14 August 2025
Topic: Startups And Funding
Buzzy AI startup Multiverse creates two of the smallest high-performing models ever
It humorously calls this family the Model Zoo because one is like the size of a fly's brain and the other the size of a chicken's....
TL;DR
European AI startup Multiverse Computing releases extremely tiny AI models called 'ChickBrain' and 'SuperFly', capable of on-device chat and speech recognition.
Key Takeaways:
Key Takeaways:
- Multiverse's compact AI models can be used in IoT devices and run locally on smartphones and PCs with an internet connection.
- The 'ChickBrain' model slightly outperforms its original counterpart in several benchmark tests despite being much smaller.
- The company plans to partner with major device manufacturers like Apple, Samsung, and HP to integrate its compressed models into their products.
AI translation tech Palabra gets backing from Reddit co-founder’s venture firm
Alexis Ohanian and his firm Seven Seven Six are backing Palabra, which is working on a translation engine....
TL;DR
Palabra AI, a startup developing an AI-powered speech translation engine, raises $8.4 million in funding to tackle the challenges of real-time language switching in speech translation.
Key Takeaways:
Key Takeaways:
- Palabra's AI-powered speech translation engine brings down latency to 800ms for seamless and real-time translation, making it a potential solution to the unique problem of speech translation.
- The startup has developed a custom data pipeline to add support for new languages within weeks and a human interpreter checks the quality of the output to ensure high-quality results.
- Palabra AI offers both consumer-facing translation products, such as a desktop app for real-time translation, and business-facing translation solutions through APIs and SDKs for enterprises to integrate translation into their products.
Sam Altman’s new startup wants to merge machines and humans
If you’ve enjoyed Elon Musk’s ongoing beef with Sam Altman and OpenAI, get ready for a whole new chapter: soon they’ll be rivals not just in AI, but i...
TL;DR
Sam Altman's new startup, Merge Labs, is developing brain-computer interfaces, rivaling Elon Musk's Neuralink.
Key Takeaways:
Key Takeaways:
- Sam Altman's interests in brain-computer interfaces date back to at least 2017.
- Merge Labs is backed by OpenAI, further fueling the rivalry with Neuralink.
- This new development intensifies the competition between Altman and Musk in the brain-computer interface market.