Saturday, September 7, 2024

Character.AI, Aleph Alpha, and other AI startups that raised hundreds of millions are struggling to compete against better-funded rivals and Big Tech companies (Bloomberg)

Bloomberg:
Character.AI, Aleph Alpha, and other AI startups that raised hundreds of millions are struggling to compete against better-funded rivals and Big Tech companies  —  Even companies that raised hundreds of millions in funding are bowing out of the race to develop advanced AI models.



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Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...