🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
The 9-month-old AI startup challenging Silicon Valley’s giants
Livemint
·
1y ago
Medial
Arthur Mensch, the co-founder and CEO of Mistral AI, is challenging the idea that the winners in the AI race will come from US tech giants. His startup, valued at over $2 billion, aims to outmaneuver Silicon Valley titans by finding more efficient ways to build and deploy AI systems. Mistral plans to release a new AI model called Mistral Large, which costs less than $22 million to train, compared to the millions spent by companies like OpenAI. Mistral has attracted interest from corporate clients, including Microsoft, and has partnerships with companies like Salesforce and Nvidia.
View Source
Related News
OpenAI enters Silicon Valley’s hot new business: War
Livemint
·
7m ago
Medial
OpenAI, the world's most valuable AI company, has partnered with defense-tech startup Anduril Industries to incorporate its technology into counterdrone systems used by the U.S. military. This collaboration represents OpenAI's deepest involvement with the Defense Department and its first partnership with a commercial weapons maker. Although OpenAI still prohibits the use of its technology in offensive weapons, it has made deals for cybersecurity work and other projects with the military. The move reflects Silicon Valley's changing stance towards closer ties with the national security complex, with other tech companies also pursuing similar partnerships to bolster national security against countries like China.
View Source
Has a new China-based AI model beaten Silicon Valley’s LLMs?
Economic Times
·
1y ago
Medial
China-based AI startup 01.AI has achieved unicorn status with a valuation of $1 billion in less than eight months since its inception. The company has released its new large language model (LLM), Yi-34B, which outperforms Silicon Valley models on key metrics. Trained on 34 billion parameters, Yi-34B is an open-source model available to developers in Chinese and English. The model ranked first among pre-trained base LLMs, surpassing models from Meta and others. 01.AI aims to provide a superior alternative not only for the Chinese market but globally. The company plans to release more models in the future and expand its offerings to languages beyond Chinese and English.
View Source
Why everyone is freaking out about DeepSeek
The Verge
·
1m ago
Medial
DeepSeek, a Chinese AI startup, has disrupted the tech industry by unveiling two advanced AI models, raising doubts about the perceived financial barriers to AI development. Markedly cheaper than American counterparts, the models prompted a massive market reaction, causing significant value losses for companies like Nvidia and Tesla. DeepSeek's innovations showcase the potential for smaller startups to compete with tech giants, challenging existing investment paradigms and suggesting a more competitive AI landscape.
View Source
AI chip startup FuriosaAI rejects Meta’s $800 million offer
Economic Times
·
4m ago
Medial
Korean startup FuriosaAI declined an $800 million acquisition offer from Meta, opting for independent growth. The decision impacts investor DSC Investment's shares, which fell after initial takeover rumors. FuriosaAI, led by June Paik, focuses on AI chips challenging Nvidia's market hold. Meta seeks to advance its AI infrastructure in competition with tech giants. FuriosaAI plans a funding round and future IPO, providing chip samples to clients like LG AI Research and Saudi Aramco.
View Source
SoftBank to take Indian startup founders to Silicon Valley for AI tour
Financial Express
·
1y ago
Medial
SoftBank intends to organize a trip to Silicon Valley next month for a delegation of Indian startup founders, focusing on AI. SoftBank has holdings in Indian startups such as Swiggy, Ola, and OYO. According to Sumer Juneja, a SoftBank executive, the aim is to avoid investing in companies that overlook the AI trend and become obsolete in a few years.
View Source
Silicon Valley’s Next Mission: Help the U.S. Catch China and Russia in Hypersonic Weapons
Livemint
·
1y ago
Medial
Venture capitalists in Silicon Valley are investing hundreds of millions of dollars into the development of hypersonic weapons technology. The U.S. military has lagged behind China and Russia in the development of hypersonic missiles, leading to increased interest from Silicon Valley in filling this gap. Startups in the sector are pitching their expertise and private capital to lower costs for the Defense Department. Venture capitalists have invested over $500 million into U.S. hypersonic startups in the past two years. However, the commercial tech sector faces challenges in dealing with the complexities of the defense industry.
View Source
Elon Musk’s latest dust-up: What does ‘science’ even mean?
Livemint
·
1y ago
Medial
Elon Musk and the AI chief at Meta Platforms, Yann LeCun, engaged in a heated Twitter debate over differing views on the meaning of "science." Musk celebrated raising funds for his AI startup xAI, to which LeCun criticized Musk's claims and conspiracy theories. The exchange highlighted the ongoing tension between researchers and entrepreneurs in Silicon Valley. LeCun defended the importance of publishing research, while Musk emphasized the need for practical application. The debate reflects the battle for AI talent and the race among tech giants to lead in the AI field.
View Source
Sam Altman faces backlash as old video resurfaces amid DeepSeek’s rise
Economic Times
·
6m ago
Medial
OpenAI founder Sam Altman faces backlash over an old video where he deemed building a competitive AI model on a $10 million budget as hopeless. Recorded in June 2023, Altman's remarks are now scrutinized amid the rise of Chinese AI startup DeepSeek, which has gained attention with cost-efficient technology. DeepSeek's chatbot leads as the top-rated free app on Apple's US App Store, challenging Altman's notion. Tech Mahindra’s former CEO publicly accepted this competitive challenge.
View Source
Tech giants are set to spend $200 billion this year chasing AI
Economic Times
·
8m ago
Medial
Silicon Valley's tech giants, including Amazon, Microsoft, Meta, and Alphabet, are continuing to invest heavily in artificial intelligence (AI) despite previous criticism for the high costs without sufficient results. These companies are set to spend over $200 billion on AI-related capital expenditures this year alone. The race to secure high-end chips and build extensive data centers is driving this spending spree, with deals being made with energy providers, including reviving a nuclear plant. The tech giants aim to convince investors that these investments will lead to future profitability beyond their current business models.
View Source
#MondayMotivation: Kunal Shah on 'why not to do a startup' post by Andreessen
Inshorts
·
11m ago
Medial
Entrepreneur Kunal Shah reposted reasons shared by Marc Andreessen, Co-founder and General Partner of Silicon Valley venture capital firm Andreessen Horowitz, on why not to do a startup. Andreessen listed frequent rejection, challenging hiring process, demanding work hours, and risk of negative company culture as reasons not to start a company. Shah called these reasons "#MondayMotivation".
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in