AI & Robotics

Indian serial entrepreneur Bhavin Turakhia is making a $30 million personal bet that there is still room for another enterprise AI company. His new venture, Neo, is built on a simple premise: Workplace software designed before the AI era cannot simply be upgraded with chatbots – it has to be redesigned from the ground up. Turakhia, 46, is no stranger to ambitious enterprise technology bets. Over…

Meta has spent billions of dollars developing AI and building out data centers to support it. But now, the company may be preparing to put those data centers to a more immediately profitable purpose. On Wednesday, Bloomberg reported that Meta is developing plans for a cloud infrastructure business, selling access to both AI compute power and models. The move would pit it against the big cloud…

Micron, the Boise, Idaho-based memory chip maker, has captured Wall Street’s heart. Whether the love affair endures will heavily depend on how long the AI-driven supply crunch for memory chips lasts. Micron promises that it has shored up its position for the long term, which would allow it to withstand a sudden drop in demand or overcapacity of supply. And Wall Street has become a believer…

Forget stickers, GIFs, and emoji reactions. Pixi is betting that the next evolution of messaging is interactive augmented reality (AR). The startup launched its messaging-native app on the App Store on Wednesday, allowing users to send AI-powered AR characters through iMessage. Instead of appearing as static media, the characters come to life through the recipient’s iPhone camera, where they can…