Disney to hire majority of Character.AI’s workforce in stalking-horse bid
Disney agreed to hire at least 60 Character.AI employees, representing the majority of its workforce, in a stalking-horse bid tied to a $20 million asset acquisition.
Disney agreed to hire at least 60 Character.AI employees, representing the majority of its workforce, in a stalking-horse bid tied to a $20 million asset acquisition.
Replit will use OpenAI’s ChatGPT as its default model provider, replacing Anthropic.
A niche industry has emerged to broker sales of data, code, and workplace archives from defunct startups to AI labs.
Nvidia’s RTX Spark N1X is an Arm-based SoC for Windows laptops and small desktops, with up to 128GB unified memory and 6,144 GPU CUDA cores.
Cal AI generated over $30 million in revenue within two years of its 2024 founding.
Scimplify, a Bengaluru-based startup, raised $25 million in an all-equity strategic round led by Hitachi Ventures to expand its AI-powered production of specialty chemicals and critical materials.
Character.AI, an interactive chatbot platform, filed for Chapter 11 bankruptcy after five years of operation.
Character.AI has filed for Chapter 11 bankruptcy protection with estimated liabilities between $50 million and $100 million.
Microsoft announced Maia 300, its third-generation in-house AI chip, designed as the primary inference system for its products and services.
Amazon will no longer use nondisclosure agreements when negotiating data center siting with local governments, aligning with a similar Microsoft pledge earlier this year.