Databricks, a startup based in San Francisco, USA, recently announced it has successfully raised $10 billion in funding, bringing the company's valuation to $62 billion. This news reflects strong investor interest in the field of artificial intelligence, particularly in the growing demand for investments in generative AI. Founded in 2013 by students from the University of California, Berkeley, Databricks focuses on providing cloud computing platforms to help enterprises manage data using artificial intelligence technologies.

Recently, an AI startup named Artisan launched a controversial advertising campaign in San Francisco with the slogan 'Stop Hiring Humans,' sparking widespread anger and protests. Artisan focuses on automation technology, particularly an AI sales agent named Artisan. Other slogans from this advertising campaign include 'Artisan Never Complains About Work-Life Balance' and 'Artisan's Zoom Camera Never Fails.'

Europe's most valuable artificial intelligence startup, Mistral, is actively expanding its operations in the United States to compete for AI talent with rivals in Silicon Valley. The Paris-based company is establishing a new office in Palo Alto, California, and is seeking to hire engineers, scientists, and sales teams to drive its growth in the U.S. market. According to insiders, one of Mistral's co-founders, Guillaume Lample, is also involved.

The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) has recently signed an agreement with the AI company Ethovox to protect actors' rights in artificial intelligence voice models. The primary goal of this agreement is to establish a responsible framework for the use of AI in the entertainment industry, ensuring that actors' rights are upheld in the new technological era. Under this agreement, actors will receive upfront payments when recording their voices and will share in subsequent revenues. This means that actors will be compensated fairly when their voices are used in AI models.

Vienna-based AI governance and compliance solutions provider Daiki GmbH today announced the completion of a €1.5 million seed funding round. The funds will be used to support the company's expansion into the European market and product development, marking a significant step for Daiki in promoting the responsible deployment of AI by European enterprises. Daiki offers SaaS compliance solutions tailored to the EU AI Act and ISO standards, including ISO 13485 certification for medical device manufacturers. The product, developed by a multidisciplinary team of experts, includes integrated documentation and quality management.

Recently, the medical document automation startup Tennr Inc. announced the completion of a $37 million funding round, led by Lightspeed Ventures, with participation from a16z and Foundation Capital. This financing brings Tennr's total funds raised to over $61 million, following a recent $18 million Series A round completed just six months ago. Tennr primarily focuses on utilizing artificial intelligence for...

French AI startup Les Ministraux has launched two brand new lightweight models, Ministral3B and Ministral8B, specifically designed for edge devices, with parameters of 3 billion and 8 billion, respectively. Both models excelled in instruction-following benchmark tests, with Ministral3B surpassing Llama38B and Mistral7B, while Ministral8B outperformed both models in all aspects except for coding capabilities.

In the global wave of AI, India, a tech powerhouse, is experiencing significant market opportunities. According to a report jointly released by the IT industry association Nasscom and consulting firm BCG, the AI market in India is expected to reach $17 billion by 2027. Against this backdrop, the startup Neysa, led by seasoned tech entrepreneur Sharad Sanghi, emerged with the aim of capturing this growth opportunity by providing AI solutions to local and multinational companies. This Mumbai-based startup focuses on...

In the 2024 startup investment market, artificial intelligence (AI) companies continue to play a significant role. Despite some voices in the market suggesting a decline in enthusiasm for AI, data shows that investors remain confident in this field. In the third quarter of this year, AI companies raised a total of $18.9 billion, accounting for 28% of all venture capital. Among them, OpenAI completed a round of funding amounting to $6.6 billion on October 2, marking the largest single round of funding in history. Below is a report from foreign tech media Tec

Recently, new data released by payment technology company Stripe has garnered widespread attention, showing that artificial intelligence (AI) startups are exhibiting an extraordinary speed in revenue growth. Unlike traditional software companies, these AI firms can reach millions of dollars in sales within just a year, which has surprised many. Note: Image generated by AI, licensed by Midjourney. In previous tech startup waves, many startups took years to achieve significant profitability, but now...

Mukesh Bansal, founder and CEO of Myntra, India's largest fashion e-commerce site, has announced that his latest AI startup, Nurix AI, has successfully secured $27.5 million in seed and Series A funding. Product link: https://www.nurix.ai/ This round of funding was led by renowned venture capital firms General Catalyst and Accel.