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AI

EvolutionaryScale raises $142M in seed funding to accelerate AI-powered protein discovery

By Mike Wheatley Jun 25, 2024

Biology-focused artificial intelligence startup EvolutionaryScale Inc. said today it has raised $142 million in a seed funding round to transform the way scientists create novel proteins for scientific research. Today’s round was led by…

Infra

Transformer model chipmaker Etched.ai raises $120M to challenge Nvidia’s market dominance

By Mike Wheatley Jun 25, 2024

Artificial intelligence chip startup Etched.ai Inc. said today it’s looking to rival Nvidia Corp. and become a market leader in dedicated AI chips, after closing on a hefty $120 million early-stage round of funding.…

AI

OpenAI launches ChatGPT app for Mac, but delays release of more advanced chat capabilities

By Mike Wheatley Jun 25, 2024

OpenAI said today that its official ChatGPT app for Apple Mac computers is now available to download for all users running macOS Sonoma or later. However, the company is also delaying the rollout of…

Cloud

Coder secures $35M to expand global footprint and enhance cloud development tools

By Duncan Riley Jun 25, 2024

Remote development platform company Coder Technologies Inc. announced today that it has raised $35 million in new funding to broaden its open-source footprint, evolve cloud development environments and expand globally. Founded in 2017, Coder provides open-source…

Cloud

Rocketlane raises $24M to expand professional services automation and development efforts

By Duncan Riley Jun 25, 2024

Customer onboarding and professional services automation platform company Rocketlane Corp. announced today that it has raised $24 million in new funding to expand its operations and development efforts. Founded in 2020, Rocketlane offers a…

AI

Stability AI appoints new CEO and closes funding round reportedly worth $80M

By Maria Deutscher Jun 25, 2024

Stability AI Ltd. today appointed Prem Akkaraju chief executive officer and announced that it has raised funding from a group of prominent investors. The development comes three months after the startup’s founding CEO, Emad…

Policy

EU files antitrust charges against Microsoft for bundling Teams with Microsoft 365

By Maria Deutscher Jun 25, 2024

European Union officials have tentatively determined that Microsoft Corp. breached the bloc’s antitrust rules with its Microsoft Teams collaboration service. The European Commission, the EU’s executive branch, published its findings today. The development is not…

AI

Factory robotics startup Bright Machines reels in $126M

By Maria Deutscher Jun 25, 2024

Bright Machines Inc., a robotics startup that helps manufacturers more efficiently make products such as servers and batteries, has secured $126 million in fresh funding. The Series C round was announced this morning. Bright…

AI

C1 moves its AI solution Elly from product to platform

By Zeus Kerravala Jun 25, 2024

Tech solutions provider C1, formerly ConvergeOne, in March launched a generative artificial intelligence-powered tool called Elly that has helped organizations better use their data, including previously inaccessible data locked in different business systems. Now, C1…

AI

Motorola and Google Cloud team up to bring generative AI to Razr family of smartphones

By Kyt Dotson Jun 25, 2024

China’s Lenovo Group Ltd.-owned smartphone brand Motorola and Google Cloud today announced a multiyear partnership to bring generative artificial intelligence to Motorola phones, starting with the new series of Razr smartphones. Among the first…

all stories

EvolutionaryScale raises $142M in seed funding to accelerate AI-powered protein discovery

Transformer model chipmaker Etched.ai raises $120M to challenge Nvidia’s market dominance

OpenAI launches ChatGPT app for Mac, but delays release of more advanced chat capabilities

Coder secures $35M to expand global footprint and enhance cloud development tools

Rocketlane raises $24M to expand professional services automation and development efforts

Stability AI appoints new CEO and closes funding round reportedly worth $80M

EU files antitrust charges against Microsoft for bundling Teams with Microsoft 365

Factory robotics startup Bright Machines reels in $126M

C1 moves its AI solution Elly from product to platform

Motorola and Google Cloud team up to bring generative AI to Razr family of smartphones

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