Female-founded semiconductor AI startup SixSense raises $8.5M
SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV’s Surge (formerly Sequoia India & SEA).
AI
Amazon CEO wants to put ads in your Alexa+ conversations
Andy Jassy’s description of an AI-generated ad that Alexa+ delivers in a multistep conversation, which could help users find new products, is uncharted territory for Amazon and the broader tech industry.
Apple plans to ‘significantly’ grow AI investments, Cook says
Apple is open to M&A to accelerate its AI strategy, and says it’s made seven acquisitions this year so far.
Tim Cook says Apple is ‘open to’ AI acquisitions
Apple CEO Tim Cook says the company is “open” to mergers and acquisitions as it “significantly” increases its investment in AI, as reported by CNBC. Cook’s statements were made alongside the release of Apple’s third-quarter earnings results, which revealed that the iPhone-maker raked in $94 billion between April and June, marking a 10 percent increase […]
Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s
Anthropic holds 32% of enterprise LLM market share by usage. This is a sharp reversal from just two years ago when OpenAI held 50%.
Design and development shop the Iconfactory is selling some apps — and AI is partially to blame
Side products can no longer be maintained, even if they have “loads of happy and loyal customers,” as the Iconfactory’s co-founder, Ged Maheux, says.
Quora’s Poe releases a developer API with access to a bouquet of AI models
Quora’s Poe platform is releasing an API to let developers access more than 100 models across text, image, video, and voice.
Microsoft becomes the second $4 trillion company
Microsoft’s stock price has risen so much today that it has passed a $4 trillion market valuation for the first time in its 50-year history. The software maker is the second company to be valued at $4 trillion, after Nvidia reached a market cap of over $4 trillion earlier this month. Microsoft has reached this […]