Elorian Founder Raised $55M Seed at $300M Valuation
Andrew Dai, former DeepMind researcher, secured a $55 million seed round at a $300 million valuation for Elorian, a visual AI startup, just months after leaving Google.
ARTICLES BY MARCUS FELD
LATEST NEWS
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Cohere and University of Toronto Launch AI Partnership
Cohere and the University of Toronto announced a multi-year partnership to support responsible AI adoption at the institution, with Cohere’s North platform set to integrate into U of T’s enterprise AI platform.
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Microsoft Training Sales Team to Downplay OpenAI and Anthropic
Microsoft is reportedly preparing its salespeople to highlight the advantages of its AI models over those of OpenAI and Anthropic, with a focus on efficiency and cost-effectiveness.
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Ode with Anthropic Focuses on AI Services for Enterprise
Ode with Anthropic, backed by major firms, aims to embed engineers in enterprises to improve AI implementation success rates.
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Whatnot Acquires Shaped to Enhance Real-Time Live Shopping Recommendations
Whatnot acquired Shaped, a machine learning firm, to improve real-time recommendation systems for its livestream shopping platform, according to a July 15, 2026, announcement.
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SpaceX Shares Fall Below $135 IPO Price Ahead of Starship Launch
SpaceX’s stock dipped below its $135 IPO price on Wednesday, marking a decline since its June 12 public offering that raised nearly $86 billion.
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Anthropic and Blackstone Launch Ode, AI Implementation Firm
Anthropic and Blackstone have launched Ode, a $1.5 billion AI implementation company, aiming to help businesses adopt AI technologies effectively.
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Apple Intelligence Approved for Launch in China with Alibaba's Qwen AI
Apple Intelligence, Apple's generative AI offering, has received approval from China's regulator to launch in the country, following an integration deal with Alibaba's Qwen AI model.
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Cohere Explains Total Cost of AI Ownership
Cohere highlights the rising costs of AI ownership as global spending on AI is projected to reach $2.52 trillion by 2026, driven by infrastructure needs.
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Rime Secures $24M Series A to Power Enterprise Voice AI
Voice AI startup Rime raised $24 million in Series A funding to enhance enterprise customer call solutions. The round was led by M13 Ventures with participation from Twilio Ventures and other existing investors.
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Meta Employees Sue Over AI-Driven Layoffs
Former and current Meta employees allege discriminatory layoffs were driven by AI systems that targeted disabled workers and those on leave. The lawsuit claims 8,000 employees were cut in May.
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OpenAI Challenges Apple's Trade Secret Lawsuit Claims
OpenAI denied allegations in Apple's trade secret lawsuit, stating the complaint lacks merit. The 41-page case accuses the AI lab of misusing confidential information.