CodeParrot joins a growing list of early-stage AI startups unable to transition from prototype to profitability ...

SiMa.ai, a startup developing an embedded edge chip to accelerate AI workloads, has raised $30 million in an expanded venture funding round.

L3Harris gains margin strength and AI-driven growth through its Shield AI partnership, with 18% upside and long-term ...

Pig.dev was working on a problem that could have been revolutionary: agent tech for controlling Windows desktops.

Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.

This marks a significant change compared to 2021, when AI-related funding amounted to $42.76B versus $293.4B for non-AI funding. This is very important because despite a 50% decline in North ...

Perplexity AI, the buzzy AI startup backed by Nvidia and valued at $14 billion, is looking to take on the big guns of mobile browsing. The company is reportedly in discussions with smartphone ...

Skild AI, a Pittsburgh unicorn startup, opens a new office in San Mateo, Silicon Valley, as it continues rapid growth in AI ...

Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation of about $5 billion ...

Databricks raises $10 billion in oversubscribed funding round Funding to support employee stock cash-out, AI talent hiring, and M&A Dec 17 (Reuters) - Databricks has secured a $62 billion ...

Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.

An AI startup founder should be able to say what is different about the company’s approach to solving a certain problem, says Jason Chen with Mach37. Courtesy photo. Still, the “AI boom is here to ...