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Bengaluru-based Sarvam AI, which is building LLMs that support Indian languages, emerges from stealth with a $41M combined seed and Series A led by Lightspeed (Manish Singh/TechCrunch) 07-12-2023

Manish Singh / TechCrunch: Bengaluru-based Sarvam AI, which is building LLMs that support Indian languages, emerges from stealth with a $41M combined seed and Series A led by Lightspeed  —  Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build … Lees verder op Tech Meme

Robinhood launches a commission-free crypto trading app, supporting 25+ cryptocurrencies, in the EU, a week after the company launched stock trading in the UK (Emily Nicolle/Bloomberg) 07-12-2023

Emily Nicolle / Bloomberg: Robinhood launches a commission-free crypto trading app, supporting 25+ cryptocurrencies, in the EU, a week after the company launched stock trading in the UK  —  – More than 25 tokens available to trade for free at launch  — Launch comes as Bitcoin’s price recovers to 19-month high Lees verder op Tech Meme

AWS' re:Invent showed it lags behind in the generative AI space, as half of the announcements are still in preview and were seemingly developed in a rush (Corey Quinn/Last Week in AWS) 07-12-2023

Corey Quinn / Last Week in AWS: AWS’ re:Invent showed it lags behind in the generative AI space, as half of the announcements are still in preview and were seemingly developed in a rush  —  AWS has been very publicly insecure about the perception that it’s lagging behind in the Generative AI space for the past year. Lees verder op Tech Meme

Sydney-based Leonardo.Ai, which lets users generate AI images for use in creative industries, raised $31M, and says it has 7M users and generated 700M+ images (Catherine Shu/TechCrunch) 07-12-2023

Catherine Shu / TechCrunch: Sydney-based Leonardo.Ai, which lets users generate AI images for use in creative industries, raised $31M, and says it has 7M users and generated 700M+ images  —  Sydney, Australia-based Leonardo.Ai is the one of the latest generative AI startups to raise funding. Lees verder op Tech Meme