creating and evaluating AI prompts
Generative artificial intelligence startup Anthropic PBC has opened up new features on its back-end console aimed at developers and technical teams that will allow them to generate, test and evaluate AI prompts. The company announced Tuesday that developers can now access a built-in prompt generator, powered by Anthropic’s AI model Claude 3.5 Sonnet, which allows ...
Samsung debuts Fold 6, Flip 6 alongside new Galaxy Ring and Watch Ultra wearables
Smartphone and electronics maker Samsung Electronics Co. Ltd. took the stage today to announce its newest generation of foldable smartphones with the Galaxy Z Fold 6 and Flip 6, designed to boost performance for the company’s artificial intelligence enhancements. Announced during the Samsung Galaxy Unpacked event in London, the company also unveiled an expanded line ...
AWS announces wider release of next-generation Graviton4 custom chips for high-performance cloud workloads
Amazon Web Services Inc. today announced that it’s rolling out the fourth generation of its most energy-efficient high-performance custom chip for cloud workloads with the Graviton4. The Graviton family of Arm-based processors is used by AWS to deliver high-performance and reduced costs in an existing broad range of cloud compute workloads in the Amazon Elastic ...
OpenAI Startup Fund and Ariana Huffington’s Thrive Global join to launch personalized AI health coach
The OpenAI Startup Fund and Thrive Global, the venture capital fund run by Huffington Post founder Ariana Huffington, announced Monday the creation of a new company, Thrive AI Health, that will build a new type of highly personalized artificial intelligence coach. Thrive AI Health will aim to provide hyper-personalized advice on health and wellness to ...
Metaverse platform Infinite Reality raises $350M at $5.1B valuation and acquires Landvault
Metaverse platform Infinite Reality Inc., a company that builds and powers virtual reality e-commerce and immersive digital media experiences, today announced it has raised $350 million in a funding deal that elevated the company’s valuation to $5.1 billion. Infinite Reality also announced the acquisition of Landvault, a technology company and studio that specializes in building ...
Immunefi and Ethereum Foundation partner on crowdsourced network audit to boost blockchain security
Blockchain bug bounty platform Immunefi and the Ethereum Foundation today announced a partnership to launch a large-scale crowdsourced collaborative network audit of the Ethereum blockchain protocol called an “Attackathon.” The Attackathon is aiming to be the largest-scale crowdsourced security audit contest conducted on the code of the Ethereum blockchain protocol. Ethereum is a decentralized, open-source ...
South Korea launches cryptocurrency monitoring system to fight market manipulation
South Korea’s financial watchdog, the Financial Supervisory Service, on Thursday unveiled a national 24-hour surveillance network designed to track and trace cryptocurrency transactions with local exchanges to combat crypto market manipulation and fraud. The system’s launch will come in tandem with new crypto investor regulations that go into effect on July 19. The new law, the Digital ...
Alphabet shuts down agricultural AI robot startup Mineral, licenses part to Driscoll’s
Google LLC parent Alphabet Inc. is shutting down its moonshot technology agricultural artificial intelligence robot startup Mineral today and licensing some of its assets to berry producer Driscoll’s Inc. Mineral launched as a division of Alphabet’s moonshot technology lab, X, in 2020 with the vision that it would use AI and robotic “buggies” to analyze ...
Blockchain oracle RedStone raises $15M to bring outside data into networks
RedStone Oracles, a modular solution that connects blockchain networks to external data, announced Tuesday that it has raised $15 million in early-stage funding led by Arrington Capital to expand its service. The company’s Series A round included participation from SevenX, IOSG Ventures, Spartan Capital, White Star Capital, Kraken Ventures, Amber Group, Protagonist, gumi Cryptos, Christian ...