Ram Iyer

In a bid to lower its GPU costs amid an unprecedented component shortage, Meta is on track to start making the latest versions of its AI-specific chip in September, Reuters reported , citing an internal memo.

Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.

The company said it is reducing its headcount by 20%, or about 630 staff, to "support a leaner, more focused operating model" as it focuses on its AI Work Platform.

The company said it is reducing its headcount by 20%, or about 630 staff, to "support a leaner, more focused operating model" as it focuses on its AI Work Platform. Machine Learning & Artificial Intelligence

Israeli workplace software maker Monday.com is laying off hundreds of employees as part of a restructuring plan to refocus its investments around AI projects.

Defense tech company Anduril is said to be raising a new round of capital that may push its valuation up by a whopping $40 billion to about $100 billion, Reuters reported, citing anonymous sources.

Encore AI , a startup that studies companies' customer interactions to train and deploy AI voice agents that can work alongside customer support

In a bid to capture more of its customers' AI spending, British AI neocloud Nscale is buying software startup Anyscale , which helps companies scale their AI workloads across data centers and servers.

British AI neocloud Nscale is buying software startup Anyscale, which helps companies scale their AI workloads across data centers and servers. Machine Learning & Artificial Intelligence

Developers detest drudgery. The entire field of programming is proof of how hard people will work to automate away the boring tasks involved in building things.