News
Anthropic's Funding Milestone
Anthropic, an AI start-up, completed a fund-raising deal valuing it at $61.5 billion, up from $16 billion a year ago. Led by Lightspeed Venture Partners, the round added $3.5 billion, with support from Menlo Ventures and tech giants like Amazon, Google, and Salesforce. This reflects the growing investment in AI, potentially impacting competition and innovation.
Source: The New York Times
Apple’s AI-Enhanced iPhone Launch
Apple introduced the iPhone 16e, its first update to the affordable model since 2022, now at $599 with AI features. This move aims to make advanced AI accessible to more users, potentially shifting market dynamics in smartphone technology.
Source: The New York Times
South Korea’s AI App Ban
South Korea banned downloads of DeepSeek, a Chinese AI app, until it complies with data protection laws. This regulatory action highlights growing concerns over AI privacy and international tech tensions, affecting global AI deployment.
Source: The New York Times
AI in Health: Studying the Human Virome
The Human Virome Program is using AI to analyze samples from thousands of volunteers, aiming to map trillions of viruses in the human body and understand their health impacts. This unexpected application could revolutionize medical research and personalized healthcare.
Source: The New York Times
Scrunch AI’s Optimization Tool
Scrunch AI, launched to help companies optimize for AI search engines, focuses on AI bots and agents visiting websites. It audits and updates appearances every three days, addressing gaps like outdated pricing, and has 25 customers including Lenovo and Penn State University, raising $4 million in seed funding.
Source: TechCrunch