Etched’s valuation doubles to $21B in a month

Etchedon Tuesdayannouncedthat it has raised another $700 million at a $21 billion valuation, led by Jane Street after the famed quant fund tested and bought the startup’s AI hardware. Even by AI standards, this valuation step-up is jaw-droppingly fast. Etched was valued at $5 billion in December. It raised a $300 million Series C at … Devamını oku

Why Apple’s camera-equipped AirPods may not be the ‘pervert pods’ consumers fear

Camera-equipped AI wearables today have developed a bit of a reputation problem. Devices like Meta’s Ray-Bans raise concerns about people being recorded without their consent. So the idea that Apple is reportedly preparing to release AirPods with cameras in them seems to conflict with the iPhone maker’s desire to position itself as aprivacy-focusedtech company. But … Devamını oku

Warp’s new system is an out-of-the-box software factory for AI development

Companies are still grappling with exactly how software development should work in the AI area, but one early answer is the so-called software factory. Essentially an agent loop that’s built around the traditional stages of software development, the software factory approach has become a popular way for companies to remake their engineering organizations for the … Devamını oku

Perplexity’s free AI offer left it with millions more users in India

Perplexityspent the past year running one of the biggest AI growth experiments,giving its premium service awayto customers of Indian telecom giantAirtel. Now, as the earliest of those free subscriptions expire, the results are starting to emerge, offering an early test of whether bundling paid AI services can create lasting users and revenue after the giveaway … Devamını oku

OpenAI launches a safer ChatGPT for teens — years after teens started using it

Afternumerouslawsuitsover AI chatbots’ lack of safety measures, leading to teens’ suicides and other mental health concerns, OpenAI on Mondayannouncedthe launch of ChatGPT for Teens. The new product promises to include additional safety measures, as well as the educational crisis of ChatGPT-assisted cheating in schools. On the educational side, ChatGPT for Teens introduces a new Study … Devamını oku

Anthropic’s annualized revenue surges to $65B

Anthropic’s revenue continues not just to grow at an historic pace but to accelerate. The model maker’s annualized revenue run rate — a projection of a full year’s revenue based on a recent, shorter period —surpassed$65 billionat the end of July, Bloomberg reported on Monday, up from$47 billionin May and just $9 billion at the … Devamını oku

Groq raises $350M to fuel its pivot from AI chips to neocloud

Startup Groq hasraised$350 million as it continues to pivot from an AI chipmaker to a neocloud company that provides powerful GPUs and AI infrastructure services. A spokesperson for the company told TechCrunch that despite the difference in valuation, the company doesn’t see it as a down round, but rather as establishing a new valuation for … Devamını oku