Category: Artificial Intelligence
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OpenAI Co-Founder Ilya Sutskever Launches Startup to Tackle Safe Superintelligence
Ilya Sutskever, co-founder of OpenAI, has embarked on a new venture after stepping down as the company’s chief scientist in May. Alongside his former OpenAI colleague Daniel Levy and Daniel Gross, formerly of Apple and Cue, Sutskever announced the formation of Safe Superintelligence Inc. (SSI). Their mission? To build safe superintelligence—an AI system with intellectual capabilities
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Ayna gets $1.5 million funding from Inflexor Ventures
Generative AI startup empowers enterprise brands to create pixel-perfect, on-brand photoshoots at scale for leading brands like Clovia, WomanLikeU, and Wakefit Ayna, a Bengaluru-based startup at the forefront of AI-powered product photography, announced USD 1.5 million in seed funding led by Inflexor Ventures. Ayna’s platform leverages proprietary Compound Foundational Models (CFMs) and pioneering work in diffusion models to give brands unprecedented
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NVIDIA’s NemoTron-4 340B: Redefining Synthetic Data Generation and Rivaling GPT-4
NVIDIA has unveiled NemoTron-4 340B, a powerful AI model poised to transform the field of synthetic data generation and set new benchmarks in artificial intelligence. With a staggering 340 billion parameters, NemoTron-4 is not only NVIDIA’s most powerful model to date but also a formidable rival to OpenAI’s GPT-4. Synthetic data generation has become a
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AWS to invest $230 million in Generative AI startups
Amazon Web Services, Inc. (AWS) has announced to invest a $230 million in startups worldwide to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) technologies. Part of the new commitment will
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Elon Musk Threatens to Ban Apple Devices Over ChatGPT Integrations
In a bold move, Elon Musk has threatened to ban Apple devices from all his companies due to Apple’s recent integrations with ChatGPT. This confrontation marks the latest development in the ongoing tension between two of the tech industry’s most influential figures. During a recent company-wide meeting, Musk expressed his dissatisfaction with Apple’s decision to
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Key Updates from Apple Keynote at WWDC 2024
Each year, Apple kicks off its Worldwide Developers Conference (WWDC) with a few hours of major announcements. This year’s highlights included the long-awaited Apple Intelligence and a significant update to Siri, showcasing Apple’s commitment to advancing artificial intelligence. As anticipated, many announcements centered around AI, and Apple delivered on these expectations. In addition to AI
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Cloudera acquires Verta’s Operational AI Platform
Cloudera has deepened its AI expertise with its acquisition of Verta’s Operational AI Platform. The Verta team will join Cloudera’s machine learning group, reporting to Chief Product Officer, Dipto Chakravarty. With the addition of Verta, Cloudera has further solidified its position in this competitive landscape, acquiring world-renowned talent and technology in AI and ML. The
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Retailers turn to GenAI to boost online sales: Forrester
Forrester has released a new forecast indicating that global online retail sales are set to rise dramatically, from $4.4 trillion in 2023 to $6.8 trillion by 2028, growing at a compound annual growth rate (CAGR) of 8.9%. As e-commerce continues its rapid expansion, retailers are increasingly investing in generative AI ( GenAI ) technologies to
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AI Fintech LoanSnap Faces Legal Troubles and Eviction Amidst $100M Funding Round
LoanSnap, an AI-powered fintech company renowned for its mortgage lending solutions, is currently navigating a tumultuous period marked by legal challenges, fines, and eviction, all while securing a significant $100 million in funding. The San Francisco-based startup, which utilizes artificial intelligence to streamline the mortgage application process, has been hit with a lawsuit alleging various
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Nvidia Unveils “Rubin” Next-Gen AI Chip Platform for 2026 Rollout
In a significant development, Nvidia has announced its next-generation artificial intelligence (AI) chip platform, codenamed “Rubin.” The unveiling took place ahead of the COMPUTEX tech conference in Taipei, where Nvidia CEO Jensen Huang shared insights into the company’s latest innovation. The Rubin AI Chip: A Leap Forward Looking Ahead The Rubin AI chip platform is set to redefine AI capabilities, enabling breakthroughs across
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