Microsoft and Apple Withdraw from OpenAI Board Membership Due to Regulatory Scrutiny
These regulators questioned the extent of Microsoft's control over OpenAI and its potential influence on the startup's operations.
AI Startup Hebbia Secures $130M In Series B Funding Led By A16z, Valued at $700M
Hebbia’s AI is already used by leading asset managers, law firms, banks, and Fortune 100 companies, redefining how they operate.
OpenAI Suffers Data Breach, Internal AI Details Stolen in 2023 Hack
The breach was disclosed internally to employees at an all-hands meeting in April of the previous year, and the company's board was notified.
Cloudflare Launches Free Tool to Combat AI Bots Scraping Websites
This tool has been developed in response to the increasing challenge of AI bots bypassing standard exclusion protocols, as the need for data to train generative AI models intensifies.
South Korea's SK Hynix plans to invest $75 billion by 2028 in artificial intelligence and chip development
SK Group plans to enhance its competitiveness by concentrating on its AI value chain, which includes high bandwidth memory (HBM) chips, AI data centers, and AI services like personalized AI assistants.
Andrew Ng Aims to Secure $120M for Upcoming AI Fund
Ng founded the AI Fund with an initial investment of $175 million to support startups in the seed and Series A stages.
Hebbia Secures Nearly $100M Series B for AI-Powered Document Search
Hebbia is well-positioned to expand its AI capabilities and broaden its market reach, continuing to innovate in the AI-driven document search space.