All articles by Vishnu Priya N
Vishnu Priya N
You.com seeking $1.4bn valuation in new funding round
The Palo Alto-based startup, which focuses on AI search for business, plans to use the funds to bolster its AI assistant offerings.
Thread AI secures $20m to enhance AI workflows
The round was led by Greycroft, with participation from Index Ventures and Scale Venture Partners among others.
AMD bolsters AI software capabilities with Brium acquisition
The acquisition will bring advanced software capabilities to AMD, enhancing the efficiency and flexibility of its AI platform.
GlobalFoundries to invest $16bn in semiconductor production
This investment will expand the company’s manufacturing and advanced packaging capabilities across its facilities in New York and Vermont.
Speedata raises $44m in Series B funding round
The latest investment brings the company’s total capital raised to $114m.
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Meta looking to fully automate ad creation by 2026-end – report
Brands may soon be able to upload a product image and set a budgetary goal, after which Meta’s AI will generate the entire ad.
Yoshua Bengio launches LawZero to advance safe-by-design AI
The organisation was established in response to mounting concerns over the capabilities and behaviours of current frontier AI models.
Microsoft reportedly cutting 300 jobs amid AI boom
It remains unclear which roles were impacted in the latest round of job cuts.
TSMC considering advanced chip plant in UAE
The proposed project involves a significant investment in a gigafab, a complex of six factories similar to TSMC’s facility in Arizona.
Vista Equity Partners to acquire cloud ERP provider Acumatica
Acumatica’s cloud-native ERP platform supports mid-market organisations by digitally managing and automating critical processes.