
Snap Separates AI Video Division Into Dotmo to Reduce Development Costs
Snap has spun off its AI video development team into a new company, Dotmo, to lower AI research costs while retaining an equity stake and technology partnership.
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Snap has spun off its AI video development team into a new company, Dotmo, to lower AI research costs while retaining an equity stake and technology partnership.

OpenAI has expanded its leadership team by hiring AI pioneer Noam Shazeer and policy expert Dean Ball as the company prepares for its anticipated IPO, reinforcing its focus on innovation…

Amazon is strengthening its artificial intelligence hardware business by expanding sales of its custom AI chips, aiming to offer businesses a competitive alternative to Nvidia for AI…

AI startup Probably has raised $9 million in seed funding to develop technology that reduces AI hallucinations and improves response accuracy with advanced validation systems and…

ChatGPT’s global AI assistant market share has dropped below 50% for the first time, as Google Gemini and Anthropic Claude continue gaining users. Despite the decline, ChatGPT remains the…

Odyssey has reached a $1.45 billion valuation after raising fresh funding backed by Amazon and several leading investors. Learn how the AI world model startup plans to advance…

Sarvam AI has become India’s newest AI unicorn after raising $234 million in a funding round led by HCLTech. The investment values the Bengaluru-based startup at $1.5 billion and will…

India is reassessing its artificial intelligence strategy after Anthropic suspended access to its latest AI models, highlighting the need for stronger domestic AI capabilities and reduced…

KPMG has withdrawn a report on AI usage after concerns surfaced about apparent hallucinations and factual inaccuracies. Learn what happened and why AI-generated information remains under…

OpenAI is facing an investigation by multiple state attorneys general examining its business practices, AI development, consumer protections, data handling, and compliance with state…

Anthropic and TCS have announced a strategic partnership to help enterprises scale AI adoption. The collaboration will expand Claude AI deployments, train 50,000 TCS professionals, and…

Memory tools help AI systems retain information across interactions, but they can also introduce errors, outdated context, and bias. Researchers are examining how long-term memory affects…