Author: buzzodo

Enterprise browser developer Island has secured $250 million in a Series E funding round led by Coatue, with participation from Insight Partners, Sequoia Capital, and Canapi Ventures. The fresh investment has propelled the company’s valuation to $4.85 billion. Based in Dallas, Texas, Island enables businesses to develop customized enterprise browsers, granting them full control over...

Believing that AI models should excel not only in text generation but also in visual creation, OpenAI has enhanced GPT-4o’s capabilities, integrating its most powerful image generation features to date. These new features will initially be available to ChatGPT Pro, Plus, and Team subscribers. Due to overwhelming user demand, OpenAI plans to roll out GPT-4o’s...

Roper Technologies, a leading provider of software and technology solutions, is expanding its presence in the healthcare sector by acquiring CentralReach for $1.65 billion. Previously operating under Insight Partners, CentralReach is expected to officially become part of Roper Technologies by April or May 2025. Following the acquisition announcement, Roper’s shares increased by 1.1%. Headquartered in...

OpenAI, a leading force in artificial intelligence, has successfully closed a new funding round, securing a $40 billion investment at a $300 billion valuation. Just six months ago, OpenAI raised $6.6 billion at a $157 billion valuation, meaning its market value has nearly doubled in a short period, drawing significant interest from investors. The funding...

Spotify has announced a new partnership with ElevenLabs to make AI-generated audiobooks more accessible on its platform. Through this collaboration, authors will be able to use ElevenLabs’ AI-powered voice technology to create audiobooks and distribute them via Spotify’s Findaway Voices platform. As AI-generated voice content continues to grow, ElevenLabs’ advanced voice synthesis technology, which supports...

San Francisco-based Together AI has raised $305 million in a Series B funding round led by General Catalyst, bringing its valuation to $3.3 billion. The round saw participation from Prosperity7, Salesforce Ventures, Nvidia, Kleiner Perkins, SE Ventures, Greycroft, March Capital, Cadenza Ventures, and Coatue. Founded in 2022, Together AI provides a cloud platform that enables...

San Francisco-based AI-powered recruitment platform Mercor has secured a $100 million investment in its latest funding round, bringing its valuation to $2 billion. Founded in 2023, Mercor has quickly gained traction in the industry. Last year, the company raised funds at a $250 million valuation, with backing from prominent angel investors like Peter Thiel, Jack...

Chinese AI startup DeepSeek plans to make five code repositories available to all developers and researchers as open source. As part of its commitment to full transparency, the company aims to release these repositories to the public next week. In a post on X, DeepSeek announced that its small team working on artificial general intelligence...

French artificial intelligence company Mistral AI has achieved a major milestone with its chatbot assistant, Le Chat, surpassing 1 million downloads just two weeks after its mobile app launch. Gaining significant traction, particularly in France, Le Chat has risen to the top of the free app category on the App Store across Europe. A key...

US-based fintech startup Method has successfully closed its $42 million Series B funding round. The round was led by Emergence Capital, with participation from notable investors such as Avra, Samsung Next, Andreessen Horowitz, Y-Combinator, and Ardent Venture Partners. Founded in 2021, Method has now raised a total of $60 million in funding. The company announced...