AI News

AI startup Symbolica has launched with a groundbreaking methodology centered on category theory to enhance AI reasoning and transparency, raising $33 million in funding. Led by CEO George Morgan, the company aims for scientific rigor in AI development, enabling interpretability and efficiency while targeting enterprise clients in regulated industries.

Google and Nvidia have partnered to enhance AI startup support by merging their startup acceleration programs. This collaboration offers resources like cloud credits, mentorship, and access to advanced AI tools, aiming to streamline onboarding and accelerate market entry for AI startups.

Google is upgrading its productivity suite with new features focused on efficiency and security, including AI-powered meeting tools and a data protection plan, both at $10/user/month. The enhancements aim to streamline communication and safeguard sensitive information, benefiting over 3 billion Workspace users.

GTM Buddy raised $8 million in Series A funding to enhance its AI-powered sales enablement platform and tackle "leaky" sales funnels. It launched the AI-driven Sales Success solution, featuring dynamic sales tools and the Namedrop tool for social proof. Pricing will be based on sales reps, with new models considered later. The solution, expected in Q2 2024, aims to boost conversion rates and sales rep performance.

Google is launching Google Vids, an AI-powered video creation app for workplaces, allowing users to create and collaborate on videos from their browsers. Set for a June release, it integrates with existing Google Workspace tools and focuses on user-friendliness, catering to business needs.

Google Cloud has launched Chrome Enterprise Premium, a browser-integrated security solution featuring zero trust, access controls, and reporting tools to combat rising cyber threats. The announcement includes enhancements like Gemini for cybersecurity operations, aiding detection and investigation. As enterprise browsers become central for work, these tools aim to streamline security management and improve response times for teams facing growing complexities in cyber threats.

Google Cloud launched its Cloud Next conference, introducing major AI advancements, including updates to Vertex AI with over 130 models, enhanced accuracy features, advanced MLOps tools, a no-code agent builder, and expanded data residency options. The event runs until April 11, 2024.

Google has updated its image generation model, Imagen 2, introducing text-to-live capabilities for creating animated GIFs and new image editing tools like inpainting and outpainting. These features enhance user engagement, especially for media and advertising. The model also includes safety filters and digital watermarks.

AMD has expanded its Versal SoC portfolio, introducing the Gen 2 devices for AI applications, offering up to three times higher TOPs-per-watt and improved performance. The Versal AI Edge Series is set for automotive use, with Subaru adopting it for its EyeSight ADAS. Full production is expected by late 2025.

Google is launching Google Vids in June 2024, an AI-powered video creation app that simplifies video production for workplace storytelling. Users can generate storyboards, scripts, and voiceovers by uploading content and inputting prompts, enhancing collaboration within Google Workspace.

Google Cloud Next 2024 unveiled the Axion processor, Google’s first Arm-based CPU for data centers, boasting 30% improved performance over its general-purpose tools and 60% more energy efficiency than x86 VMs. This positions Google against AWS’s Graviton in the competitive Arm market.

Arm has introduced the Ethos-U85 Neural Processing Unit and Corstone-320 IoT Reference Design Platform to enhance edge AI applications. The Ethos-U85 offers a fourfold performance boost and 20% greater efficiency for IoT tasks, while the Corstone-320 accelerates development with integrated components, promoting faster deployment of advanced AI systems.

OpenAI is set to launch the GPT Store next week, a dedicated platform for custom applications created using its text-generating AI models like GPT-4.

As organizations rapidly adopt AI technologies, the demand on cloud providers is intensifying. Major players like Amazon Web Services, Microsoft, Google, and Oracle are facing an extraordinary surge in demand for the server chips necessary to train and deploy AI-driven applications, leading them to limit chip availability for their customers. Microsoft has openly acknowledged these challenges, cautioning that service interruptions could occur if it cannot secure enough AI chips for its data centers.

MyShell, a generative AI platform for creating chatbots and "AI girlfriends," recently secured $11 million in funding, raising its total to $16.6 million. Users can interact with and create personalized bots using various AI models, including its own, ShellLLM. The platform features a blockchain token system for monetization, encourages creative engagement, and supports diverse chatbot uses beyond personal companionship. MyShell aims to enhance its open-source model and foster community involvement.