XAI Raises $20 Billion From Valor, Nvidia
XAI, Elon Musk’s AI lab, said Tuesday it had raised $20 billion from investors including Valor Equity Partners, Stepstone Group, and Fidelity, as well as Nvidia and Cisco. That’s more money than t...
AI Lab Hark Hires Leadership from Apple, Meta
Hark, the AI lab that Figure AI CEO Brett Adcock recently founded, has hired over 30 engineers, including Head of Design Abidur Chowdhury, who previously designed phones and laptops for Apple, accordi...
Why Expedia Won’t Fight ChatGPT’s Travel Ambitions
AI companies envision a future in which AI agents, rather than humans, become the primary users of websites such as commerce apps. The idea is that people may be more inclined to ask chatbots like Cha...
Amazon’s “Buy For Me” Feature Sparks Backlash From Small Retailers
Amazon has sparked blowback from some small retailers over a feature that displays items not sold on its site in Amazon search results, with some business owners objecting to Amazon not seeking permis...
Nvidia’s Clever Approach to Its New Self-Driving Car Model
Nvidia CEO Jensen Huang took the stage at CES on Monday to deliver a volley of announcements—Nvidia published 10 press releases during his keynote! Many of those announcements focused on Nvidia’s ...
Amazon Tries to Move Beyond AI Basics
After nearly three years of building its own version of cutting-edge large language models, Amazon has come up with models that offer a reliable, cheap alternative to the flashiest ones made by rivals...
Google’s Samsung AI Advantage
Can anyone catch up with Google in the AI race? That question came to mind on Monday, after Reuters quoted Samsung’s co-CEO talking about his plans to double the number of mobile devices running Gal...
Venezuela-focused Stablecoin Startup To Make Hacked Customers Whole
Venezuela-focused stablecoin startup Kontigo said it will repay the $340,000 that was stolen from more than 1,000 of its customers in a hack, according to a statement the company issued on Monday. In ...
