OpenAI's CFO floated a federal backstop for AI infrastructure, then reversed within hours after White House rejection. The whiplash exposed the core problem: OpenAI needs $1.4 trillion while generating $20 billion. The math doesn't work.
Microsoft declares it's building "humanist superintelligence" to keep AI safe. Reality check: They're 2 years behind OpenAI, whose models they'll use until 2032. The safety pitch? Product differentiation for enterprise clients who fear runaway AI.
Three Stanford professors just raised $50M to prove OpenAI and Anthropic generate text wrong. Their diffusion models claim 10x speed by processing tokens in parallel, not sequentially. Microsoft and Nvidia are betting they're right.
Discover how this startup raised $40M to revolutionize e-commerce. Providing a suite of tools to streamline online business operations.
Swap, a London-based startup founded in 2022, just secured $40 million in Series B funding to streamline e-commerce operations.
The platform consolidates everything from cross-border shipping to inventory forecasting into one system, saving online retailers from juggling multiple service providers.
The company serves brands making between $5M and $100M in revenue, including fashion labels Nadine Merabi and The Frankie Shop. With AI tools powered by Claude, Gemini, and ChatGPT, Swap helps predict inventory trends and handles complex tasks like international tax calculations.
ICONIQ Growth led the round, with QED Investors and others joining in. The funding will fuel Swap's international expansion, with new offices planned across Australia, Europe, Canada, and the US.
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Three Stanford professors just raised $50M to prove OpenAI and Anthropic generate text wrong. Their diffusion models claim 10x speed by processing tokens in parallel, not sequentially. Microsoft and Nvidia are betting they're right.
Ex-Tencent AI scientist Wei Liu chose Singapore for unrestricted Nvidia chip access, raising $50M for Video Rebirth. The geography play matters more than the physics pitch—it's about training on Blackwell while China can't.
Microsoft's venture arm doubled funding for a German startup that cuts datacenter cooling costs by up to 40% using software alone. The timing: North American operators face years-long power constraints while AI demand climbs.
FurtherAI closed $25M from Andreessen Horowitz six months after seed to automate insurance workflows—from submission intake to claims processing. The velocity signals a shift from AI pilots to production deployment, with early customers reporting measurable ROI.
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