AWS plans to substantially enhance its support for startups utilising its cloud infrastructure in response to escalating competition in the AI services sector, particularly from Microsoft. According to CNBC, AWS will double the value of credits offered to certain startups through its Activate program. Starting this July, startups that have recently secured Series A funding […]
AI startup Adept has been in talks with Microsoft, sources say
Adept, a two-year old AI startup that has raised more than $400 million in funding, has been in talks with Microsoft, according to three sources familiar with the matter. Microsoft, an investor in Adept who has a commercial agreement with the startup, said that the software maker has no plans to acquire Adept. “We have […]
Microsoft Forms AI Partnership With News Startup Semafor
Microsoft has reportedly launched an artificial intelligence (AI)-focused partnership with news startup Semafor. The collaboration would see Semafor use tools from Microsoft and partner OpenAI to develop news stories with a “global, multi-source” breaking news feed known as “Signals,” Semafor announced Monday (Feb. 5). “Signals responds to the deep and continuing shifts in the digital media landscape and the post-social news […]