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Bittensor’s first token halving is scheduled for Dec. 14, reducing TAO issuance by half as the AI-focused network adopts a Bitcoin-style fixed supply model. With Bitcoin now in its fourth quadrennial halving, other decentralized projects have adopted similar supply-cut cycles — and Bittensor is approaching its first since launching in 2021. Bittensor, a decentralized, open-source…
A year after being pushed out of Intel, Pat Gelsinger is still waking up at 4 a.m., still in the thick of the semiconductor wars — just on a different battlefield. Now a general partner at venture firm Playground Global, he’s working with 10 startups. But one portfolio company has captured an outsized share of…
Aaru, a startup that provides near-instant customer research by using AI to simulate user behavior, has raised a Series A led by Redpoint Ventures, according to three people familiar with the deal. The funding round included different valuation tiers, these people said. Although some equity was acquired at a $1 billion valuation, a lower valuation…
Yoodli, an AI-powered communication training startup, has reached a valuation of more than $300 million — more than triple its level six months ago — as it builds technology meant to assist people rather than replace them with machines. The valuation increase follows Yoodli’s $40 million Series B round, led by WestBridge Capital with participation…
Amazon Web Services’ annual tech conference AWS re:Invent has wrapped. And the singular message, amid a deluge of product news and keynotes, was AI for the enterprise. This year it was all about upgrades that give customers greater control to customize AI agents, including one that AWS claims can learn from you and then work…
The Chicago Tribune filed a lawsuit against AI search engine Perplexity on Thursday alleging copyright infringement. The suit, seen by TechCrunch, was filed in a federal court in New York. The Tribune alleges that its lawyers contacted Perplexity in mid-October asking if the AI search engine was using its content, according to the complaint. Perplexity’s…
Anthropic CEO Dario Amodei shared his thoughts on if the AI industry was in a bubble at The New York Times DealBook Summit on Wednesday. This was in addition to throwing shade on one particular unnamed competitor, which was clearly OpenAI. Amodei declined to give a simple yes-or-no answer to question of a bubble, saying…
AI research lab Anthropic’s not slowing down in its efforts to snap up enterprise clients. The company on Wednesday said it is expanding its partnership with cloud data company Snowflake in a $200 million multi-year AI deal that will bring Anthropic’s large language models to Snowflake’s platform, and consequently, to its sizable customer base. “Anthropic…
Can any company, big or small, really topple Nvidia’s AI chip dominance? Maybe not. But there are hundreds of billions of dollars of revenue for those that can even peel off a chunk of it for themselves, Amazon CEO Andy Jassy said this week. As expected, the company announced during the AWS Re:Invent conference the…
Right on the heels of announcing Nova Forge, a service to train custom Nova AI models, Amazon Web Services (AWS) announced more tools for enterprise customers to create their own frontier models. AWS announced new capabilities in Amazon Bedrock and Amazon SageMaker AI at its AWS re:Invent conference on Wednesday. These new capabilities are designed…