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    AI innovator SiMa.ai has raised $85 million in an oversubscribed funding round, led by Maverick Capital and joined by new investor StepStone Group. This latest investment brings SiMa.ai’s total capital raised to an impressive $355 million. With the round led by Maverick Capital, existing investors also participated, reinforcing their confidence in the company’s vision. Physical

    NewsAugust 1, 2025
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    OpenAI, the developer behind the groundbreaking ChatGPT, has successfully raised $8.3 billion, reaching an impressive valuation of $300 billion. The funding round, led by Dragoneer Investment Group’s notable $2.8 billion investment, was significantly oversubscribed, highlighting intense investor interest months ahead of schedule. This recent influx forms part of OpenAI’s ambitious strategy to raise a total

    NewsAugust 1, 2025
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    Strategic partnership with global QSR technology leader Acrelec unlocks new revenue opportunities and accelerates AI adoption in restaurants worldwide SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, and Acrelec, a world leader in quick service restaurant (QSR) technology, today announced a strategic partnership to bring advanced, voice-enabled drive-thru systems to restaurants

    NewsAugust 1, 2025
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    Well, it finally happened. AMD just dropped a bombshell at the intersection of AI and personal computing — and if you’ve been itching for true local AI model generation on your laptop (without offloading tasks to the cloud), this might just be your lucky day. The chipmaker has introduced the first-ever implementation of Stable Diffusion

    NewsAugust 1, 2025
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    There’s a certain kind of electricity in the air when an open-source darling gets the kind of backing usually reserved for cloud giants and headline-grabbing AI unicorns. That’s exactly what happened this week as Anaconda, the Austin-based AI startup best known for its popular Python data science platform, closed a Series C round at a

    NewsAugust 1, 2025
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    Ourdream.ai is an AI‑companion platform that lets you build and interact with a personalized virtual partner. You pick appearance, personality, voice style, interests—and even fantasies. It supports uncensored image and short video generation, so your companion feels visually real as well as conversationally alive. Their memory system keeps track of past chats so conversations evolve

    NewsAugust 1, 2025
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    If you’re wondering whether AI trading bots can play nice with Robinhood—it turns out some do. I looked at five ai trading bot tools, each with a different vibe. Some are rule‑based, some promise deep pattern recognition, and some cater to folks who just want signals they can follow. I’ll walk you through what each

    NewsAugust 1, 2025
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    You land on Intellectia.AI expecting a sleek AI trading bot—but it’s not exactly a traditional bot. Instead, it’s an AI-powered decision-assistant for stocks and crypto: AI Stock Picker, Swing Trading signals, sentiment analysis, and portfolio tracking. No direct trade execution, just intel and guidance. What Is It, Really? Intellectia.AI markets itself as a financial intelligence

    NewsAugust 1, 2025
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    Informatica is adding new AI-based capabilities to its Intelligent Data Management Cloud (IDMC) platform to help enterprises manage their data more efficiently for generative AI and agentic applications and use cases. IDMC sits on top of enterprise databases, ingesting and cataloguing from various sources and applying data governance rules as it goes. It includes tools for

    NewsAugust 1, 2025
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    AI systems are computational beasts with costs that can easily spiral out of control in a public cloud environment. This isn’t hypothetical; the data backs it up. Nearly half of IT leaders in a recent survey reported unexpected cloud-related costs ranging from $5,000 to $25,000, with AI workloads being a common culprit. These workloads demand

    NewsAugust 1, 2025
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