AI Edition - It's AI Time - 176 [08-10-2024]

AI Edition - It's AI Time - 176

Kobold Materials raises $491m

Kobold Materials, a mining startup that uses AI to identify and extract metals, has raised a substantial new round of funding.

OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity

OpenAI has secured over $10 billion in liquidity, reaching a $157 billion valuation after its latest funding round. The company raised $6.6 billion from major investors, including Microsoft and Nvidia, but faces high operational costs, primarily due to the need for more GPUs to support LLM training. OpenAI is exploring restructuring options to optimize financial growth and sustainability in the AI ecosystem.

Google brings ads to AI Overviews as it expands AI's role in search

Google will show ads in its AI Overviews to counter alternatives like ChatGPT while enhancing user engagement. Despite generating controversies over misinformation, AI Overviews have boosted search engagement, especially in younger demographics. Google is also rolling out AI-organized search results in the U.S. to diversify content presentation without including ads.

Comments

Post a Comment

Popular posts from this blog

AI Edition - It's AI Time - 231 [02-12-2024]

AI Edition - It's AI Time - 231   Elon Musk Seeks to Block OpenAI's For-Profit Conversion Again: Elon Musk's legal team has filed a motion to prevent OpenAI from transitioning to a for-profit model citing alleged antitrust violations and financial risks. The motion claims CEO Sam Altman's actions could leave the company unable to pay damages if Musk wins his lawsuit. Perplexity mulls getting into hardware: Perplexity's CEO plans to develop a "simple, under $50" AI device for voice-to-voice interactions. This aligns with a broader trend of AI startups exploring hardware to enable new interactions, although historical challenges in AI hardware highlight risks. Perplexity, with substantial funding, aims to avoid pitfalls faced by others like Humane's Ai Pin. Inflection AI CEO says it's done trying to make next-generation AI models: Inflection AI shifted its focus from developing cutting-edge AI models to providing AI tools for enterprise customers,...
Read more

AI Edition - It's AI Time - 16 [30-04-2024]

  OpenAI Introduces “Memory” Feature For ChatGPT Plus Users OpenAI has launched a new "Memory" feature for ChatGPT Plus users, allowing the AI to retain information across conversations, which can be managed via settings. Binding Public Sector AI Diffusion The OMB's new AI executive order policy aimed at the public sector could severely impede AI innovation due to stringent safety provisions and bureaucratic hurdles. Implemented amidst shrinking IT budgets, the regulations may not only slow AI deployment but also potentially halt projects crucial for modernizing government services. Critics worry that these constraints, coupled with funding cuts, could prevent agencies from keeping pace with technological advances in fields like healthcare. Bizarre AI Camera Turns Images Into Sonnets and Haiku Poetry Camera is an open-source passion project that generates poetic descriptions of scenes based on visual input received via its lens. Equipped with a Raspberry Pi device to capt...
Read more

AI Edition - It's AI Time - 140 [02-09-2024]

AI Edition - It's AI Time - 140 Workers at Google DeepMind Push Company to Drop Military Contracts Nearly 200 Google DeepMind employees signed a letter urging Google to terminate military contracts, claiming a violation of the company's own AI ethics principles. DeepMind technology has been bundled into Google Cloud and sold to militaries, sparking internal conflict with AI staff who value ethical standards. Google's response demonstrated an adherence to AI Principles, but workers remain unsatisfied, seeking stronger governance against military use of their AI. Apple's robotics work aims to solve user's first-world problems Apple may be expanding into robotics, potentially introducing devices that move, such as an iPad mounted on a robotic arm. Headed by VP of Technology Kevin Lynch, Apple's robotics efforts are progressing with the help of experts from firms like Israel's Technion, and propose to include AI interfaces beyond Siri. While still conceptual, Ap...
Read more