AI News

Magic, an innovative AI startup focused on generating code and automating various software development tasks, has successfully secured a substantial investment round led by notable backers, including former Google CEO Eric Schmidt.

Perplexity AI is set to share advertising revenue with news publishers whenever its chatbot references their content in response to user queries. This initiative aims to address criticisms regarding alleged plagiarism and unethical web scraping practices faced by the startup.

Navin Chaddha, managing partner of the 55-year-old venture capital firm Mayfield Fund, approaches venture investing with a distinctive perspective that sets him apart from other established firms. After raising a remarkable $955 million fund last year, Chaddha emphasized that Mayfield doesn't follow the trend of creating multibillion-dollar funds, stating, “Copying someone else is a strategy for disaster, a blueprint for failure.”

Clearview AI, the controversial U.S. facial recognition startup notorious for its searchable database comprised of 30 billion images scraped from the internet without consent, faces its largest privacy fine to date in Europe. The Netherlands' data protection authority, Autoriteit Persoonsgegevens (AP), announced on Tuesday that it has fined Clearview AI €30.5 million (approximately $33.7 million) for multiple violations of the European Union’s General Data Protection Regulation (GDPR), confirming that its database contains images of Dutch citizens.

Location data remains fundamental to app development, impacting the way businesses operate in today's digital landscape. One startup that leverages this crucial data is Placer.ai, which focuses on AI-driven market research. Recently, the company raised $75 million, elevating its valuation to nearly $1.5 billion.

We all have ideas, but effectively sharing them and capturing attention is a challenge in today’s fast-paced, information-saturated environment. So, how can we communicate effectively and engage our audience?

Last year, OpenAI made headlines with a high-profile press event in San Francisco, where it unveiled a range of innovative products and tools, including the now-unpopular GPT Store. However, this year, OpenAI has opted for a more subdued approach. On Monday, the company announced a shift in its DevDay conference format from a major event to a series of regional developer engagement sessions. Additionally, OpenAI confirmed it will not introduce its next flagship model during DevDay, focusing instead on enhancing its APIs and developer services.

OpenAI has taken action against a group of ChatGPT accounts associated with an Iranian influence operation that was producing content related to the U.S. presidential election, as outlined in a recent blog post. The organization reported that this operation generated AI-driven articles and social media posts, but it appears to have had a limited reach.

It’s official: The European Union's risk-based regulation governing artificial intelligence (AI) applications will take effect on Thursday, August 1, 2024.

The excitement surrounding AI agents is palpable, yet a significant barrier remains: payment processing. While today's AI agents can independently plan your vacation, they still require a human to enter credit card details. Skyfire Systems aims to revolutionize this process.

Companies are increasingly utilizing AI services like ChatGPT to support workers in writing memos, addressing inquiries, and more. A key indication of AI's growing influence in enterprise IT is its integration into everyday applications used by organizations. Today, a startup exemplifying this trend is announcing new funding that highlights the acceleration of enterprise AI adoption.

OpenAI has developed a tool aimed at identifying students who might resort to cheating by using ChatGPT to complete their assignments. However, as reported by The Wall Street Journal, the company is currently contemplating whether to make this tool publicly available.

Thousands of articles have explored the journey of former NFL quarterback and civil rights advocate Colin Kaepernick. Few understand the struggle to reclaim one's narrative better than he does. Now, Kaepernick is launching an AI storytelling platform called Lumi, designed to empower creators to craft and control their own stories.

The year 2023 marked a significant turning point for Generative AI, propelling it from a niche interest to a fundamental component across a wide range of industries. As we move into 2024, the transformative potential of Generative AI is expected to expand even further, showcasing its versatility across fields such as healthcare, beauty, education, and travel. The technology has not only enhanced existing operational processes but has also spurred innovative applications in diverse sectors.

As AI advances, new programming languages like Mojo and Bend are emerging to address specific challenges, enhancing performance and integration with existing Python libraries. This shift signifies a new era in AI development, prioritizing efficient, hardware-optimized programming for future innovations.