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Saturday, 25 May 2024

Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns

by BD Banks

Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation; Scale AI, a data-labeling platform for machine learning models, secured $1 billion as its valuation nearly doubled to $13.8 billion; and H, a fledgling French […]

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