CogniChip wants to let AI design chips that run AI, and just raised $60 million to do so.
Cutting-edge silicon chips are accelerating the development of artificial intelligence. So, can AI return the favor? CogniChip builds deep learning models to help engineers design new computer chips. The problem the company is solving is one the industry has had for decades. Chip design is extremely complex, prohibitively expensive, and time-consuming. Advanced chips take three […]
SpaceX secretly files for IPO of giant public company worth $1.75 trillion, reports say
SpaceX, the technology conglomerate founded by Elon Musk, has reportedly filed a confidential disclosure with the U.S. Securities and Exchange Commission ahead of its initial public offering. SpaceX could seek a valuation of $1.75 trillion, Bloomberg reported, citing anonymous sources. Under SEC rules, private companies can privately file IPO registration statements and receive private feedback […]
Hasbro says it was hacked and recovery could take “several weeks”
American toy maker Hasbro has acknowledged the cyberattack and said it could take “several weeks” to resolve the incident. The owner of the Transformers, Peppa Pig, Dungeons & Dragons and other properties said Wednesday in a legally required disclosure to the U.S. Securities and Exchange Commission that it detected the intrusion on March 28, which […]
Salesforce announces AI-powered makeover of Slack with 30 new features
Cloud software giant Salesforce is restructuring its business around AI, and at a small gathering in San Francisco on Tuesday, CEO Marc Benioff and his team announced the latest result of that effort: an updated version of Slack with a host of new AI features. Chief among them is the serious growth of Slackbot, an […]
Robotaxi companies refuse to say how often their AVs require remote support.
In February, Sen. Ed Markey (D-MA) sent a letter with a list of questions to seven U.S. companies working on self-driving car technology. He specifically wanted to know how much these companies’ vehicles, run by Aurora, May Mobility, Motional, Nuro, Tesla, Waymo, and Zoox, relied on input from remote staff. They all declined to speak, […]
OpenAI raises $3 billion from private investors in astounding $122 billion funding, not yet public
OpenAI has signed a deal to raise $122 billion at a valuation of $852 billion. This is the company’s largest funding round to date as it plans to enter the public markets this year. This round will further add to OpenAI’s war chest as it spends billions on AI chips, expanding its data centers and […]
Yupp closes after raising $33 million from Chris Dixon of a16z cryptocurrency
Sometimes a seemingly good idea, big funding from a big-name venture capital firm, and a well-connected angel investor aren’t enough. Co-founders Pankaj Gupta and Gilad Mishne announced on Tuesday that Yap would be winding down, less than a year after launching. Yupp provided a crowdsourced AI model selection service. This allowed consumers to test and […]
Mehta was finally held accountable for harming the teens. Well, what is it?
Meta lost its lawsuit against the state of New Mexico last week, marking the first time the company has been held accountable by the court system for endangering the safety of children. This was a landmark ruling in itself, but the next day, Meta lost another lawsuit when a Los Angeles jury found that Meta […]
Want to play this secret game with your TikTok DMs?
TikTok has secretly added a secret emoji game that can be accessed via DM. The goal of the game is simple. Use your fingers to jump as high as you can between the crocodiles. Be careful and avoid the skeleton crocodiles. The broken crocodile will disappear after one landing, so you must quickly bounce back […]
Whoop’s valuation triples to $10 billion
Whoop, the fitness and health tracking wearable company, has closed a $575 million Series G funding round at a valuation of $10.1 billion in a deal that brings together sovereign wealth funds, leading medical institutions, and some of the world’s most prominent athletes. This is almost triple the last reported valuation of $3.6 billion. The […]