Anthropic is expanding to Europe and raising more money

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The dynamic landscape of generative AI sees intense competition as companies vie for dominance in this burgeoning field. On the heels of OpenAI’s announcement regarding the latest iteration of its GPT large language model, its formidable rival in the United States,

OpenAI Startup Fund raises additional $5M

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The OpenAI Startup Fund, an entity dedicated to investing in early-stage AI companies, has recently undergone a transition in its legal control, shifting from Sam Altman to Ian Hathaway. This transition comes alongside the closing of an additional $5 million in funding, as reported in a filing with the U.S. Securities and Exchange Commission.

Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash 

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Uber Technologies has made headlines with its announcement of the acquisition of Delivery Hero’s Foodpanda Taiwan unit for a staggering $950 million in cash. This strategic move is part of Uber Eats’ ambitious plan to fortify its foothold in Asia, with a particular focus on strengthening its position in Taiwan’s competitive market.

Investors are growing increasingly weary of AI

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Following quite a while of income sans work, the simulated intelligence industry is confronting retribution. Another report from Stanford’s Establishment for Human-Focused Man-made Brainpower (HAI), which concentrates on artificial intelligence patterns, found that worldwide interest in computer-based intelligence succumbed for the second year straight in 2023.

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