Five-month-old Indian AI startup Sarvam scores $41 million funding
Sarvam AI, a five-month-old Indian startup based in Bengaluru, has raised $41 million in seed and Series A financing rounds. The company is focused on developing full-stack generative AI offerings, particularly large language models (LLMs) with support for Indian languages. Sarvam AI is building a platform that allows businesses to leverage LLMs, emphasizing voice as […]
Automated proposal writing startup AutogenAI raises $39.5M from Salesforce Ventures and others
The UK-based startup AutogenAI has raised $39.5 million in a Series B funding round, co-led by Salesforce Ventures and Spark Capital, for its generative AI software that automates the tedious and time-consuming process of proposal writing. The company’s bid-writing product suite has led to a 30% increase in win rates and significant cost savings for […]
Another blow for self-driving trucks as former industry leader TuSimple abandons the US
TuSimple, once a leading developer of self-driving trucks in the U.S., is now exiting the country due to internal controversies and a lost partnership with Navistar. The company is laying off 75% of its U.S. staff and selling off its assets, as it shifts its focus to the Asia-Pacific region.
Nvidia CEO says he will try to prioritize Japan for AI processors
Nvidia’s CEO, Jensen Huang, committed to supplying artificial intelligence processors to Japan due to the country’s urgent need to enhance its semiconductor infrastructure and AI technology development. Japan’s recent financial allocation of approximately ¥2 trillion for chip investment underscores its dedication to reboot its semiconductor industry and secure its position in the AI technology arena. […]
Top Execs at Sports Illustrated’s Publisher Fired After AI Debacle
The recent firing of two senior executives, COO Andrew Kraft and President Rob Barrett, at The Arena Group, the owner of _Sports Illustrated_, has sparked attention to the company’s recent AI controversy. The dismissal is part of a broader restructuring effort by the majority owner, billionaire Manoj Bhargava, following the revelation that _Sports Illustrated_ and […]
Video Game Soundtracks Up Next for AI Disruption, Experts Say
The OpenAI Board Member Who Clashed With Sam Altman Shares Her Side
Insurers’ AI Use for Coverage Decisions Targeted by Blue States
States such as Colorado, New York, California, and others are stepping up to regulate insurance algorithms amid concerns about discriminatory practices. Insurers like State Farm, Cigna, and UnitedHealth have faced legal actions alleging unfair treatment of minorities and older customers due to their use of automated processes to deny coverage. The advance of AI in […]
Apple Unveils An Open-Source Path for AI Development on Its Silicon Chips
Apple recently launched MLX, an open-source framework designed specifically for machine learning on its M-series CPUs. The framework aims to address compatibility and performance issues associated with Apple’s unique architecture and software, providing a more user-friendly design and a more streamlined process for training and deploying AI models on Apple devices. MLX’s unified memory model […]
Microsoft exec hints at new LLMs beyond OpenAI’s
Microsoft’s executive Eric Boyd hinted that the company’s AI service will soon provide more LLMs beyond OpenAI, offering customers more choice. This comes after Amazon AWS CEO criticized Microsoft’s reliance on OpenAI, emphasizing the need for cloud providers to offer more options. Microsoft has deployed OpenAI’s models in its products and offers the flexibility […]
Hands-on with Gemini: Interacting with multimodal AI
Gemini: Google’s newest and most capable AI model
Sydney-based generative AI art platform Leonardo.Ai raises $31M
Leonardo.Ai, a generative AI startup based in Sydney, Australia, recently secured a $31 million USD round of funding from investors like Blackbird, Side Stage Ventures, Smash Capital, TIRTA Ventures, Gaorong Capital, and Samsung Next. The company, founded in 2021, has gained seven million users and produced over 700 million images since December. Catering to creative […]
Sydney-based generative AI art platform Leonardo.Ai raises $31M
Leonardo.Ai, a generative AI startup based in Sydney, Australia, recently secured a $31 million USD round of funding from investors like Blackbird, Side Stage Ventures, Smash Capital, TIRTA Ventures, Gaorong Capital, and Samsung Next. The company, founded in 2021, has gained seven million users and produced over 700 million images since December. Catering to creative […]
Google unveils AlphaCode 2, powered by Gemini
Google has unveiled AlphaCode 2, an improved version of its code-generating AI model, powered by Gemini, a generative AI model. AlphaCode 2 outperforms its predecessor, excelling in programming challenges and solving complex math and theoretical computer science problems. The AI model uses policy models to generate code samples, which are then filtered, grouped, and scored […]
Google’s best Gemini demo was faked
Google’s new Gemini AI model is facing mixed reception and skepticism after it was revealed that the impressive demo video showcasing its capabilities was actually faked. The video, “Hands-on with Gemini: Interacting with multimodal AI,” featured various interactions with the Gemini AI model, highlighting its responsiveness to voice queries and visual prompts. However, it was […]
Google unveils AlphaCode 2, powered by Gemini
Google has unveiled AlphaCode 2, an improved version of its code-generating AI model, powered by Gemini, a generative AI model. AlphaCode 2 outperforms its predecessor, excelling in programming challenges and solving complex math and theoretical computer science problems. The AI model uses policy models to generate code samples, which are then filtered, grouped, and scored […]
AI can copy human social learning skills in real time, DeepMind finds
Researchers at DeepMind conducted a groundbreaking study showing that AI agents can demonstrate social learning skills by imitating humans in novel contexts without using pre-collected human data. In a simulated environment called GoalCycle3D, the AI agents learned to navigate by mimicking expert agents and quickly applied their new skills to other virtual paths. This advancement […]
Google unveils AlphaCode 2, powered by Gemini
Google has unveiled AlphaCode 2, an improved version of its code-generating AI model, powered by Gemini, a generative AI model. AlphaCode 2 outperforms its predecessor, excelling in programming challenges and solving complex math and theoretical computer science problems. The AI model uses policy models to generate code samples, which are then filtered, grouped, and scored […]
AI can copy human social learning skills in real time, DeepMind finds
Researchers at DeepMind conducted a groundbreaking study showing that AI agents can demonstrate social learning skills by imitating humans in novel contexts without using pre-collected human data. In a simulated environment called GoalCycle3D, the AI agents learned to navigate by mimicking expert agents and quickly applied their new skills to other virtual paths. This advancement […]