Legal AI startup Harvey skyrockets to $5 billion valuation after securing $300 million in Series E funding, marking a 67% jump from its $3 billion valuation just four months ago as the company reaches $75 million in annualized revenue and plans aggressive expansion into tax accounting services.
Databricks and Perplexity co-founder Andy Konwinski pledges $100 million to launch Laude Institute, an independent AI research institute that will fund projects through grants, with the first $3 million grant establishing an AI Systems Lab at UC Berkeley.
In a groundbreaking move, China revives 100 kung fu classics with AI technology, headlined by 'A Better Tomorrow' as the world's first fully AI-animated feature film, updating visuals and production while preserving original storytelling.
Microsoft introduces Mu, a compact language model engineered for efficient performance on edge devices and NPUs, powering the new AI-powered agent in Windows Settings that understands natural language queries and adjusts relevant settings.
Leaked code reveals xAI is developing an AI-powered file editor with spreadsheet capabilities for Grok, Elon Musk's ambition to turn X into an 'everything app' to rival OpenAI, Google, and Microsoft.
Meta CEO Mark Zuckerberg explores acquiring AI startup Thinking Machines Lab founded by Mira Murati, but talks stall before reaching formal offer stage, as he actively seeks AI acquisitions to enhance Meta's capabilities.
An AI model developed by researchers rapidly identifies eco-friendly cement formulas with low carbon footprint and high quality in seconds by simulating thousands of ingredient combinations, combining expertise from cement chemists, thermodynamics experts, and AI specialists to accelerate sustainable material discovery.
Unit4 is seeking a Head of AI Transformation to spearhead responsible AI innovation, governance, and integration across the company's operations, overseeing strategy, fairness, transparency, capability building, and change management initiatives.
Powerful generative AI models driving innovation emit staggering carbon emissions, up to 50 times more than simpler models, with complex queries generating 6 times higher emissions, highlighting the urgent need for sustainable AI development amid rapid technological progress.
Apple eyes acquiring Perplexity AI, a move that could bolster its artificial intelligence capabilities, enhancing features like Siri and offering an AI-powered search alternative on Safari as the tech giant aims to catch up with rivals in the AI landscape.