Tag: Startup

Apple to settle trade secrets lawsuit against chip startup Rivos
11Feb By adminNo Comments
Technology

Apple to settle trade secrets lawsuit against chip startup Rivos

[ad_1] Apple plans to settle a lawsuit that accused chip startup Rivos of stealing its trade secrets related to computer-chip technology, according to a joint court filing on Friday in California federal court. The companies told the U.S. District Court for the Northern District of California that they had "signed an agreement that potentially settles the case," and that the agreement allows Apple to examine Rivos' systems and recover any confidential information.Representatives for Apple and Rivos did not immediately respond to requests for comment and more information about the settlement. Apple sued "stealth" startup Rivos in 2022. It said Mountain View, California-based Rivos had hired away dozens of its engineers and used its confidential information to develop competing "system-on...
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RagaAI: Nvidia Alum Gaurav Agarwal Snags Funding for Startup That Fixes Broken AI
24Jan By adminNo Comments
Technology

RagaAI: Nvidia Alum Gaurav Agarwal Snags Funding for Startup That Fixes Broken AI

[ad_1] RagaAI has secured funding to develop a tool that aims to diagnose and fix flaws with artificial intelligence systems, responding to an increasing emphasis on safety and reliability during the AI boom.The startup founded by Gaurav Agarwal, an alumnus of chipmakers Nvidia Corp. and Texas Instruments Inc., has come out of stealth-mode to close a $4.7 million seed round led by pi Ventures. It was joined by firms including Anorak Ventures and TenOneTen Ventures. The Silicon Valley startup uses foundation models to detect and fix problems in AI, such as hallucinations — a well-publicized phenomenon — or failure to factor in critical real-time information. The 44-year-old founder recounted what he called a near-death experience while test-driving a semi-autonomous vehicle on a Californ...
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Bill Gates’ Breakthrough Energy Backs Startup That Uses Liquid Tin to Store Energy
12Dec By adminNo Comments
Technology

Bill Gates’ Breakthrough Energy Backs Startup That Uses Liquid Tin to Store Energy

[ad_1] Bill Gates' Breakthrough Energy Ventures is backing a new thermal storage startup, expanding its investments in long-duration power backup.Fourth Power converts renewable power to heat, storing it for future use. Relying on liquid tin, the thermal battery transfers heat to stacks of carbon blocks at extremely high temperatures, which can later be discharged as electricity through thermophotovoltaic cells. Doing so could help solve intermittency issues with renewables. Investor DCVC led the Series A round of $19 million, with participation from Breakthrough and Black Venture Capital Consortium. Fourth Power plans to build a prototype facility that can store the equivalent of 1 megawatt-hour — enough energy to power about 1,000 homes — in Boston, with possible completion in 2026. B...
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Samsung to manufacture chips from AI chip startup Tenstorrent
3Oct By adminNo Comments
Technology

Samsung to manufacture chips from AI chip startup Tenstorrent

[ad_1] Samsung's contract chip manufacturing arm picked up a new artificial intelligence chip customer, a Canadian startup called Tenstorrent, the company said on Monday.Tenstorrent is among a number of startups looking to challenge Nvidia, which dominates the market for AI chips. The company produces chips and intellectual property for data centers, but is also working on supplying other markets such as automotive. As part of the deal, Tenstorrent plans to use one of Samsung's advanced manufacturing processes, known as 4nm, to produce the chips. The Tenstorrent product manufactured by Samsung is a chiplet, and is designed to sit alongside other chiplets inside a single package. Neither company disclosed the value of the deal, or the quantity of chips to be manufactured.Some of Tenstorr...
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Hi, Robot: machines take over at China’s Asian Games
24Sep By adminNo Comments
Technology

Hi, Robot: machines take over at China’s Asian Games

[ad_1] From autonomous bug zappers to android pianists and driverless ice-cream trucks, machines rule the world -- at least at China's Asian Games. The Games open Saturday after a one-year delay because of Covid with about 12,000 athletes and thousands of journalists, technical officials and spectators descending on Hangzhou.The city is the unofficial home of China's tech industry and robots and other mind-boggling gadgets are set to serve, amuse and police visitors. An automated mosquito trapper roams the vast Games Village, zapping the pests after luring them in by mimicking a human's body temperature and breathing. Robot "dogs" that can run, jump and flip over patrol power-supply facilities. Smaller versions dance while a bright-yellow android plays the piano.Driverless minibuses are...
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5 things about AI you may have missed today: Bill Gates on AI risks, Wipro launches ai360, more
12Jul By adminNo Comments
Technology

5 things about AI you may have missed today: Bill Gates on AI risks, Wipro launches ai360, more

[ad_1] Yesterday, July 11, was dominated by the incident where Suumit Shah, the founder of the ecommerce startup Dukaan tweeted about replacing 90 percent of the company's customer support staff with artificial intelligence (AI) chatbot, and netizens began condemning the founder for his lack of empathy. Today, things take a different turn as Microsoft cofounder Bill Gates posted a blog where he talked about the risks AI poses and how to manage it. In a separate incident, IT major Wipro launched its new service called ai360. This and more in today's AI roundup. Let us take a closer look. Bill Gates talks about the risks of AIGates wrote a long post on his blog GatesNotes about the existing and potential risks AI poses, and how to manage it. In a tweet, posting about the blog, he said, “T...
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AI Startup Anthropic Releases a New Version of Its ChatGPT Rival, Claude
12Jul By adminNo Comments
Technology

AI Startup Anthropic Releases a New Version of Its ChatGPT Rival, Claude

[ad_1] Anthropic, an artificial intelligence startup positioning itself as the builder of a safer kind of chatbot, has released a new version of its AI bot, named Claude.Anthropic said that Claude 2 is available to anyone in the US or UK online at claude.ai, and businesses can access it via an application programming interface. The new release on Tuesday comes several months after Anthropic began offering an earlier version of Claude to businesses that wanted to add it to their products. Previously, the bot was tested by a handful of companies including Quora Inc., which built it into an app called Poe that lets users ask questions. Like its predecessor, Claude 2 is built atop a large language model and can be used for written tasks like summarizing, searching, answering questions and c...
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From marketing to design, brands adopt AI tools despite risk
9Mar By adminNo Comments
Technology

From marketing to design, brands adopt AI tools despite risk

[ad_1] Even if you haven't tried artificial intelligence tools that can write essays and poems or conjure new images on command, chances are the companies that make your household products are already starting to do so. Mattel has put the AI image generator DALL-E to work by having it come up with ideas for new Hot Wheels toy cars. Used vehicle seller CarMax is summarizing thousands of customer reviews with the same “generative” AI technology that powers the popular chatbot ChatGPT. Meanwhile, Snapchat is bringing a chatbot to its messaging service. And the grocery delivery company Instacart is integrating ChatGPT to answer customers' food questions. Coca-Cola plans to use generative AI to help create new marketing content. And while the company ...
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Microsoft’s dour outlook raises red flags for tech sector
26Jan By adminNo Comments
Technology

Microsoft’s dour outlook raises red flags for tech sector

[ad_1] The warning from Microsoft came after a steep fall in client spending prompted tech heavyweights from Amazon.com Inc to Meta Platforms to slash jobs and save cash. Microsoft Corp's lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether warned that its customers were cautious about spending in a turbulent economy. The warning from Microsoft, the second most valuable U.S. company, came after a steep fall in client spending prompted tech heavyweights from Amazon.com Inc to Meta Platforms to slash jobs and save cash. Microsoft, along with Big Tech peers Amazon and Apple Inc, pared losses from earlier on Wednesday to trade nearly 1% lower. Alphabet Inc was down 3%. The companies are four of the biggest by market val...
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Microsoft to expand ChatGPT access as OpenAI investment rumors swirl
18Jan By adminNo Comments
Technology

Microsoft to expand ChatGPT access as OpenAI investment rumors swirl

[ad_1] Microsoft said it is widening access to hugely popular software from OpenAI, a startup it is backing whose futuristic ChatGPT chatbot has captivated Silicon Valley. Microsoft Corp said it is widening access to hugely popular software from OpenAI, a startup it is backing whose futuristic ChatGPT chatbot has captivated Silicon Valley.Microsoft said the startup's tech, which it so far has previewed to its cloud-computing customers in a program it called the Azure OpenAI Service, was now generally available, a distinction that's expected to bring a flood of new usage. The news comes as Microsoft has looked at adding to the $1 billion stake in OpenAI it announced in 2019, two people familiar with the matter previously told Reuters. The news site Semafor reported earlier this month t...
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