Business

Korean Firm AITRICS Hopes To Enter The US Market With Its Most Recent $20M Funding

In a recent Series B fundraising round, medical AI firm AITRICS raised 27.1 billion won ($20.1 million). Premier Partners, BNH
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Amazon Provides Startups With Free Credits to Employ Anthropic AI Models

In an interview with Reuters, Amazon Web Service (AWS) (AMZN.O), opens new tab, said that in an effort to increase the
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Former Google Employees Launch MatX, an AI Chip Company

The business, MatX, will produce processors made especially to accommodate Large Language Models (LLMs). The business has already raised $25
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Yahoo is Purchasing Artifact, an AI-powered Journalism Firm Founded by Instagram Co-founders

The AI-powered news app Artifact, which was co-founded by Mike Krieger and Kevin Systrom of Instagram, is going to be
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Deliveries From Rivian Increase by 70% While the EV Startup Upholds Its 2024 Production Goal

The Irvine, California-based Rivian reported on Tuesday that while it built 13,980 vehicles in Q1, it only delivered 13,588. Additionally,
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Startup Providing Employee Training, Modal, Closes A $25 Million Fundraising Round

The startup Modal Learning Inc., which assists businesses in providing their employees with new technical abilities, has closed a $25
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Canada Raises Its Investment In Telesat Lightspeed

In order to assist flagship geostationary operator Telesat in financing its Lightspeed low Earth orbit (LEO) broadband constellation, Canada is
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First Airplane Unveiled by Hypersonic Startup

Hermeus, an Atlanta-based business, has showcased its first flight vehicle, taking it one step closer to creating the world’s first
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Why Billion-dollar IT Companies Are Funding AI Startups

This week, Amazon revealed a $2.75 billion investment in artificial intelligence (AI) firm Anthropic, joining the ranks of other digital
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From a passion for finance to excellence in the field, meet Oz Clement Knight

Oz Clement Knight, a top-notch private equity fund manager and entrepreneur, empowers others with his years of experience, knowledge, and
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