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Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up from the $5.5 billion valuation it landed a little over a year ago when it raised its previous round, also $500 million. Toronto-headquartered Cohere was one of the first breakout LLM model makers,…
The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week…
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership…
Ethereum’s future will be dominated by AI agents leveraging a dormant web standard, HTTP 402, and EIP 3009, to make real-world payments in crypto without human input, two Coinbase devs said. Autonomous agents — AI-powered programs that can think and transact without human input — could unlock a new world of e-commerce on Ethereum due…
I’m riding in the back of a Waymo that’s autonomously navigating the busy streets of San Francisco with relative ease thanks to 29 external cameras, six radar, and five lidar sensors all feeding into an AI model. For just 15 bucks, I get to experience what feels like a miracle of modern technology, and yet,…
Igor Babuschkin, a co-founder of Elon Musk’s xAI startup, announced his departure from the company on Wednesday in a post on X. Babuschkin led engineering teams at xAI and helped build the startup into one of Silicon Valley’s leading AI model developers just a few years after it was founded. “Today was my last day…
India-based audio series platform maker Pocket FM aims to be the Netflix of audio. That is, the company intends to match its audio series with hundreds of episodes to its users’ tastes. For that to work, it needs to release content rapidly — something it’s now turning to AI to help with. The Lightspeed-backed startup…
When NeoLogic started building its more energy-efficient CPUs for AI servers, folks in the industry told its founders Avi Messica and Ziv Leshem that their idea wasn’t viable. “Most of the people that we have met say it’s impossible,” Messica told TechCrunch. “Some of them told us, at the time, that the innovation is impossible…
Interior design is undergoing a dramatic transformation right now. Americans are fundamentally changing how they approach their living spaces, embracing practical innovations that make daily life more comfortable, sustainable, and deeply personal. These aren’t fleeting trends or flashy gadgets, but thoughtful solutions addressing real household challenges. What’s driving this shift is the convergence of artificial…
When OpenAI launched GPT-5 last week, the company said the model would simplify the ChatGPT experience. OpenAI hoped GPT-5 would act as a sort of “one size fits all” AI model with a router that would automatically decide how to best answer user questions. The company said this unified approach would eliminate the need for…