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AI

OpenAI’s Sora joins text-to-video AI content generation race

By Duncan Riley Feb 15, 2024

OpenAI today announced Sora, a new text-to-video model that can generate videos up to a minute long while maintaining visual quality and adherence to the user’s prompt. Text-to-video is arguably the next big thing…

Infra

Applied Materials crushes earnings forecasts and revenue targets on rising demand for AI chips

By Mike Wheatley Feb 15, 2024

Shares of Applied Materials Inc., the semiconductor industry equipment manufacturer, traded higher today after the company reported fiscal first-quarter earnings and revenue that came in well ahead of analysts’ expectations. The company reported earnings…

Blockchain

Rising bitcoin prices lead to surge in Coinbase’s quarterly profit

By Duncan Riley Feb 15, 2024

Shares in Coinbase Global Inc. surged over 12% in late trading today after the cryptocurrency exchange provider surprised investors by smashing quarterly revenue expectations and reporting a profit, driven by bitcoin price rises seeing…

AI

Amazon researchers develop cutting-edge Base TTS text-to-speech model

By Maria Deutscher Feb 15, 2024

Amazon.com Inc. researchers have developed a new text-to-speech model, Base TTS, that can pronounce words more naturally than earlier neural networks. TechCrunch reported the project late Wednesday. The researchers detailed the architecture of Base…

Cloud

Appian shares surge 12% on strong quarterly earnings and revenue beat

By Duncan Riley Feb 15, 2024

Shares in Appian Corp. closed regular trading up over 12% today after the business automation software provider reported better-than-expected earnings and revenue in its most recent quarter. For its fourth quarter that ended Dec. 31,…

AI

GPU cloud operator Together reportedly seeking $100M+ in new funding

By Maria Deutscher Feb 15, 2024

Together Computer Inc., one of several startups operating cloud platforms geared toward artificial intelligence workloads, is expected to raise a fresh round of funding. The Information late Wednesday cited sources as saying that the…

Policy

Human rights court rules against backdoored end-to-end encryption

By Maria Deutscher Feb 15, 2024

The European Court of Human Rights, or ECHR, has made a landmark ruling on data encryption that could affect the European Union’s online safety efforts. The court issued the decision on Tuesday but it…

Blockchain

Modular blockchain data protocol startup Lava raises $15M

By Kyt Dotson Feb 15, 2024

Lava Protocol Inc., a startup that provides a modular data network for scaling access to blockchains, today announced it has raised $15 million in seed funding led by Jump Capital, Hashkey Capital and Tribe Capital to…

Emerging Tech

Unpacking the Climate Pledge at Seattle Kraken’s Climate Pledge Arena

By Zeus Kerravala Feb 15, 2024

Nearly every sports team plays in facilities carrying a corporate brand, such as Lumen Field, the home of the Seattle Seahawks, or T-Mobile Park, the Mariners’ home field. Not the Seattle Kraken. The most recent team…

AI

AI cloud compute startup Lambda raises $320M at $1.5B valuation

By Kyt Dotson Feb 15, 2024

Lambda Inc., a startup that operates an on-demand public cloud for training and deploying artificial intelligence models, today announced it has raised $320 million in a new funding round increasing the company’s valuation to $1.5 billion.…

explore news

OpenAI’s Sora joins text-to-video AI content generation race

Rising bitcoin prices lead to surge in Coinbase’s quarterly profit

Amazon researchers develop cutting-edge Base TTS text-to-speech model

Appian shares surge 12% on strong quarterly earnings and revenue beat

GPU cloud operator Together reportedly seeking $100M+ in new funding

Human rights court rules against backdoored end-to-end encryption

Modular blockchain data protocol startup Lava raises $15M

Unpacking the Climate Pledge at Seattle Kraken’s Climate Pledge Arena

AI cloud compute startup Lambda raises $320M at $1.5B valuation

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