Lightmatter secured $400 million in Series D funding to accelerate the deployment of its Passage product. Passage uses photonics technology to overcome chip interconnection bottlenecks in AI and HPC workloads, potentially revolutionizing data center performance and efficiency.
LatticeFlow launched COMPL-AI, an open-source framework for EU AI Act compliance, offering technical interpretations and evaluations of major AI models while addressing the gap between regulatory requirements and practical implementation.
Manifest, an AI-powered wellness app designed to combat loneliness among young adults by offering empathetic responses, personalized affirmations, and bite-sized meditation sessions, has emerged from stealth with $3.4 million in funding as it scales operations to meet growing demand.
London-based startup Neuphonic has developed an ultra-low latency text-to-speech engine for more natural conversational AI. Neuphonic has also secured €3.5 million in pre-seed funding to advance its technology and expand language support.
Mistral AI has launched two new compact models, Ministral 3B and 8B, which outperform comparably sized models, feature long context windows, and offer competitive pricing for several edge and on-device applications ranging from on-device translation and offline assistants to robotics.
Shift Bioscience has secured $16 million in seed funding to advance the AI-powered cell simulation platform which supports its mission to identify gene activations that can safely trigger cell rejuvenation and serve as the basis for treatments for age-related diseases.
Google has redesigned its Shopping platform, which now features AI-generated briefs that offer relevant considerations and a selection of products. The company also launched a suggested product feed based on user preferences and a custom deals page.
Gladia, a voice AI company, has launched Gladia Real-Time, a groundbreaking low-latency audio transcription and analysis product supporting over 100 languages. Gladia has also secured $16 million in Series A funding to develop its audio AI infrastructure.
Lidwave has closed a successful $10 million seed funding round that will enable it to continue developing its FCR™ technology, a novel approach to LiDAR based on light's coherence. With its FCR™ technology, Lidwave expects to unlock scalable production that makes LiDAR a mainstream technology.
Galileo, a leading AI evaluation platform, has secured $45 million in Series B funding to expand its Evaluation Intelligence Platform, which aims to improve AI accuracy and trustworthiness for teams worldwide.
The 2024 chemistry and physics Nobel Prize laureates work on ML; Basecamp Research is building a huge biodiscovery database; forward earth, Scope3, Qantev, and Numeric secure new funding; Intel and AMD's new hardware; Pyramid Flow generates video using a single transformer model; and more.
At Advancing AI 2024, AMD unveiled a comprehensive suite of AI-focused hardware solutions, including new EPYC processors, Instinct accelerators, networking products, and Ryzen AI PRO processors for enterprise PCs, along with improvements to their ROCm software stack.