Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million ($29 million) angel round.
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QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million ($29 million) angel round.
Greg Brockman never wanted to discuss his personal journal in public. But the OpenAI president has been stuck for days doing exactly that, while testifying in a trial in which Elon Musk has alleged that OpenAI abandoned its nonprofit mission to instead focus on personally enriching leaders like Broc
Companies working on batteries, semiconductors, and medical devices generate vast amounts of data — and much of it ends up scattered across spreadsheets and legacy systems, making it hard to use to improve products or understand failures.
Greg Brockman and Ilya Sutskever gathered at Elon Musk’s self-described “haunted mansion,” a 47-acre, $23 million estate in Hillsborough, south of San Francisco, to discuss the future of OpenAI.
By OpenAI COO’s own admission last February, “we have not yet really seen AI penetrate enterprise business processes.” But for enterprise software giant SAP, whose stock has dropped significantly in 2026 in part from the “SaaSpocalypse,” the issue is still front and center. On Monday, the European h
Every time you use AI, you are, in some small way, depending on a 42-year-old, 44,000-person Dutch company that spends €4.5 billion each year to advance its technology. ASML, headquartered in the Netherlands, makes the machines that make the chips that make AI possible.
When iOS 27 is released later this year, iPhone users will reportedly have a lot of choice when it comes to which AI models they want to use on-device. A new report from Bloomberg says that Apple plans to give users their pick of a number of third-party large language models that will be capable of
Pennsylvania has sued the maker of Character.AI, alleging that it violated state law by presenting an AI chatbot character as a licensed doctor.
Silicon Valley investors, such as Palantir co-founder Peter Thiel, have bet hundreds of millions of dollars on deploying AI data centers powered by waves in the middle of the world’s oceans—a move that coincides with the mounting challenges tech companies are facing in building AI data center projec
On Tuesday, OpenAI released a new foundation model called GPT-5.5 Instant, which will replace GPT-5.3 Instant as the default ChatGPT model.
Google launched its big AI-fueled redesign of Google Home late last year, and it has been adding features here and there ever since. Today, the company announced a bigger update that might take care of some of your smart home woes.
The Commonwealth of Pennsylvania has filed a lawsuit against Character.AI, claiming that one of the company’s chatbots masqueraded as a psychiatrist in violation of the state’s medical licensing rules. “Pennsylvanians deserve to know who — or what — they are interacting with online, especially when
Many companies today provide AI simply as a chatbot inside their apps: You type in (or dictate) what you want it to do, and the AI bot goes and tries to do it. Still, the experience tends to feel clunky.
Voice AI company ElevenLabs revealed new investors that are part of its $500 million Series D fundraise, which was first announced in February. The additions include institutions such as BlackRock, Wellington, D.E.
Meta will start using AI to scan photos and videos for visual clues to see if a user is under 13 and should be removed from Facebook and Instagram, the company announced on Tuesday.
Etsy announced Tuesday the launch of its native app within ChatGPT, opening up a new way for shoppers to explore its catalog of over 100 million listings. The new experience is designed to move beyond the limitations of traditional keyword queries.
PayPal is looking toward the future, despite its falling stock and looming layoffs. In its first-quarter earnings call, CEO Enrique Lores told investors that PayPal needs to “recommit to the fundamentals,” which included “becoming a technology company again.” There was no need to read between the li
DeepMind in London have voted to unionize as part of a bid to block the AI lab from providing its technology to the US and Israeli militaries.In a letter addressed to Google’s managing director for the UK and Ireland, Debbie Weinstein, the workers asked the company to recognize the Communication Wor
This is today's edition of The Download, our weekday newsletter that provides a daily dose of what's going on in the world of technology. Week one of the Musk v.
Krutrim, India’s first GenAI unicorn, is shifting from AI model development to cloud services after months of relative quiet on product updates — a move that reflects the tougher economics of building large-scale AI systems.