AI News

OpenAI Enters the Search Arena with SearchGPT, Aiming to Compete with Google and Bing

The Rise of Artificial Intelligence: Europe and Israel's Generative AI Landscape in 2024

Tengo harnesses the power of AI to streamline the process of finding, evaluating, and responding to public tenders. This innovative software-as-a-service (SaaS) platform empowers companies to manage public tenders on a large scale, similar to solutions like Govly in the United States. Established within the startup studio Hexa, Tengo has successfully secured €3 million in funding, led by Point Nine (approximately $3.2 million at current exchange rates).

Hebbia, a pioneering startup harnessing the power of generative AI to efficiently search through large documents and provide precise answers, has successfully closed a nearly $100 million Series B funding round led by Andreessen Horowitz, as reported by sources familiar with the matter.

DreamFlare AI Launches to Empower Content Creators with AI-Generated Short-Form Videos

In a recent interview, Meta CEO Mark Zuckerberg shared his vision for the future of artificial intelligence (AI), emphasizing his belief that there won't be a "one true AI" dominating the landscape. Instead, he advocates for an open-source approach, arguing that AI tools should be accessible to everyone. Zuckerberg criticized unnamed competitors who pursue closed AI systems, suggesting they operate under a misguided notion of "creating God."

Butterflies is a dynamic social network where humans and AIs connect through posts, comments, and direct messages. After an extensive five-month beta testing phase, the app will officially launch to the public on iOS and Android this Tuesday.

Ilya Sutskever, a co-founder of OpenAI, has announced the launch of his new company, Safe Superintelligence Inc. (SSI), just a month after departing from OpenAI. Sutskever, who previously served as OpenAI’s chief scientist, established SSI alongside former Y Combinator partner Daniel Gross and ex-OpenAI engineer Daniel Levy.

Lightspeed Ventures-backed audio platform Pocket FM has announced an exciting partnership with voice-cloning company ElevenLabs to swiftly transform text into audio series using advanced AI technology.

If data truly powers generative AI, then access to relevant business data is crucial for successful implementation. Certain SaaS providers, like ServiceNow, inherently benefit from this advantage as they leverage their own platforms to enhance business-focused AI models, setting the stage for effective execution.

The European Union has revealed the winners of its “Large AI Grand Challenge,” launched earlier this year to boost local innovation among large-scale AI model creators. Four startups will share €1 million in prize money and, crucially, gain access to 8 million GPU hours for training their models on select high-performance computing (HPC) supercomputers over the next 12 months. The Commission anticipates that this support will drastically reduce model training times “from years to weeks.”

Solo Founder Cat Jones Sets New Travel Trends with Byway Amid Pandemic Challenges

Many software developers are unhappy at work, with 32.1% dissatisfied and 47.7% complacent, mainly due to technical debt and inadequate tools. Upskilling, like learning the new programming language Mojo, can enhance job satisfaction and career prospects in a booming AI industry.

Facebook is expanding its online deep learning course to promote diversity in its AI division, targeting universities with large Black and Latinx populations. This initiative, part of a larger strategy to support underrepresented groups, aims to combat biases in AI technologies.

Microsoft has secured an exclusive license for OpenAI's advanced GPT-3 language model, following a $1 billion investment. This partnership allows Microsoft to integrate GPT-3 into its services and Azure cloud platform, enhancing AI accessibility for developers and businesses while maintaining user access through OpenAI’s API.