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openai gpt store

OpenAI delays GPT store to 2024 after leadership crisis

OpenAI’s GPT Store, initially slated for release this year, has encountered a detour on its timeline. The anticipated launch has been rescheduled to an unspecified date in early 2024, a decision undoubtedly influenced by the recent turbulence in leadership that unfolded in November, shortly after the project’s initial announcement. Axios was the first to bring […]

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Microsoft's $3.2 Billion Boost for AI Infrastructure in the UK

Microsoft’s $3.2 Billion Boost for AI Infrastructure in the UK

In a groundbreaking move, Microsoft has unveiled a colossal investment of £2.5 billion ($3.2 billion) earmarked for an expansive initiative in the UK. This multifaceted endeavor encompasses a significant augmentation of AI data center infrastructure, a sweeping AI skilling program set to empower a million individuals, and the fortification of AI safety and security protocols.

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Tola Capital

Tola Capital Breaks Ground with $230M Fund for AI-Driven Enterprise Software Investment

Seattle-based Tola Capital has reached a pinnacle in fundraising, securing a substantial $230 million for its third fund dedicated to AI-enabled enterprise software investment. This achievement marks the largest fund closure in the company’s history. In the recent surge of venture capital fund announcements, Tola Capital stands out by raising an impressive amount for its

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Google DeepMind AI

Google DeepMind AI Reveals Potential for Lots of Novel Materials

In a groundbreaking development, Google DeepMind leverages artificial intelligence (AI) to forecast the structure of over 2 million novel materials, paving the way for advancements in tangible technologies, as outlined in a research paper featured in the esteemed science journal Nature on Wednesday. The AI prowess, under the umbrella of Alphabet (GOOGL.O), envisions nearly 400,000

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Stability AI Contemplates Sale, CEO Under Pressure

Stability AI Contemplates Sale, CEO Under Pressure

In the midst of controversy surrounding CEO Emad Mostaque and key executives departing due to copyright concerns, Stability AI, renowned for its Stable Diffusion, is reportedly exploring the possibility of a sale, casting a shadow over its future. Bloomberg’s Wednesday report suggests that Coatue Management, a US-based technology investment company, fired off a letter to

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AI's proxy war escalates as Google reportedly invests $2B in Anthropic

AI’s proxy war escalates as Google reportedly invests $2B in Anthropic

Anthropic, the latest beneficiary of Google’s reported massive $2 billion investment, finds itself joining OpenAI in the forefront of the artificial intelligence realm, reaping the rewards from tech behemoths that have failed to keep pace. It’s becoming a recurring theme: while some innovate, others invest. Sources familiar with the matter, as cited by The Wall

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Vespa Secures $31M Investment from Blossom after Yahoo Spin-out

Vespa Secures $31M Investment from Blossom after Yahoo Spin-out

Vespa.ai, the robust big data serving engine that recently emerged as an independent venture following its spin-out from Yahoo (a disclaimer: TechCrunch’s parent company), has successfully closed a fresh round of funding. Blossom Capital spearheaded the $31 million investment in Vespa, with CEO Jon Bratseth highlighting the company’s intention to use the funds for the

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