Microsoft and Intel have struck a custom chip deal potentially worth billions, and Roblox's stock has risen 26% after a successful fourth-quarter earnings report. Forbes has launched a presence in Sandbox, a metaverse company, despite its questionable traffic numbers. Digs is bringing AI to the home construction industry, and magician Marco Tempest is using AI to tell the story of the first programmer, Ada Lovelace. The Dor Brothers are using AI in animated films, and a VR version of Stranger Things has received mixed reviews.
Key takeaways:
- Google has paused the image generation capability of its Gemini AI due to issues with following directions and confusing racial guardrails.
- Nvidia has exceeded expectations due to the rising tide of AI, of which it is currently the chief beneficiary.
- AI firm Lambda has raised $320M in a funding round led by US Innovative Technology, a company owned by billionaire Thomas Tull. The funds will be used to expand Lambda's AI cloud business.
- Flower Labs has raised $20M in a funding round led by Felicis Ventures. The company's technology simplifies the use of an AI training method called "federated learning".