Developer AI coding tool Cursor continues to swallow venture capital as its valuation continues to soar. On Thursday, Cursor announced a $2.3 billion funding round, valuing the company at $29.3 billion, as originally reported. wall street journalThe round is more than double the company’s previous valuation of $9,9 billion, which it had achieved during its…
Microsoft is literally taking a page from OpenAI’s playbook. bloomberg first reported The tech giant plans to leverage its partner’s custom chip development to boost its struggling semiconductor efforts, a move that looks increasingly practical given Microsoft’s weak performance compared to rivals like Google and Amazon. The arrangement is straightforward: OpenAI is designing AI chips…
ElevenLabs reached an agreement with the actors michael cain And Matthew McConaughey The company announced this week that they will be AI-generating their voices. Hollywood and AI have a tumultuous relationship, with AI and its use – or lack thereof – being one of the main concerns that led to a strike in Hollywood a…
A German court ruled that OpenAI’s ChatGPT violated the country’s copyright laws by training its language model on a licensed musical work without permission, including several news outlets. The Guardian reported. The decision comes from a lawsuit that GEMA, the organization that handles music rights in Germany, filed against OpenAI last November. The company was…
solar activity that has been Lighting up the night sky across North America Now this week, Jeff Bezos’ space company is having to postpone the second launch of its New Glenn mega-rocket from Cape Canaveral, Florida. Hours before the scheduled launch on Wednesday, Blue Origin Said It has been held back by the effort because…
Airbnb is piloting a service with Instacart that will allow guests to order groceries directly through the Airbnb app before and during their stay. bloomberg Report. According to an email sent to hosts, Airbnb will offer the “kitchen stocking” service during a three-month pilot program starting on January 5, the report said. The report says…
The European Commission is stepping up efforts to increase the security of Europe’s telecommunications networks by urging member states to phase out equipment from vendors like Chinese tech giants Huawei and ZTE from their 5G and next-generation networks, according to Bloomberg. informedCiting unknown sources. Bloomberg reported that the EC recommended in 2020 that member states…
SoftBank and OpenAI announced A new 50-50 joint venture To sell enterprise AI tools under the “Crystal Intelligence” brand in Japan this week. On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about whether the biggest AI deals are creating real economic value or…
Gamma, a startup that creates AI-generated presentations, websites, and social media posts, announced A $68 million Series B round led by Andreessen Horowitz on Monday at a valuation of $2.1 billion. Co-Founder and CEO Grant Lee Posted on x The company has made $100 million in ARR with 70 million users. The startup made $50…
Slow Ventures hosted a three-hour “Etiquette Finishing School” this week, covering topics like the proper handshake, public speaking and office decorum. There was even a fashion show with models showing off different looks for different occasions, and then a closing lesson about caviar and wine. San Francisco Standard reports A few hundred founders applied for…
