Shoreline Acquired by Nvidia in Software Startup Acquisition Deal

Shoreline Acquired by Nvidia in Software Startup Acquisition Deal

Nvidia Corp. has recently acquired Shoreline.io, a software development startup founded by an ex-Amazon Web Services executive, for around $100 million. Shoreline, based in Redwood City, California, specializes in software that identifies and resolves issues in computer systems through automation. The company was established in 2019 by Anurag Gupta, who had prior experience at AWS. … Read more

Former Google employee takes charge of new Seattle-based startup studio specializing in creating and launching B2B software companies

Seattle veteran of Google and Microsoft, Greg Deveson, has launched a new startup studio in Seattle focused on building B2B software companies. The company, called GeekWire, aims to help entrepreneurs in the tech industry create successful businesses by providing them with the resources and support they need. Deveson, who worked at Google for over a … Read more

Cisco Announces $1 Billion AI Fund to Support Startup Investments and Innovative Solutions

Cisco has announced the launch of a $1 billion fund dedicated to investing in startups and solutions focused on artificial intelligence (AI). The fund is part of Cisco’s efforts to advance technology and innovation in the AI space. The company is seeking to support promising AI startups and solutions that have the potential to make … Read more

European Union refuses to approve Microsoft’s partnership with French AI startup

European Union refuses to approve Microsoft’s partnership with French AI startup

European regulators are facing criticism over their handling of the AI Law, with Kai Zenner from MEP Axel Voss’s office suggesting they have been influenced. Despite this, lawmakers Brando Benifei and Dragoș Tudorache have refrained from immediate criticism, calling for more transparency and refraining from jumping to conclusions. Tudorache even praised Mistral’s work for gaining … Read more

Amazon partners with AI startup Hugging Face to utilize Amazon chips

Amazon partners with AI startup Hugging Face to utilize Amazon chips

Amazon Web Services (AWS) has announced a partnership with artificial intelligence startup Hugging Face to make it easier for developers to run AI models on Amazon’s custom computing chips. Hugging Face, valued at $4.5 billion, is a popular platform for AI researchers and developers to access and test open source AI models. This partnership will … Read more

Amazon partners with AI startup Hugging Face to utilize Amazon chips

Amazon partners with AI startup Hugging Face to utilize Amazon chips

Amazon’s cloud unit has announced a partnership with AI startup Hugging Face to facilitate running thousands of AI models on Amazon’s custom computing chips. Hugging Face, valued at $4.5 billion, is a prominent platform for AI researchers and developers to access and test open source AI models. Supported by tech giants such as Amazon, Google, … Read more

Former employees of Salesforce and Microsoft secure $8 million funding for their new AI cybersecurity startup

Former employees of Salesforce and Microsoft secure  million funding for their new AI cybersecurity startup

Averlon, a new Seattle-based startup founded by Sunil Gottumukkala and Vishal Agarwal, is utilizing artificial intelligence technology to assist with various tasks. The company’s founders are pictured in the image above. The startup aims to revolutionize processes through AI technology. Article Source https://www.geekwire.com/2024/salesforce-microsoft-vets-raise-8m-for-new-ai-cybersecurity-startup/

Amazon collaborates with Hugging Face AI startup to improve AI model efficiency

Amazon collaborates with Hugging Face AI startup to improve AI model efficiency

Amazon’s cloud unit has teamed up with AI startup Hugging Face to enhance the efficiency of AI models. The collaboration aims to simplify the process of running multiple AI models on Amazon’s custom computing chip, Inferentia2. Hugging Face, valued at $4.5 billion, is a prominent platform for AI researchers and developers to share chatbots and … Read more

Amazon teams up with AI startup Hugging Face to improve efficiency of AI model – NASDAQ:AMZN

Amazon teams up with AI startup Hugging Face to improve efficiency of AI model – NASDAQ:AMZN

Amazon announced a partnership with AI startup Hugging Face to simplify running AI models on Amazon’s custom computing chips. This collaboration will enable running AI models on Amazon Web Services (AWS) chip called Inferentia2. Hugging Face, valued at $4.5 billion, is a platform for AI researchers and developers to share chatbots and other AI software. … Read more

Amazon Teams Up with AI Startup Hugging Face to Utilize Amazon Chips

Amazon Teams Up with AI Startup Hugging Face to Utilize Amazon Chips

Amazon Web Services (AWS) has announced a collaboration with AI startup, Hugging Face, to simplify the process of running numerous AI models on Amazon’s specialized computing chips. This partnership aims to enhance the AI capabilities available on AWS, making it more efficient and accessible for developers to leverage AI technology. Hugging Face is known for … Read more