Samsung Leads €3 Billion Round Pushing Mistral AI to €21 Billion Value
Mistral AI has raised €3 billion ($3.5 billion) at a valuation exceeding…
ByteDance AI Model Targets Real-Time Spatial Video Generation
ByteDance is accelerating the development of a new AI model built for…
Wonderful AI Hits $5 Billion Valuation With Service-Led Business Model
Israeli AI startup Wonderful AI has secured a $5 billion valuation after…
Gimlet Labs Hits $3 Billion Valuation With $300 Million Round Led by Andreessen
Gimlet Labs, a startup that routes artificial intelligence workloads across multiple chip…
Gimlet Labs Raises $300M at $3B Valuation to Route AI Across Chip Types
Gimlet Labs, a startup building software to split AI workloads across different…
Nvidia’s $12.9 Billion Hugging Face Deal Reshapes Open AI Landscape
Nvidia has closed a $12.93 billion acquisition of Hugging Face, giving the…
Reliance Jio Opens Cloud PC Service to All India Users for AI Access
Reliance Jio has opened its JioPC cloud computing service to any internet…
OpenAI’s Jalapeño Chip Claims to Outperform Nvidia’s Upcoming GB300
OpenAI has unveiled its in-house Jalapeño chip, with new benchmarks claiming the…
Tencent-Backed Chinese AI Chipmaker Enflame Raises $908M in IPO
Shanghai Enflame Technology, a Chinese AI chipmaker backed by Tencent, expects to…
Nvidia’s $13B Hugging Face Bid Signals Open-Weight AI Land Grab
Open-weight AI companies have become Silicon Valley's most coveted acquisition targets, with…