Browsing: AI

Top startup funding deals in the U.S. for last week included defense tech unicorn Anduril Industries and orbital spacecraft developer Impulse Space

California-based wearable tech startup IYO Inc has filed a lawsuit against OpenAI, its CEO Sam Altman, and others, alleging ‘willful’ trademark infringement and unfair competition.

Definely, a UK-based legal tech startup, has raised $30 million in Series B funding to enhance its AI-powered legal document drafting and review platform.

The events industry is evolving rapidly, driven by technological advancements and changing attendee expectations. Key trends include personalization, AI integration, data activation, and unique venues.

White House AI czar David Sacks downplays the risk of American AI chips being smuggled to bad actors, citing their large size and weight.

Micron Technology’s stock has surged 37% in recent months, driven by the technology sector’s recovery and growing demand for AI-related products. The company’s upcoming Q3 earnings report on June 25 could further boost its stock.

State Politics, AI regulation, federal legislation

Amazon is investing $20 billion in Pennsylvania to develop data centers for AI and cloud computing, with one location in Falls Township and another in Luzerne County.

US utility Talen Energy has announced an expanded nuclear energy partnership with Amazon to supply up to 1,920 megawatts of electricity from its Susquehanna plant in Pennsylvania to Amazon Web Services (AWS) data centers.

The Chilean startup Theodora AI uses Azure’s cloud infrastructure to power its AI models that detect and correct unconscious bias across various industries.