AI Star Startup Buys NVIDIA GPUs; Valuation Doubles in Weeks, but Spending is 17 Times More than Earnings

Chatbot Arena, AI Benchmarking Platform, Launches New Company

Amidst the rapid growth of the AI industry, Chatbot Arena, a crowdsourced AI benchmarking project, is expanding its reach by officially launching a new company, Arena Intelligence Inc. According to Bloomberg, Chatbot Arena aims to leverage this new entity to secure more resources, significantly enhancing the platform's functionality and services. Founded in 2023, Chatbot Arena is primarily spearheaded by the University of California, Berkeley...

Infosys Develops Over 200 AI Agents, Reports 12% Drop in FY25 Net Profit

Infosys recently released its Q4 FY25 financial report, revealing a net profit of $814 million, a 11.7% decrease compared to $959 million in the same quarter last year. However, the company's revenue grew by 7.9% year-over-year, reaching $4.7 billion. For the full fiscal year, total revenue reached $19 billion, showing a modest 3.9% increase. In a press release, Infosys CEO Salil Parekh expressed optimism regarding generative AI...

Interview Kickstart Launches Generative AI Course to Empower Tech Professionals for Future Opportunities

In the rapidly evolving landscape of Artificial Intelligence (AI), specialized knowledge for technology professionals is becoming increasingly crucial. Interview Kickstart, based in Santa Clara, California, recently announced an update to its Generative AI course, designed to equip tech professionals to navigate this rapidly changing market. This news coincides with the significant attention generated by Chinese tech giant Baidu's launch of its next-generation AI models – Ernie4.5 and Ernie X1. Baidu's multimodal foundation models...

FramePack: Revolutionary Video Diffusion Technology - Only 6GB VRAM, 1.5 Seconds/Frame

Recent advancements in generative AI have fueled innovation in video generation. A new video diffusion technology called FramePack has garnered significant attention. According to information compiled by AIbase from recent posts on X, FramePack's remarkably low VRAM requirements and efficient generation capabilities promise to usher in a new era of video generation accessible to mainstream GPUs. Technical Breakthrough: Only 6GB VRAM needed, effortlessly generating thousands of frames. FramePack's most significant advantage is its extremely low...

Gartner Report: Task-Specific AI to Outpace General-Purpose AI by 2027

A new Gartner report predicts that by 2027, enterprises will utilize task-specific AI models three times more frequently than general-purpose large language models. While acknowledging the strong language processing capabilities of general-purpose models, the report highlights their decreased accuracy in tasks requiring deep understanding of specific business domains. Consequently, businesses are increasingly focusing on customized AI models to meet their unique needs. Image note: Image generated by AI, image licensing provided by Midjourney.

Israeli Startup Brandlight Secures $5.7M to Help Brands Stand Out in the Age of AI Search

In today's generative AI-driven world, how brands perform in machine-generated search results is increasingly crucial. Israeli startup Brandlight recently announced a $5.7 million funding round to help businesses effectively influence how AI models perceive and represent their brands. Founded by CEO Imri Marcus, CTO Dvir Dvash, and COO Uri Gafni, the company attracted Cardumen Capital upon launch.

Virtue AI Secures $30 Million to Help Enterprises Deploy Generative AI Securely

San Francisco-based Virtue AI today announced $30 million in seed and Series A funding. The round was led by Lightspeed Venture Partners and Walden Catalyst Ventures, with participation from several other investors, including Prosperity7. Virtue AI is dedicated to eliminating the traditional trade-off between AI innovation and security, helping enterprises deploy AI safely and efficiently.

Hugging Face Acquires Pollen Robotics, Ushering in a New Era for Robotics

On April 15th, Hugging Face, the renowned open-source large language model platform, announced its acquisition of Pollen Robotics, marking its official entry into the physical robotics field. While specific transaction terms remain undisclosed, the acquisition will bring approximately 20 Pollen Robotics employees to Hugging Face. This represents the company's largest personnel acquisition to date, signifying its ambition in expanding its business areas. Hugging Face's co-founder...

Suzhou Releases 12 Measures to Strengthen Agriculture, Including Million-Yuan Subsidy for Agricultural Large Language Models

Nvidia Plans US-Based AI Chip Manufacturing

Nvidia recently announced plans to establish over one million square feet of manufacturing space in Arizona and Texas for the production and testing of AI chips. This represents a significant move by Nvidia to bring some of its manufacturing back to the United States. Nvidia's Blackwell chip is already in production at TSMC's Arizona facility. Additionally, Nvidia is establishing "supercomputer" manufacturing plants in Texas, partnering with Foxconn in Houston and Wistron in Dallas. In Arizona, Nvidia is collaborating with Amkor and others.