AI firm - Asia Tech Wire

AI firm

2024.10.30

07:45

Musk's xAI reportedly in new funding round at $40 billion valuation

Asia Tech Wire (Oct 30) -- Elon Musk's artificial intelligence startup xAI is in talks with investors for a round of funding at a valuation of around $40 billion, according to the Wall Street Journal, citing people familiar with the matter.

2024.10.25

03:41

UK regulator launches probe into Alphabet's partnership with AI startup Anthropic

Asia Tech Wire (Oct 25) -- The Competition and Markets Authority (CMA), the UK's antitrust authority, announced on Thursday that it has launched an investigation into the partnership between Google's parent company Alphabet and artificial intelligence startup Anthropic.

2024.10.24

06:43

Character.AI, Google sued after death of chatbot-obsessed teenager

Asia Tech Wire (Oct 24) -- California-based artificial intelligence startup Character.AI and Google are being sued after the death of a chatbot-obsessed teenager.

2024.10.23

10:03

OPPO acquires AI startup AIWaves

Asia Tech Wire (Oct 23) -- Chinese smartphone maker OPPO has acquired Hangzhou-based AI startup AIWaves, according to the latest market news.

09:00

Former Microsoft senior researcher joins AI startup Moonshot AI

Asia Tech Wire (Oct 23) -- Xu Tan, a former Microsoft senior researcher, joined Chinese AI startup Moonshot AI in August, focusing on developing end-to-end speech models, according to LatePost.

2024.10.21

02:34

SoftBank-backed AI startup Perplexity looks to more than double valuation to $8 billion

Asia Tech Wire (Oct 21) -- AI startup Perplexity has begun funding talks in hopes of more than doubling its valuation to $8 billion or more, according to the Wall Street Journal.

2024.10.16

09:32

NYT asks AI startup Perplexity to stop accessing its content

Asia Tech Wire (Oct 16) -- The New York Times has sent a "cease and desist" notice to generative AI startup Perplexity, demanding that it stop accessing and using its content, according to the Wall Street Journal.

05:57

Alibaba-backed Robot Era closes nearly $42 million Pre-A funding round

Asia Tech Wire (Oct 16) -- Alibaba-backed Chinese humanoid robot startup Robot Era has recently closed a nearly 300 million yuan ($42 million) Pre-A round of financing.

2024.10.10

08:01

Ex-Salesforce co-CEO's AI startup could be valued at over $4 billion after new funding round

Asia Tech Wire (Oct 10) -- Artificial intelligence startup Sierra, co-founded by Bret Taylor, who was formerly Facebook's chief technology officer and Salesforce's co-CEO, could be valued at more than $4 billion after completing a new round of funding, according to The Informationm.

2024.09.24

08:39

Harmonic raises $75 million in Series A funding led by Sequoia Capital

Asia Tech Wire (Sep 24) -- Harmonic, an American artificial intelligence company, announced on Monday that it has secured $75 million in Series A financing, bringing its valuation to $325 million.

07:13

AI startup Anthropic considers funding at $40 billion valuation

Asia Tech Wire (Sep 24) -- U.S. artificial intelligence startup Anthropic is considering raising funds at a $40 billion valuation, according to The Information.

2024.09.09

07:50

French AI startup Entalpic closes $9.4 million seed round

Asia Tech Wire (Sep 9) -- French AI startup Entalpic recently closed an €8.5 million ($9.4 million) seed round, according to private equity firm Cathay Capital.

2024.09.05

02:57

Ex-OpenAI chief scientist's new AI firm raises $1 billion in cash

Asia Tech Wire (Sep 5) -- A new AI company co-founded by former OpenAI chief scientist Ilya Sutskeve has raised $1 billion in cash, according to Reuters.

2024.09.04

08:22

Nvidia invests in Japanese startup Sakana AI

Asia Tech Wire (Sep 4) -- U.S. chip giant Nvidia has invested in Japanese AI R&D startup Sakana AI.

06:53

OpenAI considers tens of billions of dollars in U.S. investment on AI infrastructure

Asia Tech Wire (Sep 4) -- ChatGPT owner OpenAI is considering investing tens of billions of dollars in the U.S. on AI infrastructure, according to Bloomberg.

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