US technology firms have been racing to adopt the latest artificial intelligence (AI) reasoning model from Chinese start-up DeepSeek despite increasing global scrutiny of the Hangzhou-based company, which claims it can develop industry-leading models at a fraction of the usual cost. Top chip designer Nvidia has made DeepSeek’s R1 model available to users of its…
We recently compiled a list of the 15 AI Stocks That are Making Headlines. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other AI stocks. Perplexity, the California-based AI startup that is challenging the dominance of Google in the Internet Search market, is considering the development…
Aravind Srinivas, CEO of Perplexity, speaks during the Semafor 2024 World Economy Summit in … [+] Washington, DC in Washington, DC, on April 18, 2024. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images) AFP via Getty Images Perplexity AI Raising $500M at $8 billion Valuation. Perplexity AI, a Jeff Bezos-backed…
Dow Jones & Co., parent of the Wall Street Journal, and the New York Post, both owned by News Corp., has sued the Jeff Bezos-backed generative AI startup Perplexity for copyright infringement, the latest in a stream of lawsuits around artificial intelligence that have met with varying degrees of success. Perplexity “claims to provide its…
The New York Times has sent a cease and desist letter to Perplexity, a generative AI company backed by Jeff Bezos, demanding that it stop accessing and utilising its content in AI-generated summaries and other outputs. The Wall Street Journal reviewed the letter, which claims that Perplexity has been “unjustly enriched” by using the Times’…