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DeepSeek-V3 Sets New Benchmark as an Open-Source AI Model
Chinese AI startup DeepSeek has introduced its latest creation, DeepSeek-V3, an ultra-large open-source AI model boasting 671 billion parameters. Released under the company’s license via Hugging Face, the new model demonstrates exceptional performance, outperforming leading…
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Elon Musk’s xAI Secures $6 Billion in Series C Funding
Elon Musk’s artificial intelligence venture, xAI, has raised $6 billion in a Series C funding round, nearly doubling its valuation to $45 billion. The round attracted participation from major players, including Andreessen Horowitz, BlackRock, Fidelity,…
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Proton Intelligence Raises $6.95M to Launch Potassium Monitoring Tech
Proton Intelligence, a Canada-based startup, is working on a groundbreaking solution to help patients with chronic kidney disease and those at risk of heart failure. Potassium imbalances, often life-threatening, remain challenging to monitor. The company…
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PharmEasy Faces $456 Million Valuation After Investor Reassessment
PharmEasy, a leading online pharmacy in India, has seen its valuation drop significantly to approximately $456 million. This comes after investor Janus Henderson disclosed in a filing that it now values its 12.9 million shares…
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Electric Aircraft Startup Lilium Shuts Down Amid Insolvency Struggles
Lilium, a German startup that once led the charge in electric aircraft innovation, has ceased operations and laid off approximately 1,000 workers. After nearly 11 years of development and raising over $1 billion in funding,…
