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Month: August 2025

Cohere hits a $6.8B valuation as investors AMD, Nvidia, and Salesforce double down

Cohere hits a $6.8B valuation as investors AMD, Nvidia, and Salesforce double down

August 15, 2025

Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up…

Buzzy AI startup Multiverse creates two of the smallest high-performing models ever

Buzzy AI startup Multiverse creates two of the smallest high-performing models ever

August 15, 2025

One of Europe’s most prominent AI startups has released two AI models that are so tiny, they have named them…

DeepSeek reverts to Nvidia for R2 model after Huawei AI chip fails

DeepSeek reverts to Nvidia for R2 model after Huawei AI chip fails

August 15, 2025

DeepSeek’s plan to train its new AI model, R2, on Huawei’s Ascend chips has failed and forced a retreat to Nvidia while…

AI-based screening detects five cancer cases in early stages

AI-based screening detects five cancer cases in early stages

August 14, 2025

A new artificial intelligence–powered cancer screening initiative in Goa has successfully detected five cases of cancer in their early stages.…

Software Shares Slide Amid Investor Concerns About AI Coding Tools

Software Shares Slide Amid Investor Concerns About AI Coding Tools

August 14, 2025

Investors’ concerns that artificial intelligence tools could enable faster and cheaper software development have reportedly driven a selloff that has…

Cisco data center SVP on AI, cloud evolution and competition

Cisco data center SVP on AI, cloud evolution and competition

August 14, 2025

In the quickly developing artificial intelligence arms race, networking giant Cisco is betting on continued demand as customers look for…

Godfather of AI Proposes Maternal Programming Amid Dire Warnings for Humanity

Godfather of AI Proposes Maternal Programming Amid Dire Warnings for Humanity

August 14, 2025

Geoffrey Hinton, widely regarded as the “godfather of AI,” is sounding a grave warning: The very technology he helped pioneer…

Rakuten Puts ‘Brain Twin’ AI at Center of Retail Ecosystem

Rakuten Puts ‘Brain Twin’ AI at Center of Retail Ecosystem

August 14, 2025

Japanese eCommerce giant Rakuten is embedding its next-generation agentic artificial intelligence (AI) platform across its ecosystem, aiming to transform its own operations…

Musk Accuses Apple of Favoring OpenAI in App Store Rankings

Musk Accuses Apple of Favoring OpenAI in App Store Rankings

August 14, 2025

Elon Musk is threatening to sue Apple over the way it ranks AI firms in its App Store. “Apple is behaving in…

Waymo finally has a music experience worthy of its robotaxi

Waymo finally has a music experience worthy of its robotaxi

August 14, 2025

I’m riding in the back of a Waymo that’s autonomously navigating the busy streets of San Francisco with relative ease…

Datasite Acquires Blueflame to Add AI-Powered Capabilities for M&A Dealmakers

Datasite Acquires Blueflame to Add AI-Powered Capabilities for M&A Dealmakers

August 14, 2025

Datasite has acquired Blueflame AI to provide additional artificial intelligence (AI)-powered capabilities for dealmakers involved in projects like mergers and acquisitions (M&A). The…

EToro to Add Tokenization and AI Tools to Trading and Investing Platform

EToro to Add Tokenization and AI Tools to Trading and Investing Platform

August 14, 2025

Trading and investing platform eToro is adding tokenization and artificial intelligence tools for retail investors as it continues expanding its product lineup and geographic footprint. The…

5 Ways OpenAI’s GPT-5 Is Supercharging ChatGPT for Users

5 Ways OpenAI’s GPT-5 Is Supercharging ChatGPT for Users

August 14, 2025

OpenAI’s latest rollout of GPT-5 as the default artificial intelligence (AI) model for ChatGPT brings with it several new capabilities that can power up productivity for…

AI companion apps on track to pull in $120M in 2025

AI companion apps on track to pull in $120M in 2025

August 13, 2025

Demand for AI “companion” applications outside of bigger names, like ChatGPT and Grok, is growing. Of the 337 active and…

China cautions tech firms over Nvidia H20 AI chip purchases

China cautions tech firms over Nvidia H20 AI chip purchases

August 13, 2025

Chinese authorities have summoned domestic companies including major internet firms Tencent (9888.HK), opens new tab and ByteDance over their purchases of Nvidia’s (NVDA.O),…

NEXA Mortgage Deploys Tidalwave’s Agentic AI Platform Enterprise-Wide

NEXA Mortgage Deploys Tidalwave’s Agentic AI Platform Enterprise-Wide

August 13, 2025

NEXA CEO Kortas says implementation marks ‘the first mortgage brokerage to implement comprehensive agentic AI at this scale’ NEXA Mortgage,…

Banks accelerate AI deployments as agentic tools gain traction

Banks accelerate AI deployments as agentic tools gain traction

August 13, 2025

Dive Brief: Dive Brief: Banks expect to reap substantial rewards from sustained investments in generative AI capabilities. The technology’s ability to harness…

Google vet raises $8M for Continua to bring AI agents to group chats

Google vet raises $8M for Continua to bring AI agents to group chats

August 13, 2025

In early 2023, David Petrou, a distinguished engineer and founding member of both Google Goggles and Google Glass, made a surprising move.…

Seoul-based Datumo raises $15.5M to take on Scale AI, backed by Salesforce

Seoul-based Datumo raises $15.5M to take on Scale AI, backed by Salesforce

August 13, 2025

Most organizations say they aren’t fully prepared to use generative AI in a safe and responsible way, according to a recent…

AI startup Perplexity makes $34.5-billion bid for Google’s Chrome browser

AI startup Perplexity makes $34.5-billion bid for Google’s Chrome browser

August 13, 2025

AI startup Perplexity made a formal offer to acquire Google’s Chrome browser for $34.5 billion, an audacious bid to get…

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