Start-Up

OpenAI Releases GPT-4.1 With Improved CodingOpenAI Releases GPT-4.1 With Improved Coding

OpenAI Releases GPT-4.1 With Improved Coding

OpenAI says GPT-4.1 model family can understand prompts with up to 1 million tokens, features improved coding over GPT-4o

2 weeks ago
EV Maker Lucid Buys Plant From Bankrupt NikolaEV Maker Lucid Buys Plant From Bankrupt Nikola

EV Maker Lucid Buys Plant From Bankrupt Nikola

Luxury electric vehicle maker Lucid Motors buys Arizona factory, former headquarters of bankrupt Nikola, offers jobs to 300 staff

2 weeks ago
Ex-Cruise Chief Vogt Raises $150m For Robotics Start-UpEx-Cruise Chief Vogt Raises $150m For Robotics Start-Up

Ex-Cruise Chief Vogt Raises $150m For Robotics Start-Up

Former Cruise chief executive Kyle Vogt reportedly raises $150m for The Bot Company at $2bn valuation, as investors rush to…

1 month ago
At DeepSeek, Liberal Arts Graduates Give AI Human TouchAt DeepSeek, Liberal Arts Graduates Give AI Human Touch

At DeepSeek, Liberal Arts Graduates Give AI Human Touch

Chinese AI start-up DeepSeek uses team of 'data omniscients' to curate training data as general knowledge, emotional nuance become key

2 months ago
South Korea Suspends DeepSeek From App StoresSouth Korea Suspends DeepSeek From App Stores

South Korea Suspends DeepSeek From App Stores

South Korean data authority suspends Chinese AI start-up DeepSeek from Apple, Google app stores while it addresses privacy issues

2 months ago
European Start-Ups Adopt DeepSeek To Cut CostsEuropean Start-Ups Adopt DeepSeek To Cut Costs

European Start-Ups Adopt DeepSeek To Cut Costs

European start-up executives say DeepSeek could make AI more accessible with services at fraction of cost of OpenAI

3 months ago
Sensitive DeepSeek Data Exposed OnlineSensitive DeepSeek Data Exposed Online

Sensitive DeepSeek Data Exposed Online

Cloud security firm Wiz finds sensitive data from AI start-up DeepSeek exposed online, after chatbot emerges into spotlight

3 months ago
OpenAI’s Altman Promises ‘Much Better’ Models After DeepSeek RevealOpenAI’s Altman Promises ‘Much Better’ Models After DeepSeek Reveal

OpenAI’s Altman Promises ‘Much Better’ Models After DeepSeek Reveal

OpenAI chief executive Sam Altman promises 'much better' AI models, fast-track release schedule after DeepSeek rattles markets

3 months ago
DeepSeek Goes Quiet For Lunar New Year After AI ShockDeepSeek Goes Quiet For Lunar New Year After AI Shock

DeepSeek Goes Quiet For Lunar New Year After AI Shock

Chinese AI start-up DeepSeek goes into quiet mode for week-long Lunar New Year holiday after shock popularity roils world tech…

3 months ago
Low-Cost Chinese AI Chatbot Roils Tech StocksLow-Cost Chinese AI Chatbot Roils Tech Stocks

Low-Cost Chinese AI Chatbot Roils Tech Stocks

AI chatbot from Chinese start-up DeepSeek jumps to top of iOS free downloads in US, shaving billions off tech stocks…

3 months ago
Run:ai To Open Source Software As Nvidia Completes $700m BuyRun:ai To Open Source Software As Nvidia Completes $700m Buy

Run:ai To Open Source Software As Nvidia Completes $700m Buy

Israeli start-up Run:ai to open source GPU management software as Nvidia completes $700m buyout, following antitrust scrutiny

4 months ago
OpenAI Gives Details On For-Profit ShiftOpenAI Gives Details On For-Profit Shift

OpenAI Gives Details On For-Profit Shift

OpenAI to create public benefit corporation in Delaware in effort to put it on even footing with competitors, attract investors

4 months ago
AI Start-Up Basis Raises $34m For Accountancy AgentAI Start-Up Basis Raises $34m For Accountancy Agent

AI Start-Up Basis Raises $34m For Accountancy Agent

Start-up Basis raises $34m in Series A funding round for AI-powered accountancy agent to make up for shortfall in human…

4 months ago
Former OpenAI Researcher Raises $40m For AI Voice Start-UpFormer OpenAI Researcher Raises $40m For AI Voice Start-Up

Former OpenAI Researcher Raises $40m For AI Voice Start-Up

Former co-developer of voice mode for OpenAI's ChatGPT launches WaveForms AI to make AI voice interactions feel more intuitive

5 months ago
OpenAI Seeks To Remove Commercial ‘AGI’ ConstraintOpenAI Seeks To Remove Commercial ‘AGI’ Constraint

OpenAI Seeks To Remove Commercial ‘AGI’ Constraint

ChatGPT developer OpenAI reportedly discussing removal of provision that blocks Microsoft from accessing super-intelligent AI

5 months ago

Germany Shoulders €600 Million Of Northvolt Debt

Lender KfW is to be reimbursed by the German government more than €600 million ($629 million) of Northvolt debt

5 months ago

Amazon To Pump Another $4bn Into AI Start-Up Anthropic

Amazon to invest a further $4bn into AI start-up Anthropic, doubling its investment as it vies against stiff competition

5 months ago

Perplexity Adds Shopping Features To AI Search

Perplexity adds shopping features to generative AI-powered search as it faces more direct competition from OpenAI's ChatGPT

5 months ago

Battery Maker Northvolt Misses Production Targets

Northvolt has reportedly missed internal EV battery production targets since September, reduces production at main plant

5 months ago

SpaceX Prepares Tender Offer At $250bn Valuation

SpaceX to begin tender offer in December valuing company at $210bn, as Elon Musk's xAI raises $5bn at $45bn valuation

5 months ago

Autumn Budget Hikes Business Taxes, Seeks Growth

First Labour Budget in 15 years includes increased payouts from businesses and capital gains, as government looks to promote growth

6 months ago

Latest Funding Round Values Start-Up Sierra AI At $4.5bn

Start-up Sierra AI, co-founded by former Salesforce co-chief Bret Taylor, sees valuation more than quadruple in new funding round

6 months ago

Shein Profits Drop 70 Percent

Direct-from-China e-commerce firm sees profits plummet 70 percent in first half of 2024 amidst stiff competition from Temu, as it…

6 months ago

Worldcoin Rebrands To World Network, Ramps Up Iris Scanning

Sam Altman's Worldcoin rebrands itself as pledges to ramp up its controversial iris-scanning crypto project

6 months ago

OpenAI Backers ‘Betting It Will Be Worth Trillions’

Venture capital firms participating in $6bn-plus OpenAI funding round betting start-up will be worth trillions, report says

7 months ago

Jony Ive Confirms Working With OpenAI’s Altman On Device

Former Apple designer Sir Jony Ive confirms working with OpenAI chief Sam Altman on AI device 'less socially disruptive' than…

7 months ago

Nvidia Invests In Japan Start-Up Sakana AI

AI chip giant Nvidia invests in start-up Sakana AI in funding round that takes company to over $1bn valuation

8 months ago

Revolut Valued At $45 Billion, More Than Barclays, NatWest

Secondary share sale sees UK's Revolut now worth more than Barclays, NatWest and other large European banks

8 months ago

Google Hires Character.AI Staff, Licenses Tech

Character.AI co-founders Noam Shazeer, Daniel De Freitas to return to Google along with other researchers in latest AI 'acqui-hire'

9 months ago

Revolut Gains UK Banking Licence

After three years of trying, fintech start-up Revolut finally recieves a UK banking licence, but with some restrictions from regulator

9 months ago