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More than 10 million developers are now building on Cloudflare, the company said on Tuesday. That is up from 7.4 million a quarter earlier, a rise of about 35% in three months. Cloudflare announced the figure in a press release and tied the growth to AI agents. Developers are using AI to write code and […]
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Cloudflare passes 10 million developers, up 35% in a quarter Read More »
Supermicro expects to report revenue of $18.5bn to $19.5bn for the three months to September, against the $14.5bn to $15.5bn it had guided. The AI server maker put the gap down to “increased demand for AI platforms”. The company published the preliminary figures in a business update after the US market closed on Tuesday. At […]
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Supermicro expects up to $19.5bn in quarterly revenue, $4bn above guidance Read More »
Shares in Elice, a South Korean AI data centre company, fell 32% on their first day of trading in Seoul on Tuesday. It was the worst debut on record for a Korean IPO of $100m or more, according to data compiled by Bloomberg, as Yoolim Lee and Youkyung Lee reported. Elice raised 201.1bn won ($151m) […]
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Korean AI data centre firm Elice sinks 32% in a record-worst IPO debut Read More »
Thore Graepel, who helped build Google DeepMind’s AlphaGo, has launched Metis Reasoning in London. The company’s founding claim is that large language models cannot be trusted to reason. Its founders want to apply the lessons of AlphaGo to general reasoning instead. The company set out its thesis in a white paper titled “The Age of […]
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Ex-DeepMind researcher Thore Graepel launches London AI lab Metis Reasoning Read More »
Meta’s Prometheus supercluster in New Albany, Ohio, already runs hundreds of thousands of Nvidia GPUs across several buildings, and Meta plans to grow it to about 1 million. The company set out the details in an engineering blog post on Monday. The first phase of the gigawatt-scale cluster is finished. Meta used it to train […]
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Meta details Prometheus, the Ohio supercluster heading for 1 million GPUs Read More »
Arda Industries, founded by OpenAI’s former research chief Bob McGrew, has come out of stealth with $232 million in funding, the company announced on Tuesday. Its AI software turns new product designs into working assembly lines. The total includes a $160 million Series A at a $1.5 billion valuation, co-led by Altimeter, Accel and Khosla […]
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Ex-OpenAI research chief Bob McGrew’s Arda raises $232M for US factories Read More »
ASI has raised $325 million in a Series C round that values it at $3 billion, the Boston AI company announced on Tuesday. Its software models air traffic, power grids and military operations hours, days and weeks ahead. The aim is to let operators act before problems spread. Spark Capital led the round. Affiliates of […]
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ASI hits a $3bn valuation as its AI moves from air traffic to the grid Read More »
Sierra, the AI customer service startup led by Bret Taylor, has partnered with Stripe so its agents can take card payments during phone calls. Customers type their card number on the keypad and the data goes straight to Stripe. Healthcare billing firm Cedar is an early user. Sierra, the AI customer service startup led by […]
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Sierra and Stripe let AI agents take card payments during calls Read More »
Otter.ai has raised $320 million in growth financing from General Catalyst’s Customer Value Fund. The AI meeting notetaker announced the deal on Tuesday. It will use the money for enterprise growth, its go-to-market strategy, international expansion and product development. Otter says more than 40 million people now use its product. That includes teams at over […]
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Otter.ai raises $320M from General Catalyst for enterprise growth Read More »
Homebase, which makes scheduling and payroll software for hourly teams, has launched Homebase Assistant. The AI tool finds and contacts staff to cover missed shifts, builds schedules, screens job candidates and flags timecard errors before payroll. It is available to a limited number of businesses, and pricing has not been disclosed. Homebase, which makes scheduling […]
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Homebase’s new AI assistant fills shifts for small business owners Read More »