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AI Innovation

Volantis Raises $88 Million to Tackle AI Chip Memory Bottlenecks

San Francisco-based semiconductor startup Volantis has raised $88 million in venture capital to develop technology aimed at addressing a major bottleneck in AI chips — the speed at which computing components can communicate with...

European AI Firms Push Back Against Calls to Slow Development

European artificial intelligence firms are pushing back against calls from leading U.S. AI companies to slow the development of increasingly powerful models, arguing that such measures could reinforce the dominance of established players. France-based...

OpenAI Unveils ChatGPT for Teens With Stronger Safeguards

OpenAI on Tuesday introduced “ChatGPT for Teens,” a version of its AI chatbot designed for users aged 13 to 17, featuring enhanced security measures and parental controls. The new system automatically activates when a...

CuspAI Raises $450 Million to Accelerate AI-Driven Materials Discovery

British artificial intelligence startup CuspAI has raised $450 million in a Series B funding round led by Kleiner Perkins and NEA, reaching a valuation of $2.6 billion. The round attracted major investors including the...