Microsoft cuts 9,000 jobs including 200 at Candy Crush maker King, marking the fourth Xbox layoff round in 18 months. Despite record gaming engagement, the $69 billion Activision deal pressures studios to prove profitability over creativity.
Good Morning from San Francisco, Meta wrote checks for $300 million. OpenAI researchers said no. Zuckerberg offered packages that make
Meta offered AI researchers $300 million packages to join its new lab. Every single person said no. The rejections reveal how top talent values mission over money in the race to build artificial intelligence.
Discover how Norm AI is revolutionizing compliance with its AI-powered solutions, thanks to fresh capital. Making tedious tasks hassle-free.
Norm AI just landed $48 million to teach machines the art of legal compliance. The startup has now raised $87 million total, with heavyweight investors like Coatue and Marc Benioff betting on its vision.
The company builds AI agents that digest massive regulatory documents and spot compliance issues before they become headaches. These digital assistants can parse through behemoths like the 371,800-word Affordable Care Act in seconds.
CEO John Nay wants to embed these smart compliance checks directly into business workflows. His team created a special programming language that turns corporate policies and government regulations into decision trees that AI can understand.
The timing looks right. As companies adopt more AI tools and generate mountains of data, the compliance tech market is set to boom. Analysts expect it to grow from $10.9 billion in 2023 to $21.9 billion by 2034.
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A Marine-led startup that reads stress patterns in voices just raised $60M from ex-CIA chief David Petraeus. Clearspeed detects fraud and security risks without listening to words - just tone and hesitation patterns across any language.
Former OpenAI executive Mira Murati raised $2 billion for her new AI company, shattering every seed funding record. Her six-month-old startup is now worth $10 billion without shipping a product. The deal shows how the exodus of top talent from OpenAI is creating well-funded competitors.
Former Cisco executives have developed a solution geared towards preventing unexpected IT emergencies, aiming for uninterrupted operations.
Perplexity AI, known for providing direct answers instead of traditional search links, is nearing a $14 billion valuation. Yet beneath the soaring numbers lies a pressing question: Can its novel approach truly reshape how we search the internet?
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