Smart Spectrum AI secures new round of funding at a pre-investment valuation of $20 billion
Big model unicorn company, a new round of financing officially landed. Less than a month before the official announcement of the cumulative financing of 2.5 billion yuan during the year in October 2023, Beijing Zhi Spectrum Huazhang Technology Co Ltd (Zhi Spectrum AI, hereinafter referred to as: Zhi Spectrum), was revealed to be in the process of a new round of financing at a valuation of 20 billion yuan. So far this year, Smart Spectrum ...
Top 10 AI + Healthcare Use Cases Roundup
The wave of Artificial Intelligence technology is sweeping the world, and AI Big Model, with its excellent data processing capability and deep learning ability, is becoming a key force for change in the healthcare field. In this paper, we will deeply explore the innovative practices of AI big models in the top ten scenarios of healthcare, demonstrating its ability to enhance the efficiency of healthcare services and empower clinical decision...
Seventh batch of deep synthesis service algorithms filed through the list released, Huawei, Tencent, Jitterbug and others in the list
The National Internet Information Office website on August 5, according to the "Internet Information Services Depth Synthesis Management Regulations", the State Internet Information Office publicly released the seventh batch of domestic depth synthesis service algorithm filing information. According to the filing list, Huawei Cloud's "Huawei Cloud MetaStudio Split Number...
Baichuan Intelligence Completes 5 Billion Yuan Series A Financing, Becomes the Third Large Model Unicorn in China with a Valuation of 20 Billion Yuan
On July 25, market news said that the big model startup Baichuan Intelligence has recently completed the A round of financing, the total amount of financing amounted to 5 billion yuan, and will open the B round of financing at a valuation of 20 billion yuan. The investors in the A round include Ali, Xiaomi, Tencent, Asia Investment Capital, CICC and other head manufacturers and market-oriented...
28 in total! Taking stock of AI companies that raised $100 million or more in the first half of 2024
Recent data from Crunchbase shows that more than $35.5 billion will flow into AI startups globally in the first half of 2024 alone. Of the six venture capital rounds of over $1 billion raised in the first half of 2024, five of them were raised by AI companies, with other AI startups...
Fireworks AI Raises $52 Million in Funding Valued at $552 Million
Redwood City-based GenAI inference platform provider Fireworks AI has closed a $52 million Series B funding round. According to the company, with this round, it raised a total of $77 million, valuing the company at $5.52 ...
Gen-3 Alpha officially released, 10 amazing scenes to see!
Runway has released its latest model, Gen-3 Alpha, a breakthrough text-to-video AI model that sets a new benchmark for video creation. The advanced model allows users to generate 10-second-long videos using only text prompts, still images, or prerecorded...
AI macromodeling: open source or closed source?
In the vast world of Artificial Intelligence (AI), large models play a pivotal role. These large and complex models have shown amazing intelligence and potential through deep learning and massive data training. However, the development path of big models is not a single one, and open source and closed source have become two major trends...