Baseten Raises $1.5B in Latest AI Inference Funding Round
AI inference startup Baseten reportedly nears $1.5B funding round at $13B valuation, capitalizing on surging demand for model deployment infrastructure.
Elastic to Acquire DeductiveAI for Up to $85M
Elastic agrees to acquire AI-powered bug detection startup DeductiveAI for up to $85 million, bolstering its software intelligence capabilities.
US Questions ASML’s China Chip Equipment Claims
US officials suspect ASML's advanced chip tools reached China despite export restrictions. ASML denies allegations, citing business logic and compliance safeguards.
Memory Chip Shortage Pressures Apple and Tech Giants
Micron's surge signals sustained chip supply constraints ahead. Even Apple faces rising memory costs as demand outpaces manufacturing capacity.
e2e-assure Launches Cumulo: UK’s Sovereign AI Security Platform
e2e-assure unveils Cumulo, Britain's first sovereign AI-driven SOC platform for IT/OT security with zero-day threat detection capabilities.
AI Company Challenges MRI With Ultra-Fast Body Scanner
Midjourney enters healthcare with innovative 60-second body scanner, potentially disrupting the medical imaging industry and improving patient accessibility.
Tesla’s AI Bet: Follow the Money to Find Answers
Oppenheimer analysts reveal how to gauge Tesla's AI progress by tracking capital allocation and spending patterns across the company's divisions.
Elastic Acquires DeductiveAI for Up to $85M in AI Deal
Elastic to acquire AI-powered bug detection startup DeductiveAI for up to $85 million, strengthening its software intelligence capabilities.
Sanders Proposes $7T Plan to Democratize AI Ownership
Bernie Sanders unveils ambitious $7 trillion AI wealth fund to give Americans direct ownership stakes in major artificial intelligence companies.
Snap Spins Off AI Video Team Into New Company Dotmo
Snapchat parent company Snap divests AI video unit into independent startup Dotmo, citing cost concerns and strategic focus.