In a significant move within the artificial intelligence sector, Toronto-based AI startup Cohere has successfully raised $450 million from high-profile corporate investors, pushing its valuation to an impressive $5 billion. The round, led by tech giants Nvidia, Salesforce Ventures, and Cisco, also included participation from Canadian pension fund PSP Investments. This substantial investment underscores the…
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Since its inception in July 2023, xAI has rapidly ascended the ranks to become one of the most valuable AI startups globally. The company recently secured $6 billion in funding, catapulting its valuation to an impressive $24 billion and establishing it as the second most valuable AI startup. But what is driving this remarkable interest…
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Hyperleap AI Emerges as a Trailblazer in the Indian Generative AI Landscape In the rapidly evolving world of artificial intelligence, Hyderabad-based startup Hyperleap AI is making waves with the launch of its enterprise-ready end-to-end Generative AI platform. This groundbreaking development comes on the heels of a successful pre-seed funding round of $225,000, signaling a significant…
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Google I/O 2024 was a whirlwind of AI announcements, solidifying Google’s commitment to making artificial intelligence an integral part of our digital lives. While some may argue that OpenAI’s recent revelations stole the spotlight, the sheer breadth of Google’s AI integration across its product ecosystem is undeniable. Gemini 1.5: Redefining Conversational AI with Unprecedented Contextual…
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Advancing AI Technology: Introducing GPT-4o and Enhanced ChatGPT Features In line with our mission to advance AI technology and make it accessible and beneficial to everyone, we are excited to introduce our newest model, GPT-4o. Additionally, we are rolling out more intelligent and advanced tools to ChatGPT for free, ensuring that everyone can benefit from…
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In a groundbreaking development at the intersection of artificial intelligence (AI) and medical science, researchers have unveiled a new AI model that can accurately predict a person’s age simply by analyzing a picture of their hands. This innovative technology, which has far-reaching implications for healthcare and beyond, is poised to revolutionize how we understand the…
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In the pulsating arena of artificial intelligence, where innovation is the currency and competition is fierce, Apple Inc. emerges as a formidable contender with its latest revelation: “Project ACDC.” This clandestine endeavor, shrouded in secrecy until recently, underscores Apple’s resolute stride towards pioneering AI advancements. Under the enigmatic banner of “Project ACDC,” Apple is charting…
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Ever glanced at your Fitbit stats and pondered, “What does this mean for me?” Well, you’re not alone. Fitbit’s latest innovation, an AI-driven chatbot, is set to decode your health data, unveiling hidden patterns and delivering tailored guidance – akin to having your trainer right at your fingertips. With Google (Fitbit’s parent company) at the…
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In the realm of artificial intelligence (AI), Apple has been stealthily building its arsenal through a spree of acquisitions, outpacing even tech giants like Google and Meta (formerly Facebook). Over the past year alone, Apple has reportedly acquired an impressive 32 AI startups, according to data sourced from a Statista report by Stocklytics. This aggressive…
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The technological synergy between Reliance Jio and the Indian Institute of Technology Bombay (IIT Bombay) has paved the way for a pioneering venture in the field of artificial intelligence (AI), known as Bharat GPT. Akash Ambani, Chairman of Reliance Jio, has unveiled this ambitious project with the aspiration of ingraining AI into the very fabric…
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