Tag: Generative AI

Apple and Nvidia could be OpenAI’s next big investors

Nvidia and Apple are reportedly in talks to contribute to OpenAI’s next fundraising round — a round that could value the ChatGPT maker...

Generative AI coding startup Magic lands $320M investment from Eric Schmidt, Atlassian and others

Magic, an AI startup creating models to generate code and automate a range of software development tasks, has raised a large tranche of...

GitHub Copilot competitor Codeium raises $150M at a $1.25B valuation

A startup whose product competes with GitHub Copilot and other AI-powered coding assistants has achieved unicorn status. On Thursday, Codeium said it closed a...

Nvidia reports record quarterly revenue as AI chip demand continues

US computer chip giant Nvidia has reported record quarterly revenue of 30 billion dollars (£22.7 billion) in its latest round of financial results.The...

Midjourney says it’s ‘getting into hardware’

Midjourney, the AI image-generating platform that’s reportedly raking in more than $200 million in revenue without any VC investment, is getting into hardware. The...

All eyes are on Nvidia as it prepares to report its earnings. Here's what to expect

Nvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily...