Perplexity, an artificial intelligence startup aiming to challenge Google’s dominance in web search, is finalizing a new funding deal at around a $1 billion valuation, people familiar with the matter said, roughly doublingRead More
The chipmaker’s shares rose as much as 4.9% on Friday after closing at a $1.96 trillion valuation in the previous session. The gain will cement Nvidia’s position as the world’s fourth-most valuable companyRead More
Figure AI also gets investments from Intel, Samsung, and Amazon The company, valued at roughly $2 billion, is raising $675 million Robots have emerged as a critical new frontier for the AI industry,Read More
The chip maker reported another quarter of blockbuster results, driven by soaring demand for AI systems. Nvidia shares were up 15% in afternoon trading. That helped the Nasdaq Composite climb more than 2%,Read More
Startup making accelerator chip for developing AI models. Previously focused on building tools for autonomous vehicles. Tweet on Recogni startup Recogni Inc., an AI startup that builds technology to support autonomous vehicles, hasRead More
Nvidia’s shares have been on a tear thus far this year, rising nearly 50% amid signs that demand remains strong for its chips used in data centers for complex computing tasks required byRead More
Lambda, a startup that sells cloud computing services and computers for training artificial intelligence software, has raised $320 million in a new funding round that valued the company at $1.5 billion. The startupRead More
Unlearn.ai, an artificial intelligence startup that helps speed up clinical research, raised $50 million from investors led by Altimeter Capital Management to fund its push to upend drug development. Tweet on AI StartupRead More
Super Micro Computer Inc. has more than doubled this year, building on last year’s surge of about 250% and easily eclipsing the returns of other AI-related shares, like Nvidia, Advanced Micro Devices Inc.Read More
Palantir Technologies Inc. said that demand for its artificial intelligence products was driving sales, and gave a higher-than-expected profit outlook for 2024. The company’s shares climbed more than 15% in after-hours trading. TweetRead More
