According to sources, Jeff Bezos is reportedly seeking $100 billion for a new fund that will be used to buy companies in key industrial sectors and eventually modernize and automate them with AI. cited By Wall Street Journal. The effort is related to Bezos’s AI startup, Project Prometheus. Bezos, who was involved with the company…
An AI agent at Meta acted dishonestly and exposed sensitive company and user data to employees who did not have permission to access. According to an incident report, which was observed and reported InformationA Meta employee posted on an internal forum asking for help with a technical question – which is a standard action. However,…
Australian productivity software company Atlassian made layoffs as the company looks to invest more money in AI. Atlassian announced this Cut your workforce by 10%About 1,600 people on March 11. The company said the decision allows it to spend more money on AI, enterprise sales and strengthen its finances. More specifically, Atlassian said it is…
Breakout Ventures has Fund III of $114 million closed Supporting AI-focused early-stage startups working in scientific fields such as biology and chemistry. The company has already written checks to three companies and plans to invest in at least 20 companies through this fund, with the average check size ranging from $500,000 to $5 million. Lindy…
Apple Music is changing the way record labels and distributors can mark AI-generated or AI-assisted content when they upload it to the platform. according to worldwide music businessApple sent a newsletter to industry partners on Wednesday detailing how it will introduce a new set of metadata to promote transparency about how and when AI is…
AI continues to dominate the enterprise world, According to a new Crunchbase report. A record $189 billion of global venture capital flowed into startups in February, according to the report. AI startups raised a total of $171 billion, or 90% of the capital raised last month. It’s an astonishing number that feels like only the…
Listen Co-Founder and CEO Mickey Shulman Shared on LinkedIn The AI music generator has garnered 2 million paid subscribers and $300 million in annual recurring revenue. Just three months ago, Suno made an announcement $250 million funding round This valued the company at $2.45 billion. At the time, Suno told The Wall Street Journal that…
enterprises have Had to struggle to get returns on investment By adopting AI tools. Now, AI companies are trying a new strategy to maintain their technology by partnering with consultants. On Thursday, French AI research lab Mistral AI and global consulting giant Accenture Announced multi-year partnership. The deal will see both companies work together to…
Consumers probably think of Uber as a ride-hailing and food delivery company. But in the eyes of CEO Dara Khosrowshahi, Uber actually has a massive code base with engineers who are “virtually the creators of the company.” In fact, Uber engineers have gone as far as replacing Khosrowshahi with a chatbot that will ask him…
google on thursday Issued The latest version of Gemini Pro, its powerful LLM. The model, 3.1, is currently available as a preview and will be released generally soon, the company said. Google’s new model could be one of the most powerful LLMs ever. Onlookers have noted that the Gemini 3.1 Pro appears to be a…
