Tag: ai startup

Chinese billionaire overhauls AI startup after warning on Manus
Posted in Startups

Chinese billionaire overhauls AI startup after warning on Manus

The fallout from Meta Platforms Inc.’s controversial acquisition of Manus is prompting one tech founder to erect strict walls between his Chinese and US businesses,…

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Canadian AI startup Cohere buys Germany's Aleph Alpha to expand in Europe
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Canadian AI startup Cohere buys Germany’s Aleph Alpha to expand in Europe

Canadian AI firm Cohere agreed on Friday to buy German tech startup Aleph Alpha at an undisclosed price as it looks to increase sales to…

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Meta poaches another founding member from Mira Murati’s Thinking Machines Lab
Posted in Startups

Meta poaches another founding member from Mira Murati’s Thinking Machines Lab

Meta has hired Joshua Gross, another founding member at Thinking Machines Lab, Mira Murati’s AI startup. Per his LinkedIn profile, Gross joined Meta this March…

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AI startup Sarvam close to raising $300 million at $1.5 billion valuation
Posted in Startups

AI startup Sarvam close to raising $300 million at $1.5 billion valuation

India’s homegrown artificial intelligence startup, Sarvam AI, is close to raising $300 million to $350 million as it seeks to build a domestic player that…

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AI startup Yotta seeks $4 billion valuation ahead of planned IPO
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AI startup Yotta seeks $4 billion valuation ahead of planned IPO

Yotta Data Services Pvt., the data center operator that runs India’s largest cluster of Nvidia Corp. AI processors, is seeking to raise fresh capital at…

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Twist and turns at AI startup Thinking Machines keep Valley on the edge
Posted in Startups

Twist and turns at AI startup Thinking Machines keep Valley on the edge

On January 12, Mira Murati, the CEO and cofounder of the AI startup Thinking Machines Lab, was asked by Sam Schoenholz, a leading researcher at…

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AI startup Serval valued at $1 billion after Sequoia-led round to expand IT automation
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AI startup Serval valued at $1 billion after Sequoia-led round to expand IT automation

AI-powered IT support startup Serval has raised $75 million in a Series B funding round led by Sequoia, achieving a $1 billion valuation just three…

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Yann LeCun confirms long-rumoured departure from Meta, is now launching own AI startup
Posted in Business

Yann LeCun confirms long-rumoured departure from Meta, is now launching own AI startup

Yann LeCun has confirmed he is leaving Meta to launch his own AI startup. Considered one of the godfathers of modern AI, the 65-year-old confirmed…

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When Jeff Bezos stepped down after 27 years running Amazon, he was widely lauded as one of the best CEOs in tech history. If his new startup succeeds, it will likely come down in part to how relevant his management philosophy still is—or how much it has evolved. (Bloomberg)
Posted in Business

Jeff Bezos brings signature management style to his AI startup Project Prometheus| Business News

As Amazon.com Inc. founder and former chief executive, Jeff Bezos honed his leadership philosophy running one of the world’s largest companies. Now he’s bringing his…

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Amazon founder Jeff Bezos returns to CEO role with AI startup
Posted in Startups

Amazon founder Jeff Bezos returns to CEO role with AI startup

Amazon founder Jeff Bezos is returning to an operational leadership role for the first time in four years, taking the helm of a new AI…

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