The round was led by Wellington Management, a firm known for investing in start-ups on the path toward potential initial public offerings.
Category: Artificial Intelligence
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Clay, an A.I. Sales Tool Provider, Raises $115 Million
The New York Times – Business: -
Film and TV Portrayals of A.I. Go Beyond Science Fiction
The New York Times – Movies:Plots involving some kind of artificial intelligence are even part of soap operas. Here’s how they’ve evolved over the decades.
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A.I. Music Giant Suno Tries to Play Nice With Record Labels
The New York Times – Music:Suno has drawn copyright lawsuits from the majors. Now it is releasing a version of its A.I. music generator trained in partnership with Warner Music.
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Why Stocks Are Defying Gravity and What Could Bring Them Down
The New York Times – Business:Investors are focused on strong corporate earnings and A.I., while looking past the war in Iran. But rising interest rates are an increasing risk to the rally.
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French A.I. Start-Up Mistral Raises $3.5 Billion as Part of Strategy Shift
The New York Times – Business:Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.
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The Film Industry Is Worried About Survival. France Wants to Save the Day.
The New York Times – Movies:An A-list gathering in the French Riviera aimed to serve as a rallying cry for a sector threatened by YouTube, TikTok and artificial intelligence.
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Why Labor’s Share of Wealth Is Shrinking
The New York Times – On the Runway:Workers’ share of our national income is declining rapidly but we’re not sure why.
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How a Blacklisted Chinese Tech Giant Kept Buying America’s Best A.I. Chips
The New York Times – Business:Washington imposed sanctions on Inspur because of its work with the Chinese military. But the company’s subsidiary kept shipping Nvidia’s best chips to feed China’s leading A.I. firms.
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U.S. Trade Gap Ballooned in July
The New York Times – Business:The trade deficit bounced back up last month as spending on data centers to feed the A.I. boom drove up imports.
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Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face
The New York Times – Business:The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.
