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CATEGORY: ai startup


EU Council reaches agreement on supercomputer use for AI development

Author: Cointelegraph by Savannah Fortis
United States
May 25, 2024 12:00

EU Council reaches agreement on supercomputer use for AI development

The EU Council has agreed on regulation to expand EuroHPCs supercomputing role, adding AI factories to boost Europes AI ecosystem and support startups.

Nvidia-backed AI startup releases avatars that express human emotion

Author: Cointelegraph by Savannah Fortis
United States
Apr 27, 2024 12:00

Nvidia-backed AI startup releases avatars that express human emotion

Nvidia-backed AI startup Synthesia unveils Expressive Avatars, enabling AI to convey human emotions and movements for corporate presentations and training.

Apr 16, 2023 06:55

Elon Musk Plans to Launch AI Startup to Compete with OpenAI


Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models. (Read More)

VC Roundup: Funding falls to $2.4B in Q3 2024, early-stage startups dominate

Author: Cointelegraph by Ana Paula Pereira
United States
Nov 16, 2024 12:00

VC Roundup: Funding falls to $2.4B in Q3 2024, early-stage startups dominate

This edition of Cointelegraphs VC Roundup features Eidon AI, Brevis, Multiledgers and Alluvial. 

AI startups draw record $11.8B funding in Q3

Author: Cointelegraph by Ana Paula Pereira
United States
Oct 10, 2024 12:00

AI startups draw record $11.8B funding in Q3

According to Stocklytics, AI startups accounted for 30% of total venture capital funding in the third quarter of 2024.

Microsoft to invest $3B in AI, cloud expansion, training in India

Author: Cointelegraph by Arijit Sarkar
United States
Jan 10, 2025 12:00

Microsoft to invest $3B in AI, cloud expansion, training in India

Microsoft will expand its AI and cloud presence in India, including training 10 million individuals by 2030 and supporting AI startups.

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