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Groq Secures $640 Million to Lead AI Inference with New LPUs
Groq, an AI inference technology leader, has successfully raised $640 million in a Series D funding round, a development that marks a significant shift in the artificial intelligence infrastructure landscape. This latest investment, which values the company at $2.8 billion, was spearheaded by BlackRock Private Equity Partners and saw contributions from Neuberger Berman, Type One […]
South Korea’s LG Introduces Advanced Open-Source AI
LG AI Research has introduced Exaone 3.0, South Korea’s inaugural open-source artificial intelligence model, positioning the country in the competitive global AI market, traditionally dominated by U.S. tech firms and emerging players from China and the Middle East. The model, featuring 7.8 billion parameters, is designed to excel in both Korean and English language tasks. […]
Startups Transform Outdoor Recreation from Golf to Hunting
Outdoor sports and recreation experienced a surge during the pandemic, with activities like golf, fishing, and pickleball seeing significant growth. Unlike other pandemic trends, the interest in outdoor activities persisted, reaching a record 175.8 million participants by the end of 2023, representing 57% of Americans aged six and older, according to the Outdoor Industry Association. […]
Google’s AI Models Surpass OpenAI in Major Upset
Google has surged ahead in the artificial intelligence race, overcoming previous setbacks to unveil its advanced Gemini models, Gemini 1.5 Pro and Gemma 2, which have outperformed OpenAI’s GPT-4o in key benchmarks. In the past year, Google’s AI initiatives faced significant challenges. The Bard chatbot’s initial demo provided incorrect information about the James Webb Space […]
Luxury Fashion Startup The Floorr Equips Personal Stylists with Powerful Business Growth Tools
The Floorr, launched earlier this year, is reshaping the digital styling industry by equipping personal shoppers and stylists with tools to expand their businesses. Accessible via the web and iOS, The Floorr offers a comprehensive suite of features, including tools for conducting sales, hosting tailored styling sessions, creating mood boards, and engaging in text or […]