Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the …
Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup‘s board, the buzzy firm said Friday night, making it the second …
Microsoft has agreed to pay Inflection AI US$650 million, largely to license its artificial intelligence software, alongside its move earlier this week to hire much of the start-up’s staff, according …
Photo: Justin Sullivan (Getty Images) Whatever you believe about the future of AI, there’s probably a cult out there for you. Ideological factions have been drawing lines for years and …
Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion (nearly Rs. 10,670 crore) from investors including Microsoft and Nvidia, amid a …