GamingNews

Ubisoft, Blast continue partnership for Rainbow Six Major in Atlanta

Missed the GamesBeat Summit excitement? Don’t worry! Tune in now to catch all of the live and virtual sessions here. Ubisoft is continuing its partnership with Blast to produce the final Rainbow Six Siege Major for the 2023 season. 24 teams from nine regions will face off in Atlanta for their cut of the $750,000 prize pool. The event will take place in three phases: Phase 1…
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AI & RoboticsNews

Runway draws fresh $141 million as next-level generative AI video begins to emerge

Runway, one of the hottest generative AI startups with its text-to-image video tools, has announced a fresh round of funding, adding $141 million in a series C from Google, Nvidia and Salesforce Ventures, among other investors. The New York City-based company said in a press release that it will use this new financing to “further scale in-house research efforts, expand its world-class team, and…
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AI & RoboticsNews

Microsoft weaves generative AI fabric for Moody’s

In the world of financial risk assessment, New York based Moody’s is a global powerhouse with a vast wealth of information. Now, thanks to a partnership with Microsoft announced today, Moody’s is bringing the power of generative AI to its enterprise. Moody’s is using the Microsoft Azure OpenAI service as the engine that helps to unlock research information and risk assessment capabilities.
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AI & RoboticsNews

Inflection AI sets off fireworks with $1.3B funding, highlighting surging interest in LLMs (and Nvidia H100s)

In a pre-July 4th weekend surprise, Inflection AI, the Palo Alto-based startup founded by Mustafa Suleyman, cofounder of DeepMind, and LinkedIn co-founder Reed Hoffman, announced that it has raised $1.3 billion in an eye-popping round that brings its valuation to $4 billion. Forbes reported that Microsoft and Nvidia led the round, along with Hoffman, Microsoft cofounder Bill Gates and former…
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