AI startups

Co-founders behind Reface and Prisma join hands to improve on-device model inference with Mirai

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Much of the conversation around AI today is focused on building cloud capacity and massive data centers to run models. Companies like Apple and Qualcomm are in the early stages of making on-device AI more useful. Amid all that, the 14-person technical team of London-based Mirai is working to improve how models run on phones … Read more

VCs say AI companies need proprietary data to stand out from the pack

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AI companies across the globe raised more than $100 billion in venture capital dollars in 2024, according to Crunchbase data, an increase of more than 80% compared to 2023. It encompasses nearly a third of the total VC dollars invested in 2024. That’s a lot of money funneling into a lot of AI companies. The … Read more