AI May Increase Surgical Safety, But Not Everyone Is Into It
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A 2016 Johns Hopkins study found that some 250,000 Americans die each year from medical mistakes, making them the third leading cause of death in the US. One reason: during…
Stability.AI Attracts Major Investments from Crypto VCs Amid AI Hype
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As the enthusiasm for AI continues to rise, Stability.AI has garnered significant investments from prominent venture capital firms, including those traditionally focused on the crypto sector. Stability.AI, recognized for its…
Nvidia Targets Partnerships and Value to Retain AI Chip Market Share
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Nvidia is taking strategic measures to maintain its leadership in the AI chip market, according to CEO Jensen Huang. During the company’s recent shareholder meeting on June 26, Huang outlined…
Hut 8 Secures $150M Investment for AI Data Center Expansion
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Hut 8, a prominent Bitcoin mining company, has announced a significant milestone with a $150 million convertible note investment from Coatue Management, a technology-focused investment management firm. This substantial investment…
Finbourne Secures $70M to Transform Financial Data with AI
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London-based Finbourne has raised $70 million in a Series B funding round to expand its innovative financial data platform beyond the UK’s financial district. The funding was co-led by Highland…
Amazon to Invest $230 Million in Generative AI Startups
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Amazon is committing up to $230 million to support startups focused on generative AI-powered applications. This substantial investment aims to solidify Amazon Web Services (AWS) as the preferred cloud infrastructure…
Tesla Shareholders File Lawsuit Against Musk Over xAI Startup
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Tesla shareholders have initiated legal proceedings against CEO Elon Musk and members of the automaker’s board of directors regarding Musk’s launch of xAI, described as a competing AI company. The…
Binance Launches ASI Token Trading Ahead of Merger
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Binance is gearing up for a significant milestone in the AI cryptocurrency sector with the introduction of ASI token trading ahead of schedule, paving the way for the merger involving…
Generative AI Revolutionizes the Oil and Gas Industry
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Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China. Long before the current craze surrounding generative AI (Gen AI), the energy sector employed traditional artificial…
Researchers Develop AI Assistant to Aid Synthetic Chemists
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A groundbreaking advancement from the University of Liverpool has led to the creation of an AI assistant designed to guide synthetic chemists in discovering more efficient and cost-effective methods for…
