AI - page 5

News

Bain Backs AI Cybersecurity Startup Dream

Dream, an artificial intelligence company providing cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, raised $100 million at a valuation of $1.1 billion.

Science & Technology

Chip Designer Arm Reportedly Plans to Become Chip Manufacturer

The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.

News

OpenAI Seeks to Grand Expansion

OpenAI is currently one of the leading players in the global artificial intelligence industry, which since 2015 has gone from being one of the Silicon Valley startups with only a name and a very ambitious goal to perhaps the main source of transformation of the technological environment, now striving to scale its activities.

News

Baidu Democratizes Access to Ernie AI Model

Chinese AI pioneer Baidu wants to make its Ernie 4.5 model open-source and free to use as the industry competition surges.

News

ServiceNow Launches AI Transformation Suite for US Federal Agencies

As the US federal government is focused on improving agencies’ workflows and legacy systems, ServiceNow underscores its dedication to transforming public sector operations through advanced technology with the new Government Transformation Suite.

News

Apple Reportedly Partners With Alibaba in AI

Apple and its competitors in the Chinese smartphone market are currently actively fighting for the fastest possible adoption of rapidly improving artificial intelligence models in the Asian country, including from local developers of digital intelligence systems such as DeepSeek and Alibaba Group Holding.

News

Workday Launches Tool for Managing AI Agent Fleets

Workday has launched a tool that helps companies manage their artificial intelligence agents.

Science & Technology

Sardine Raises $70 Million

Sardine raised $70 million in a Series C funding round.

News

Baidu CEO Says About AI Spend

Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.

Science & Technology

EU to Mobilize 200 Billion Euros for AI Investments

European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.

Science & Technology

AI Funding Surges 62% Despite Overall Decline

In 2024, startup funding declined by a dozen percentage points, while investments into projects linked to innovative artificial intelligence (AI) skyrocketed, illustrating a 62% growth.

Science & Technology

Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI

On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.

News

French Alternative to Stargate AI Secures $112B

As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.

Science & Technology

Saudi Arabia Announces $14.9B AI Investment

In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.

Fintech & Ecommerce

Oracle Adds New AI Features to Financial Software

Oracle on Thursday, February 6, added another set of artificial intelligence tools to NetSuite, one of its corporate finance software offerings, some of which, among other things, can speed up for consumers to receive a price quote on purchases like custom bicycles.

News

Mistral AI Rolls Out App

French startup Mistral AI, backed by Nvidia, on Thursday, February 6, rolled out a new app for its generative artificial intelligence software.

PaySpace Magazine is dedicated to providing the latest news and updates on artificial intelligence (AI). Stay informed about the newest advancements in AI technology, applications, and trends. Explore a wide range of comprehensive articles, insightful interviews, and expert opinions to gain valuable insights into the constantly evolving world of AI. Whether you are a passionate tech enthusiast, an experienced industry professional, or simply curious about AI, PaySpace Magazine is the ultimate destination to fulfill all your cravings for AI-related news and information.