All articles by Verdict Staff
Verdict Staff
Cohere seeks $500m funding to advance AI development
Cohere aims to raise $500m to enhance AI models, targeting a $5.5bn valuation.
Anduril Industries raises $2.5bn funding, valuation hits $30.5bn
This funding round was led by Founders Fund, with a $1bn investment.
Anysphere secures $900m funding
The funding will primarily be used for research and development, focusing on enhancing Anysphere’s AI models.
US plans new tech restrictions on China’s subsidiaries
Officials are reportedly drafting rules on imposing licensing requirements on transactions involving majority-owned subsidiaries of sanctioned firms.
DeepSeek R1-0528 update enhances AI reasoning capabilities
This development reportedly intensifies the competition within the AI sector, particularly with US-based firms such as OpenAI and Google.
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Rescale raises $115m in Series D round
Early investors in the startup include Sam Altman, Jeff Bezos, Paul Graham, and Peter Thiel.
Meta faces US Senate review over access to Chinese market
The committee has asked Meta to provide comprehensive records with the deadline for this disclosure set at 21 April.
Nvidia expands China team for autonomous driving research
Nvidia has also strengthened its networking software development and after-sales service teams in the country.
Australia plans charges for big tech over unpaid news content
The rules will apply to significant social media platforms and search engines with Australian-based revenue exceeding $250m.
Google unveils Gemini 2.0 AI enhanced capabilities
Gemini 2.0 can generate images and audio across languages and is designed to assist in Google searches and coding projects.