Cohere Explains Total Cost of AI Ownership
Cohere highlights the rising costs of AI ownership as global spending on AI is projected to reach $2.52 trillion by 2026, driven by infrastructure needs.
Cohere highlights the rising costs of AI ownership as global spending on AI is projected to reach $2.52 trillion by 2026, driven by infrastructure needs.
Voice AI startup Rime raised $24 million in Series A funding to enhance enterprise customer call solutions. The round was led by M13 Ventures with participation from Twilio Ventures and other existing investors.
Former and current Meta employees allege discriminatory layoffs were driven by AI systems that targeted disabled workers and those on leave. The lawsuit claims 8,000 employees were cut in May.
OpenAI denied allegations in Apple's trade secret lawsuit, stating the complaint lacks merit. The 41-page case accuses the AI lab of misusing confidential information.
Pop star Lorde urged fans not to get Meta's AI glasses during a Madrid festival performance, calling them 'not sexy' amid privacy concerns.
OpenAI researcher Miles Wang is in talks to launch an AI drug discovery startup valued at $2 billion, with Lightspeed considering leading the $200 million funding round.
Hinge founder Justin McLeod raised $18 million to launch Overtone, an AI-driven dating service that avoids algorithmic feeds and swiping.
DeepSeek, valued at $52 billion, plans a new round at $71 billion to expand data centers and AI chip purchases.
Meta's Adam Mosseri said AI token budgets could be capped per engineer within a year or two, citing rising costs that nearly pushed the company to billions in 2026.
Reflection AI, a U.S. startup, has signed a $1 billion compute deal with Nebius, a European AI infrastructure company.
PixVerse, an AI video startup, reached a $2 billion valuation after raising $439 million in Series C funding, according to thedecoder.
ChatGPT has resumed operations on WhatsApp in the European Economic Area, covering 27 EU countries and Liechtenstein, Iceland, and Norway, following EU regulatory action.