Tag: funding

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Cohere raises $500M to beat back generative AI rivals

Tech Kyle Wiggers - July 22, 2024

Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Source...

Adaptive builds automation tools to speed up construction payments

Tech Kyle Wiggers - July 15, 2024

The construction industry has a slow payments problem. Studies have found that it takes anywhere from two to three months on average for...

Amazon hires founders away from AI startup Adept

AI Techcrunch - June 29, 2024

Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon and the startup’s co-founders...

Stability AI lands a lifeline from Sean Parker, Greycroft

Tech Kyle Wiggers - June 25, 2024

Stability AI, the beleaguered generative AI startup behind Stable Diffusion, has raised new cash. But it won’t reveal how much. Source link

Emergence thinks it can crack the AI agent code

Tech Kyle Wiggers - June 25, 2024

Yet another generative AI venture has raised a bundle of money. And, like the others before it, it’s promising the moon. Source link

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