Just 15 months after it founding, Applied Compute is raising $350 million at a $3.25 billion valuation, nearly double its worth from four months ago.

Companies like AT&T are increasingly using cheap, freely available artificial intelligence models over expensive ones from ...

Nvidia released Nemotron 3.5 Lightning, an open-source model that the company says is "lightweight" and can run on a single GPU on a laptop or desktop. It's the chipmaker's first open-source model ...

To judge by his social feeds, OpenAI CEO Sam Altman is a very happy camper, as his company notches one eye-popping success after another. The startup he cofounded in 2015 just raised $40 billion at a ...

Glimmer stakes out different ground: a dense model with native vision input, trained end-to-end around the agent loop, shipping with its own quantized variants and speculative-decoding drafter.

The open-source shift has been spearheaded by AI startup DeepSeek, whose R1 model released earlier this year challenged American tech dominance. Chinese AI companies from big players such as ...

Chinese open models are spreading fast, from Hugging Face to Silicon Valley. Here’s why that matters. MIT Technology Review’s What’s Next series looks across industries, trends, and technologies to ...

Aug 28 (Reuters) - Tencent released a preview version of a new open-source AI model aimed at tasks such as software ...

French AI company Mistral released a new open source text-to-speech model on Thursday that can be used by voice AI assistants or in enterprise use cases like customer support. The model, which ...

The Institute of Foundation Models (IFM) today introduced K2 Horizon, a new fleet of six AI foundation models ranging from 0.9 billion to 375 billion parameters. The new models are fully ...