Amazon’s $4 billion investment in AI startup Anthropic is its biggest ever

Amazon completed its largest investment in an outside company ever, as it steps up its efforts…

NY hospital exec: Multimodal LLM assistants will create a “paradigm shift” in patient care

NewYork-Presbyterian’s Dr. Ashley Beecy said generative AI promises to be a paradigm change. Multimodal LLM technology…

An AI humanoid robot startup raised $675 million — including from Microsoft and OpenAI

We might be getting closer to having human coworkers. Figure, an AI company developing humanoid robots…

Weekend Business News Roundup February 24, 2024

Capital One announced Monday that it is acquiring the credit card company Discover in an all-stock…

Elon Musk’s AI startup is reportedly looking to raise up to $6 billion

Looks like Elon Musk is trying to mount a challenge to OpenAI—with some serious funding behind…

The Twitter CEO ousted by Elon Musk has resurfaced with an AI startup

Parag Agrawal, who was briefly CEO of Twitter before Elon Musk took over the social media…

Have a good idea for an AI startup? OpenAI wants to give you $1 million

Even if you haven’t written a line of code or raised a single dollar and your…

Beyond Buzzwords: Glasswing AI palette guides startups navigating AI’s diverse terrain

LLMs have dominated the news, but it won’t be a defensible technology. Glasswing’s AI Palette is…

OpenAI is set to see its valuation at $80 billion—making it the third most valuable startup in the world

OpenAI is in talks to strike a deal involving employee shares that would boost its value…

How AI can be a ‘multivitamin supplement’ for many industries

AI won’t replace humans, just as supplements don’t replace a healthy diet. But AI will strengthen…