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Microsoft introduces Orca 2, consisting of two compact language models that surpass their larger counterparts in performance.
In the midst of the ongoing power struggle and mass resignations at OpenAI, Microsoft, a long-standing supporter of AI research, continues to advance its AI initiatives without slowing down.…
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Nvidia introduces its AI foundry service on Microsoft Azure, featuring the latest Nemotron-3 8B models.
Nvidia is strengthening its collaborative approach with Microsoft. During the Ignite conference, hosted by the Satya Nadella-led tech giant, Nvidia unveiled an AI foundry service aimed at assisting both…
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Interplay Raises $45 Million for Its Third Fund, Concentrating on B2B Marketplaces and Specialized Software
Interplay, a venture capital firm headquartered in New York, has successfully completed its third funding round, amassing $45 million. This latest fund follows two earlier rounds focusing on early-stage…
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Xiaomi declares an unprecedented achievement with a sales record of $3.11 billion on Singles Day.
During the annual Singles Day shopping event, Xiaomi, a renowned Chinese electronics company, reported exceptional sales across various platforms. From October 23 to November 11, Xiaomi’s sales surpassed 22.4…
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Bosch, SAP, and several other companies support Europe’s response to OpenAI, injecting $500 million in new funding.
Aleph Alpha, a German startup challenging the Microsoft-backed artificial intelligence firm OpenAI, announced on Monday that it had secured $500 million in funding. This funding round enjoyed support from…
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Replit’s CEO outlines the roadmap to achieve artificial developer intelligence and secures a fresh $20 million in investment.
Replit, a developer platform company, has recently secured a $20 million investment from Craft Ventures. This development is part of Replit’s ongoing efforts to empower developers with generative AI…