Hugging Face raises $235M from investors including Salesforce and Nvidia

August 24, 2023
As first reported by The Information, then seemingly verified by Salesforce CEO Marc Benioff on X (formerly known as Twitter), AI startup Hugging Face has raised $235 million in a Series D funding round. The tranche, which had participation from Google, Amazon, Nvidia, Intel, AMD, Qualcomm, IBM, Salesforce and Sound Ventures, values Hugging Face at […]

Meta releases Code Llama, a code-generating AI model

August 24, 2023
Meta, intent on making a splash in a generative AI space rife with competition, is on something of an open source tear. Following the release of AI models for generating text, translating languages and creating audio, the company today open sourced Code Llama, a machine learning system that can generate and explain code in natural […]

Max adds 24/7 live streaming news with launch of ‘CNN Max’ in the U.S.

August 24, 2023
Max, the streaming service previously known as HBO Max, announced this morning it’s adding 24/7 live streaming news with the addition of “CNN Max,” starting on September 27 in the U.S. The feature, which will launch in beta, will offer Max viewers live content from CNN US, CNN International, and other original programming. The service […]

5 trends in VC funding for pre-seed startups

August 24, 2023
Compared to H1 2022, so far this year, VCs are spending 12% less time poring over pitch decks, but founders haven’t slowed down: 16% more decks were sent out.

Rocketium scales and analyzes massive marketing campaigns

August 24, 2023
Large companies often have to produce marketing campaigns with thousands of pieces of individual content, including email and social media ads. This means creative teams have to execute ideas rapidly while responding quickly to what content is getting the most clicks. Rocketium’s platform automates much of the process, and its clients include McDonald’s, Amazon and […]

Ikigai lands $25M investment to bring generative AI to tabular data

August 24, 2023
Organizations are awash in data, but struggle with a host of challenges to actually use, organize and analyze that data. According to one estimate, companies will store 100 zettabytes of data in the cloud by 2025. But as of now, just 13% of organizations are delivering on their analytics and data strategy, a MIT Technology […]