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AI startup Crusoe valued at $30 billion after new funding

Separately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg News reported on Thursday, citing sources.

AI startup Crusoe valued at $30 billion after new funding

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

More in AI

Hitachi Turns to AI to Ease Labor Shortages

Hitachi is stepping up the use of digital technology, autonomous robots and physical AI to address Japan's growing labor shortage, showcasing systems designed to automate factory work and maintain…

  • Hitachi uses AI, autonomous robots, and physical AI to address Japan's labor shortage.
  • Company predicts 11 million worker shortfall by 2040, according to President Toshiaki Tokunaga.

The sameness problem behind those unappetizing AI-generated menus

While restaurant owners might look to generative AI as a shortcut to sprucing up their menu, customers can viscerally sense that something is wrong with the food.

  • AI-generated menus cause unease due to overly perfect aesthetic.
  • Models trained on limited, pleasing data result in unnatural illustrations.
  • Convergence of styles leads to degraded quality and uncanny valley effect.

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