Generative AI funding has reached new heights in 2024, with a record-breaking $56 billion invested across 885 deals.
Tech giants are running out of data used to train AI systems. To overcome the problem, some companies are exploring new methods powered by 'synthetic data', write Cade Metz & Tripp Mickle ...
Venture capital investments in generative AI reached $56 billion in 2024, with Anthropic, OpenAI, and xAI leading.
If there was any doubt, the generative AI bubble did not burst in 2024. Investments in generative AI, which encompasses a range of AI-powered apps, tools, and services to generate text, images, videos ...
San Francisco-based Databricks is gunning for AI-powered growth, and the data management company’s CEO, Ali Ghodsi, wants it to become as big as Salesforce. The company is considered a strong IPO ...
Databricks and Snowflake, already embroiled in a fierce rivalry over software that manages companies’ data, are now jockeying for position in generative artificial intelligence—particularly AI that ...
Client satisfaction and retention have been central to his role, and extensive efforts have been made to ensure exceptional ...
In 2024, the AI community witnessed the launch of several new large language models (LLMs), such as OpenAI’s o3 and Google Gemini 2, which promised to push the boundaries of what’s possible with AI.
Databricks, a leading global player in data and artificial intelligence (AI), has raised $10 billion in its Series J funding round, positioning itself for accelerated growth and further innovation in ...
Here’s a look at 10 companies that raised funding in December 2024.
The so-called AI boom has been going on for more than two years now, and 2024 saw a real acceleration in both the development ...
Additionally, he plans to actively expand new ventures based on generative AI services, which are gaining attention ... as ...