Runway AI Raises $315Mn at $5.3Bn Valuation for World Models

4 hours ago
Shobhit Kalra

NEW YORK: AI video generation startup Runway secured $315 million in Series E funding at a $5.3 billion valuation, nearly…

OpenAI Begins Testing Ads in ChatGPT for Free Users

1 day ago

SAN FRANCISCO: OpenAI launched ad testing in ChatGPT for U.S. users on Free and Go subscription tiers, days after rival…

ElevenLabs Raises $500 Million at $11 Billion Valuation

6 days ago

SAN FRANCISCO: Nvidia-backed Voice AI startup ElevenLabs secures $500 million Series D funding at $11 billion valuation, more than tripling…

University of Michigan AI System Interprets Brain MRI Scans in Seconds

1 hour ago

ANN ARBOR: University of Michigan researchers developed an AI system that interprets brain MRI scans in seconds, accurately identifying neurological…

Supertails raises $30mn to scale petcare services in India

7 hours ago

Bengaluru: Aiming to deepen its presence in the country’s fast-growing pet services market, the Indian petcare startup Supertails has secured…

AI Boom Triggers Global Memory Chip Shortage, DRAM Prices Surge 600%

1 day ago

SAN FRANCISCO: A global memory chip shortage is driving unprecedented price increases, with the Dynamic Random Access Memory (DRAM) spot…

India’s Sarvam AI Beats Google Gemini, ChatGPT on OCR Benchmarks

1 day ago

BENGALURU: Bengaluru-based startup Sarvam AI claims its models outperformed Google Gemini and ChatGPT on optical character recognition and text-to-speech benchmarks…

Oxford Study Warns AI Chatbots Are Unsafe for Medical Advice

1 day ago

OXFORD: AI chatbots pose risks to people seeking medical advice despite excelling at standardized medical knowledge tests, according to a…

Databricks Bags $7bn Funding, Valued at $134bn Amid Software Crash

1 day ago

SAN FRANCISCO: Databricks announced that it raised $7 billion at a $134 billion valuation, defying the software sector selloff that…

AI Agents Now Hire Humans for Real-World Tasks via RentAHuman.ai

2 days ago

SAN FRANCISCO: A new platform launched this week flips automation upside down by enabling AI agents to directly hire humans…

Amazon, Google, Microsoft and Meta Plan Massive $700 Bn AI Buildout

2 days ago

SAN FRANCISCO: Five leading technology companies collectively will spend approximately $700 billion on AI infrastructure in 2026, nearly doubling last…