AI news
On Monday, Chegg filed a lawsuit in federal district court against Google, asserting that AI-generated summaries of search results have negatively impacted the online education company's traffic and revenue.
**Alfred Pay, Caliza, Noah, Rain, and Sling Money Join Global Dollar Network** **USDG Powers Global Dollar Network** **NEW YORK, Feb
Perplexity AI, the creator of a widely-used artificial intelligence search engine, is reportedly nearing the completion of a $50 million venture fund aimed at early-stage AI startups, according to information obtained by CNBC.
Timing could not be more significant.
The Mavryk Network team, which focuses on real-world assets (RWA) through its layer-1 blockchain, announced that it has secured $5.2 million to further its initiatives in tokenization and decentralized finance (DeFi).
The venture capital landscape is buzzing with discussions about AI software tools that require no employees, quickly achieving tens of millions in recurring revenue just months post-launch.
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