AI News

Andrew Ng’s AI Fund Aiming to Raise Over $120 Million for New Venture Fund

OpenAI competitor Anthropic has unveiled Claude 3.5 Sonnet, a new generative AI model that represents a notable improvement over its predecessor but isn’t a groundbreaking transformation. This latest iteration can analyze both text and images while generating text and has been labeled as Anthropic's most proficient model yet—at least in terms of specifications. When assessed across several benchmarks in reading, coding, mathematics, and vision, Claude 3.5 Sonnet surpasses Claude 3 Sonnet and outshines the earlier flagship model, Claude 3 Opus.

The construction industry is grappling with a significant slow payments issue. Recent studies indicate that construction companies face an average wait time of two to three months for payment, often due to delays, multiple payment tiers, and unexpected cost overruns. In 2023 alone, the cost of these delayed construction contract payments soared to $273 billion, accounting for 14% of the total project expenditures that year.

Figma CEO Dylan Field has announced the temporary suspension of the “Make Design” AI feature, which had been accused of closely mimicking the designs of Apple’s Weather app. This issue was initially highlighted by Andy Allen, the founder of NotBoring Software, known for its suite of apps, including a customizable Weather app. Upon testing, Allen discovered that Figma’s tool consistently generated designs remarkably similar to Apple’s Weather app.

Apple's AI initiatives extend well beyond the recently announced Apple Intelligence features for the iPhone, iPad, and Mac. According to Bloomberg's Mark Gurman, the tech giant plans to integrate these innovations into its Vision Pro headsets as well.

Spotter, the innovative startup delivering financial solutions for content creators, has unveiled its new AI-powered creative suite, Spotter Studio. Launched on Tuesday, this tool is designed to assist YouTubers throughout the creative process, facilitating brainstorming, thumbnail and title generation, project planning, task organization, and team collaboration.

Intel has secured its first cloud customer for the Gaudi 3 AI accelerator chip: IBM Cloud.

After a demanding week of coding, one might expect San Francisco’s tech enthusiasts to escape to the Bay Area's mountains, beaches, or vibrant nightlife. However, the weekend signals the start of AI hackathons.

Labeling and annotation platforms may not capture the spotlight like cutting-edge generative AI models, but they play a critical role in the AI ecosystem. The data that fuels many AI models must be accurately labeled for the models to effectively interpret it during training.

OpenAI's GPT-4o is the innovative generative AI model that powers the recently launched alpha version of Advanced Voice Mode in ChatGPT. This groundbreaking model is the first to be trained on voice in addition to text and image data. However, this capability sometimes leads to unexpected behaviors, such as mimicking the speaker's voice or spontaneously shouting during conversations.

Farms generate vast amounts of data. From machinery to irrigation systems, this wealth of information can be invaluable for farmers and the companies that support them. Traditionally, however, this data has been fragmented across various formats, creating challenges in interpretation and application. Leaf aims to change that.

Polymarket Teams Up with Perplexity for Enhanced News Summaries

Opera is enhancing its iOS web browser with an AI assistant named Aria. In an announcement today, the company revealed that Opera for iOS will now feature Aria, a sophisticated AI product developed in partnership with OpenAI, fully integrated into the browser and available at no cost to all users.

OpenAI's ChatGPT for Enterprise has gained over 260 clients since its August 2023 launch, totaling 150,000 users. Estimated annual revenue could reach $108 million, though this is minor compared to its $1.6 billion overall revenue. Companies prefer OpenAI for data security and support despite cheaper alternatives.

Roblox has launched AI tools, Code Assist and Material Generator, to aid users in creating content using text prompts. Currently in beta, they automate basic coding tasks and generate textures. While promising, they have limitations, requiring user review for accuracy.