Generative AI funding achieved unprecedented levels in 2024, showing no signs of slowing down despite previous concerns about a market bubble. Investments in the field, which includes a variety of AI-driven applications and tools for generating text, images, videos, speech, and music, hit a remarkable $56 billion across 885 deals. This represents a stark 192% […]
OpenAI’s Missed Deadline: The Opt-Out Tool Promised by 2025 Is Still Unavailable
Back in May, OpenAI announced plans to create a tool allowing content creators to manage how their works would be used in its AI training data. However, as of now, the promised tool, named Media Manager, has not been released, and the deadline for its launch was set for 2025. The Media Manager was designed […]
Cleerly Secures $106M in Funding from Insight Partners for AI-Powered Heart Health Early Detection
Cleerly, a cardiovascular imaging startup, has announced a significant $106 million Series C extension round led by Insight Partners, with participation from Battery Ventures. This funding comes just over two years after the company raised $223 million in a previous Series C round. The venture aligns with Cleerly’s mission to improve the early detection of […]
Impact of Neural Concept’s Aerodynamic AI on Formula 1 Racing
It’s a long way from pedal bikes to Formula 1. But that’s precisely the quantum leap that AI-based startup Neural Concept and its co-founder and CEO, Pierre Baqué, made in just six years. In 2018, the company’s fledgling software helped develop the world’s most aerodynamic bicycle. Today, four out of 10 Formula 1 teams use […]