Gendo, an AI-powered platform that turns sketches and text prompts into high-quality visualizations, has raised €5.1M in seed funding four months after launch. The company already serves major architectural firms; over 50,000 images have been generated for 5,000 projects through its platform.
Stepful, an AI-powered healthcare education platform, has raised $31.5M in Series B funding to expand its successful training programs that combine virtual instruction with hands-on experience. The funding will enable Stepful to continue addressing the growing healthcare worker shortage in the US.
DeepL, the German AI translation company, has launched DeepL Voice, a solution that leverages the startup's proprietary translation models to deliver translated captions in virtual meetings on Microsoft Teams, and one-on-one in-person conversations through a mobile device.
Tessl, a startup founded by Snyk creator Guy Podjarny, has raised $125M in funding to develop an AI-native platform that allows teams to write specifications in natural language and have AI generate and maintain the code, with plans for full launch in 2025.
Anysphere announced its acquisition of Supermaven, the AI-powered coding assistant with jumps and deletions support, available as an extension for many popular editors. Although the Supermaven extension will be maintained, the priority will be to strengthen the Cursor editor.
Amazon is investing $110 million in its Build on Trainium program to provide academic researchers access to powerful AI computing resources and support open-source AI innovation through university partnerships.
Writer, an AI company that developed the Palmyra language model series, has secured $200 million in Series C funding at a $1.9 billion valuation to expand its enterprise-focused generative AI platform and hail the next generation of AI applications and agents for use cases.
Red Hat is acquiring Neural Magic, an MIT spin-off specializing in AI inference optimization, to help make large language models more accessible and cost-effective across hybrid cloud environments.
After facing criticism for undermining the reproducibility and transparency of science, Google DeepMind has released the source code for AlphaFold 3 for anyone to access. Additionally, researchers with an academic affiliation can request access to the model's training parameters.
Although they remain mostly optimistic, major AI companies report diminishing returns from traditional scaling approaches in AI model development, leading them to explore alternative methods like test-time computing and agentic AI capabilities.
OpenAI is reportedly developing an in-house chip with Broadcom; Amazon may invest more billions in Anthropic; An auctioned portrait of Turing painted by a humanoid robot; Google CEO claims 25% of the company's new code is AI-generated; OpenAI's 'Orion' may not be performing as expected; and more.
Reports suggest OpenAI's new Orion model shows modest improvements over GPT-4, an unexpected development that led the company to accelerate the exploration of alternative enhancement strategies.