Paul Sawers
The U.K.’s Competition and Markets Authority (CMA) is launching preliminary enquiries into whether the close-knit tie-ups and hiring practices involving Microsoft, Amazon and a trio of AI startups falls within the scope of its merger rules — and whether the arrangements could impact competition in the U.K. market.
The announcement...
Conversational AI platform Parloa has nabbed $66 million in a Series B round of funding, a year after the German startup raised $21 million from a swathe of European investors to propel its international growth.
The company is focusing on the U.S. market in particular, where Parloa opened a New...
A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” for developers wanting to build and train AI applications more efficiently.
FlexAI, as the company is called, has been operating in stealth since October 2023, but the Paris-based company is formally launching Wednesday with €28.5 million ($30...
Vector databases are all the rage, judging by the number of startups entering the space and the investors ponying up for a piece of the pie. The proliferation of large language models (LLMs) and the generative AI (GenAI) movement have created fertile ground for vector database technologies to flourish.
While...
Google has terminated the employment of 28 staff following a prolonged sit-in protest at the company’s Sunnyvale and New York offices.
The employees were protesting against Project Nimbus, a $1.2 billion cloud computing contract inked by Google and Amazon with the Israeli government and its military three years ago. The...
Meta said on Monday that it plans to “temporarily” shutter Threads in Turkey from April 29, in response to an interim injunction imposed by the Turkish competition authority last month over the way Meta shares data between Threads and Instagram.
The Turkish Competition Authority (TCA), known as Rekabet Kurumu, noted...
OpenAI is expanding to Japan, with the opening of a new Tokyo office and plans for a GPT-4 model optimized specifically for the Japanese language.
The move is significant for a few reasons. It underscores the opportunity the company sees to court business in the country, and highlights how OpenAI...
A Danish startup wants to help R&D teams automate lab experiments that require visual inspections, raising $20 million in a Series A round of funding to scale its technology in the U.S.
Reshape, which was founded out of Copenhagen in 2018, has developed a robotic imaging system replete with software...
Model N, a platform used by companies such as Johnson & Johnson, AstraZeneca, and AMD to automate decisions related to pricing, incentives, and compliance, is going private in a $1.25 billion deal.
Vista Equity Partners is doling out $30 per share in the all-cash transaction, representing a 12% premium on...
Microsoft has announced a new London hub for its recently unveiled consumer AI division. It will be fronted by Jordan Hoffmann, an AI scientist and engineer Microsoft recently picked up from high-profile AI startup Inflection AI, which Microsoft invested in last year.
The news comes some three weeks after Microsoft CEO...