Voice AI Startup Phonic Lands $27.5M Series A Led by First Round Capital
Phonic raised $27.5 million and launched Phonic-1, which beat OpenAI in blind tests and speed demos but still trails human voices.
Agentic Times
Stay ahead of the curve with the latest AI news, breakthroughs, product launches, research, funding, and insights from across the artificial intelligence industry.
Apple Cuts Employee AI Budgets as Daily Caps Could Fall to $25
Apple has cut some employees’ daily AI token budgets to control costs, with further cuts to as low as $25 under consideration, Bloomberg reported.
Dow Giants Talk AI Risk, Go Silent on AI Profits
A Flexera review found most Dow companies use AI, but only two disclosed AI spending or results, while nearly all listed AI risks.
Dollar Index Falls to 101.41 After Democrats Win Senate and House
The dollar hit a one-month low after Democrats won both chambers of Congress, as investors weighed AI regulation and its effect on US growth.
Anthropic’s Compute Bill Is Outrunning Claude Sales Ahead of Its IPO
Anthropic’s amended IPO filing shows compute costs rising faster than revenue, as Claude price cuts and short-term compute deals led to a quarterly loss.
OpenAI Withdraws CalTech Sponsorship After Researcher Criticism
Fields Medalists warn AI labs are disrupting math research after OpenAI faced accusations over credit and pulled CalTech sponsorship.
Mecka AI Nears $500 Million Valuation In New Funding Round
Mecka AI is close to a Sequoia-led funding round valuing the robot data startup at about $500 million, three months after its last raise.
Fujitsu to Sell Japan-Made AI Chip Monaka Globally From November
Fujitsu will globally launch its Japan-made AI chip Monaka in November, aiming to compete with GPU-dominated rivals through better power efficiency.
Nvidia CEO Defends Company's AI Investment Deals
Nvidia CEO Jensen Huang said the company expects 70% revenue growth next year, driven by rising GPU demand across the AI industry.
Mistral AI Models to Integrate With Cloudera Data Platform
Cloudera and Mistral AI partnered to let enterprises run and train AI models on their own data while keeping full control.
OpenAI Adds AI Alignment Researcher Paul Christiano to Its Board
Paul Christiano, a leading AI alignment researcher, joined OpenAI's board to help reduce risks of AI systems escaping human control.
Listen Labs Drops $1.5 Billion Funding Round Over Salesforce Talks
Listen Labs dropped a signed $1.5 billion funding round while in talks for a possible $2 billion acquisition by Salesforce.