AI News

Poolside Secures $500 Million in Series B Funding for AI Software Development Platform

At the annual Snap Partner Summit held on Tuesday, Snapchat unveiled a suite of innovative AI features designed to enhance user engagement. A standout announcement was the update to the My AI chatbot, which now functions more like Google Lens, enabling it to handle more intricate Snaps.

A tech company that aims to transform emergency call systems has successfully secured $27 million in a Series B funding round, led by Andreessen Horowitz.

On Thursday, Google announced that it is testing a new generative AI-powered video search feature in India. This innovative function allows users to record a video using Google Lens and then pose questions about its content to the company's Gemini AI model.

Kian Katanforoosh benefits from the exceptional mentorship of Andrew Ng, a distinguished AI researcher and his former advisor at Stanford. Together, they pioneered the deep learning program at Stanford, and Ng currently serves as chairman of Katanforoosh’s startup, Workera. While Ng has significantly influenced Katanforoosh's career, the Workera CEO is now exploring how to define effective mentorship and automate it through an innovative AI agent named Sage.

Google has announced a partnership with nuclear startup Kairos Power to construct seven small modular reactors (SMRs), aimed at generating electricity for its data centers. This initiative is expected to provide approximately 500 megawatts of carbon-free power, addressing the increasing energy demands of data centers and artificial intelligence technologies.

It was reasonable to anticipate that Apple would approach AI in the same way it has with many features and apps in the past: by observing, taking notes, and ultimately redefining the landscape. Although the company has softened some of the more controversial aspects of AI technology, it appears to have encountered the same roadblock as its competitors: Apple Intelligence, like other AI systems, ultimately lacks significant functionality.

Meta has announced the resumption of its efforts to train AI systems using publicly available posts from its U.K. user base on Facebook and Instagram. The company claims to have implemented feedback from regulators, introducing a revised "opt-out" approach aimed at enhancing transparency regarding its data practices. This initiative is framed as a means for its generative AI models to better represent British culture, history, and language. However, the specific changes in this latest data collection effort remain unclear.

The U.K. antitrust authority has determined that Amazon’s partnership and equity investment in AI startup Anthropic cannot be investigated under current merger regulations due to the deal’s size and scope.

Bharti Airtel Introduces Free AI-Powered Spam Detection System to Combat Unwanted Calls in India

The Rabbit r1 was the must-have gadget of early 2024, but its initial appeal quickly faded as the company's ambitious promises went unfulfilled. CEO Jesse Lyu acknowledges that "on day one, we set our expectations too high," but he assures users that an upcoming update will finally unlock the much-anticipated Large Action Model (LAM) for web accessibility.

Amazon has introduced an AI-powered video generator, currently available only for advertisers, that showcases products in a new way. At its Accelerate conference today, Amazon unveiled the Video Generator, which transforms a single product image into engaging video presentations after processing. The tool can create “custom,” AI-generated videos that effectively highlight a product's features at no extra charge.

Microsoft's Copilot, a suite of AI-powered chatbots and assistants, is set to debut several exciting upgrades in conjunction with an eye-catching Super Bowl LVIII advertising campaign. In a recent blog post, Yusuf Mehdi, Microsoft's Chief Marketing Officer, detailed the forthcoming enhancements.

OpenAI continues to innovate despite financial challenges, launching the **GPT-4o Long Output**, which allows up to **64,000 output tokens**, a **16-fold increase**. The model addresses customer requests for longer contexts, beneficial for detailed tasks. Pricing is higher than previous models, and access is currently limited for alpha testing. Future expansion may depend on feedback.

The AI industry has seen a 50% traffic increase, reaching 150-160 million daily visits. OpenAI leads with 60% of this traffic. There's a shift from consumer to B2B applications, particularly in AI search, music, and video. Market stabilization suggests 14 million monthly visits as a key threshold for sustainability.