When it comes to fusion power, there are two basic approaches: One, create a small star here on Earth that’s held in place by powerful magnetic fields. Two, use intense lasers to make a succession of even smaller stars, but repeat the process several times per second. Moritz von der Linden likes his odds with […]
Finbourne taps $70M for tech that turns financial data dust into AI gold
Companies in fields like financial services and insurance live and die by their data — specifically, how well they can use it to understand what people and businesses will do next, a process that is becoming increasingly dominated by AI. Now, a startup called Finbourne, founded out of London’s financial center, has built a platform […]
SiMa.ai secures $70M funding to introduce a multimodal GenAI chip
SiMa.ai, a Silicon Valley-based startup producing embedded ML system-on-chip (SoC) platforms, today announced that it has raised a $ 70 million extension funding round as it plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. According to Gartner, the market for AI-supporting chips globally is forecast to more than […]
Ambience Healthcare raises $70M for its AI assistant led by OpenAI and Kleiner Perkins
Artificial intelligence has an increasing role in the world of healthcare, and startups that bring the two worlds closer are seeing significant traction with customers, and investors. In the latest development, Ambience Healthcare — has developed what it describes as an “operating system” for healthcare organizations to help clinicians complete the substantial administrative work required […]