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Ellie Ramirez-Camara

News by Ellie Ramirez-Camara

1,005 items

The European Commission finalized its preliminary findings on X, and it does not look good
The European Commission has issued preliminary findings alleging that X (formerly Twitter) is in breach of the Digital Services Act, potentially leading to significant fines and required corrective measures if confirmed.
Jul 14, 2024
Helsing, a defense tech startup, raised $487M and announced its plans to expand to the Baltic region
Germany-based defense AI startup Helsing has raised €450 million in a Series C funding round led by General Catalyst, which it plans to use for product development, R&D, and expansion into the Baltic region, highlighting its mission to enhance European defense capabilities through AI technology.
Jul 14, 2024
SoftBank has acquired Graphcore, putting an end to speculation
SoftBank Group Corp has acquired UK-based AI chipmaker Graphcore for an undisclosed amount, potentially rescuing the company from financial difficulties and allowing it to continue developing its alternative to NVIDIA's dominant GPU technology, while maintaining its operations and workforce.
Jul 13, 2024
AWS is launching App Studio to democratize enterprise-ready AI application development
AWS has introduced App Studio, a generative AI-powered service that eliminates the learning curve to low-code tools to enable professionals with some technical expertise to create, manage, and deploy generative AI applications.
Jul 13, 2024
AMD acquired Silo AI, Europe's largest private AI lab in Europe, for about $665 million
AMD is set to acquire Europe's largest private AI lab, Silo AI, for $665 million, expanding its AI capabilities and strengthening its position in the global AI solutions market.
Jul 12, 2024
OpenAI's board will forego observer seats amid scrutiny of the company's relations with big tech firms
Microsoft withdraws its observer seat on OpenAI's board and Apple's plans for a similar role are canceled, as both companies respond to increasing regulatory scrutiny of big tech's involvement with AI startups.
Jul 12, 2024
Captions closed a $60M Series C as it plans to invest $100M into generative video research
Captions, an AI-powered video creation platform, has raised $60 million in Series C funding, bringing its total funding to over $100 million and valuing the company at $500 million, while announcing plans to invest $100 million in AI video research in New York City.
Jul 12, 2024
DreamFlare AI is looking to innovate in the AI-powered entertainment space
DreamFlare AI, a startup founded by Rob Bralver and Josh Liss, has raised $1.6M to launch a platform for creating, streaming, and monetizing AI-generated interactive video content while aiming to create opportunities for content creators amid concerns about AI's impact on entertainment jobs.
Jul 11, 2024
Enso has emerged from stealth to bring the power of AI to small and medium businesses
Tel Aviv-based startup Enso has launched a Guided AI Agents platform with $6 million in seed funding, offering over 1,000 AI agents across 70 industries to provide affordable, enterprise-grade AI services to small and medium-sized businesses.
Jul 11, 2024
Infinite Reality secures $350M and acquires Landvault in major expansion move
Infinite Reality has secured a $350 million investment and acquired Landvault for $450 million, boosting its valuation to $5.1 billion and expanding its capabilities in immersive technologies and digital experiences across global markets.
Jul 11, 2024
Writer announced enterprise-ready features are coming to its chatbots
Writer has launched significant upgrades to its enterprise chat apps, including built-in RAG technology, explainable AI features, dedicated task modes, and enhanced customization options. The features aim to improve accuracy, transparency, and user experience for businesses building AI applications.
Jul 10, 2024
Anthropic launched advanced prompt evaluation tools for its developer console
Anthropic has introduced new features in its developer console, including prompt generation, test case creation, and evaluation tools powered by Claude, to streamline creating and refining high-quality prompts for AI applications, making advanced prompt engineering more accessible to developers.
Jul 10, 2024