Latest AI News
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Elon Musk’s xAI nears funding at $18 billion value soon as this week | Mint
Elon Musk's AI startup X.AI Corp. is reportedly closing a funding round at a valuation of around $18 billion, with potential investors being drawn to Musk's success with Tesla and SpaceX. The company, which competes with OpenAI and produces AI chatbot assistant Grok, is expected to raise $6 billion in the round.
May 09, 2024 - livemint.com
Arm's annual guidance fails to impress, stoking fears that some AI stocks may be overpriced - SiliconANGLE
Arm Holdings Plc's annual guidance disappointed investors, leading to a drop in its shares and raising concerns about the overpricing of some AI stocks. Despite surpassing Wall Street's estimates for the quarter, the company's conservative outlook for the financial year has sparked worries about the pace of AI computing growth.
May 09, 2024 - siliconangle.com
Stack Overflow bans users en masse for rebelling against OpenAI partnership — users banned for deleting answers to…
Stack Overflow faces backlash from its users for partnering with OpenAI to use the site's forum posts to train ChatGPT, with many users editing or removing their posts to avoid their content being used. Users argue for their "right to forget" under GDPR, while Stack Overflow's Terms of Service claim irrevocable ownership of all content provided to the site.
May 08, 2024 - tomshardware.com
Stack Overflow Upset Over Users Deleting Answers After OpenAI Partnership | Build5Nines | Cloud, DevOps & SRE Guidance
Stack Overflow's recent partnership with OpenAI has sparked backlash from users, with some attempting to delete or deface their content in protest. The collaboration aims to integrate Stack Overflow's vast knowledge platform with OpenAI's advanced AI models, but has led to some users receiving temporary bans for trying to remove their posts.
May 08, 2024 - build5nines.com
I'm puzzled how anyone trusts ChatGPT for code
Users discuss their experiences with ChatGPT for coding, highlighting its usefulness for brainstorming, generating template code, and providing syntax help, but cautioning against blindly trusting its output without validation and testing.
May 08, 2024 - news.ycombinator.com
Consistency Large Language Models: A Family of Efficient Parallel Decoders
The blog post introduces Consistency Large Language Models (CLLMs), a new family of parallel decoders that can reduce inference latency by decoding an n-token sequence per inference step. The research shows that CLLMs can improve generation speed by 2.4 to 3.4 times, comparable or better than other fast inference techniques, without requiring additional memory cost.
May 08, 2024 - hao-ai-lab.github.io
OpenAI offers a peek behind the curtain of its AI's secret instructions | TechCrunch
OpenAI provides a glimpse into the reasoning behind the rules of engagement for its conversational AI models, including why they may refuse certain requests. The company's "model spec" includes high-level rules, objectives, and behavior guidelines that govern models like ChatGPT, highlighting the challenges and complexities in defining and enforcing these rules.
May 08, 2024 - techcrunch.com
OpenAI posts Model Spec revealing how it wants AI to behave
OpenAI has released a working document called "Model Spec" to guide the behavior of its AI models, and is seeking public feedback on it. The document, which will evolve based on ongoing research and community feedback, is part of OpenAI's mission to ensure AI technologies operate in ways that are beneficial and safe for all users.
May 08, 2024 - venturebeat.com
Atlan scores $105M to address enterprise ‘data chaos’ with a unified control plane
San Francisco-based startup Atlan has raised $105 million in a series C funding round, taking its valuation to over $750 million. The company plans to use the funds to further develop its product, which helps enterprises organize their data, and to expand its operations to meet growing demand.
May 08, 2024 - venturebeat.com
CapUp | Easily Make Your Video Go Viral
"CapUp is an AI-powered tool that helps users create viral shorts for platforms like TikTok, Instagram, and YouTube, with features like AI captions, influencer-style templates, auto zoom, sound and visual effects, and custom video covers. It supports multiple languages and allows users to edit captions, upload their own images as video covers, and export up to 10 videos every month for free."
May 08, 2024 - gemoo.com
Professional Ghostwriting, Editing and Illustration Services in UK
Craft2Publish is a creative community specializing in book illustration, cover design, and book marketing services, including social media marketing and animation video making. They offer a flexible approach to cater to authors' unique visions, with a special focus on children's book illustrations and creating engaging trailer clips for books.
May 08, 2024 - craft2publish.com
Can AI help founders fundraise more quickly and easily? | TechCrunch
Intently, a startup, is launching a new service called Founder AI to help founders identify potential investors from their existing network. The service uses AI and vector search to sort through personal data and recommend paths to investor introductions, with plans to expand into areas like business development in the future.
May 08, 2024 - techcrunch.com
Ringly.io - Automated AI phone agent for e-commerce
Ringly.io offers a human-like AI phone agent for customer service, capable of speaking to thousands of customers simultaneously, answering questions, and informing about order status. The service includes personalization options, call transfer capabilities, and extensive analytics, with pricing plans suitable for small to large e-commerce businesses.
May 08, 2024 - producthunt.com
Controversial drone company Xtend leans into defense with new $40 million round | TechCrunch
Xtend, a startup co-founded by Aviv and Matteo Shapira, has raised $40 million in a funding round led by Chartered Group for its platform that allows operators to manage drones and robots. The company, which has contracts with the Israel Defense Forces and the U.S. Department of Defense, plans to use the funding to expand its workforce and shift to a platform-as-a-service and software-as-a-service sales model.
May 08, 2024 - techcrunch.com
Model Spec (2024/05/08)
The article discusses the first draft of the Model Spec, a document that outlines the desired behavior for OpenAI's models, including core objectives and guidelines for handling conflicting objectives. It also details the principles of objectives, rules, and defaults used to specify model behavior, and provides definitions for terms used in the document.
May 08, 2024 - cdn.openai.com
Meet AdVon, the AI-Powered Content Monster Infecting the Media Industry
The article investigates AdVon Commerce, a company that allegedly uses AI to generate low-quality product reviews, which are then published under fake bylines in prominent publications. The company is also accused of exploiting its writers, blurring the line between journalism and advertising, and engaging in "site reputation abuse".
May 08, 2024 - futurism.com
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May 08, 2024 - news.bensbites.com
Ultimate Resource Hub for Your SaaS
"Explore hand-picked resources designed for developers looking for alternative providers or new project ideas for micro SaaS products. The emphasis is on taking action and experimenting, despite the challenges of making money from micro SaaS products."
May 08, 2024 - news.bensbites.com
Rule of Thumb: Anything that looks fancy is not worth you time
The author criticizes the current state of internet content, highlighting the overuse of buzzwords, SEO optimization, and psychological tricks in advertising. They advocate for quality, straightforward content and suggest using "before:2023" in Google searches to find better results.
May 08, 2024 - news.ycombinator.com
From Factories to the Fast Lane, Unpacking Autonomy’s Potential
Wayve, a London-based software startup focused on self-driving cars, has raised $1.05 billion in a Series C round, signaling a shift in focus from electric vehicles to autonomous ones. However, challenges remain in the autonomous mobility sector, with regulatory, safety, and standardization hurdles, as well as infrastructure readiness.
May 08, 2024 - pymnts.com
TikTok battling US ban in court
TikTok and its parent company ByteDance are suing the US government in a battle that pits free speech against national security, following a law that bans TikTok in the US unless it is sold. The lawsuit could have far-reaching implications for tech regulation, US-China relations, and the future of the creator economy.
May 08, 2024 - businessinsider.com
Launch HN: Baselit (YC W23) – Automatically Reduce Snowflake Costs
Baselit is a tool that automates Snowflake warehouse optimization, reducing data processing costs by minimizing the compute needed. It offers features like automated agents, an autoscaler for custom scaling policies, and a dbt optimization feature, among others.
May 08, 2024 - news.ycombinator.com
OpenAI’s flawed plan to flag deepfakes ahead of 2024 elections
OpenAI has developed an AI image detection classifier that can identify about 98% of AI outputs from its image generator, DALL-E 3, and is working on integrating tamper-resistant metadata into its tools to increase content authenticity. Despite these efforts, experts fear that social media platforms may not be ready to handle AI chaos during the 2024 global elections, and OpenAI is joining the Coalition for Content Provenance and Authenticity (C2PA) steering committee to drive broader adoption of the standard.
May 08, 2024 - arstechnica.com
Microsoft is ‘turning everyone into a prompt engineer’ with new Copilot AI features
Microsoft is enhancing its Copilot for Microsoft 365 service with new features that auto-complete and elaborate prompts, aiming to turn users into prompt engineers. The company is also introducing a "Catch Up" chat interface and a platform for creating and managing prompts, alongside revealing that 75% of people are already using AI at work.
May 08, 2024 - theverge.com
Bye-bye bots: Altera's game-playing AI agents get backing from Eric Schmidt | TechCrunch
Altera, a startup developing AI-based players for gaming, has raised $9 million in a seed funding round to expand its team and product development. The company's first product is an AI agent that can play Minecraft, with plans to expand to other games and digital experiences.
May 08, 2024 - techcrunch.com
$450M for Noname, two billion-dollar rounds, and good news for crypto startups | TechCrunch
Venture capital activity is increasing in the crypto sector, with firms like Akamai and Wiz making significant investments and acquisitions. The article also discusses Monzo's fundraising efforts, TikTok's potential ban in the U.S., and a new segment on Equity's podcast.
May 08, 2024 - techcrunch.com
Google Deepmind debuts huge AlphaFold update and free proteomics-as-a-service web app | TechCrunch
Google Deepmind has unveiled AlphaFold 3, an improved version of its machine learning model that predicts protein structures and interactions with other biomolecules. The company is also offering a limited version of the model for free online use through AlphaFold Server, a fully hosted web application.
May 08, 2024 - techcrunch.com
OpenAI Is Readying an AI Search Product to Rival Google, Perplexity
OpenAI is reportedly working on a new feature for ChatGPT that allows it to search the web, cite sources, and potentially compete with Google and AI search startup Perplexity. The feature could provide users with detailed answers from the web, including images and citations from sources like Wikipedia and blog posts.
May 08, 2024 - news.bensbites.com
Reddit (RDDT) Stock Rises After First Earnings Report Tops Estimates
Reddit Inc.'s shares surged by up to 16% in premarket trading following enhancements to its advertising system, which boosted quarterly sales beyond expectations in its initial public offering. The social media company reported a 48% revenue increase to $243 million for the quarter ending March 31, surpassing the average analyst estimate of $211.9 million.
May 08, 2024 - bloomberg.com
Altera raises $9M to develop AI for digital humans
Altera, a Los Angeles-based company, has raised $9 million to develop AI technology for creating digital humans that behave believably. The company, which has a total funding of $11.1 million since its inception in December 2023, has already created a bot for Minecraft that mimics the experience of interacting with a human friend.
May 08, 2024 - venturebeat.com
GitHub - containers/podman-desktop-extension-ai-lab
Podman AI Lab is an open-source extension for Podman Desktop that allows users to work with Large Language Models (LLMs) in a local environment. It features a recipe catalog for common AI use cases, a set of open-source models, and a playground for learning and experimentation, all while ensuring data privacy and security.
May 08, 2024 - github.com
Exclusive: RunPod secures $20M from Dell and Intel as demand soars for AI clouds
RunPod, a startup offering a GPU cloud platform for AI development and deployment, has raised $20 million in seed funding from Dell Technologies Capital and Intel Capital. The company, which has grown its user base to over 100,000 developers, aims to tackle the challenges of developing and deploying AI applications quickly and at scale.
May 08, 2024 - venturebeat.com
Atlan Raises $105 Million in Funding
Atlan, an artificial intelligence startup, has secured $105 million in a funding round led by Singapore’s sovereign wealth fund GIC and Meritech Capital, valuing the company at $750 million. The company, which was named a Gartner 2020 Cool Vendor in DataOps, aims to advance its data collaboration platform with the new funding.
May 08, 2024 - techbullion.com
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May 08, 2024 - news.bensbites.com
Abstra | Scale business processes with Python + AI
The text repeatedly announces that they are now live on Product Hunt and seeks support from the readers.
May 08, 2024 - producthunt.com
Checkfirst raises $1.5M pre-seed, applying AI to remote inspections and audits | TechCrunch
Ben Lambert founded Checkfirst, an AI-powered workflow tools startup that allows for remote inspections and scheduling of inspectors based on location and qualifications. The company has raised a pre-seed $1.5 million led by Lisbon-based venture firm, Olisipo Way, and Hiero VC.
May 08, 2024 - techcrunch.com
Controversial drone company Xtend leans into defense with new $40M round | TechCrunch
Brothers Aviv and Matteo Shapira, co-founders of Xtend, have raised $40 million in funding for their platform that allows operators to manage drones and robots. The company, which has contracts with the Israel Defense Forces and the U.S. Department of Defense, plans to expand its workforce by 50% across the U.S., Israel, and Singapore by the end of the year.
May 08, 2024 - news.bensbites.com
Apple Unveils AI-Focused iPad Pro, Bigger iPad Air at Launch Event
Apple Inc. has launched a new AI-focused iPad Pro and a larger iPad Air to rejuvenate its tablet lineup. The new iPad Pro features a thinner design, Ultra Retina XDR screen with OLED technology, and a faster M4 chip for AI tasks, while the new iPad Air has a larger screen and the M2 processor.
May 08, 2024 - bloomberg.com
Saudi Arabia AI and Chips Fund Would Divest From China If US Asked, CEO Says
Saudi Arabia's new investment fund for semiconductor and artificial intelligence technology could divest from China if asked by the US, according to Amit Midha, CEO of Alat. Alat is an investment firm backed by $100 billion in capital from the Public Investment Fund.
May 08, 2024 - news.bensbites.com
Israeli startup Panax raises a $10M Series A for its AI-driven cash flow management platform | TechCrunch
Israeli startup Panax has raised $10 million in a Series A funding round to enhance its cash flow management solutions for midsize and large companies. The firm aims to use AI to provide insights and forecasts, helping businesses optimize their treasury management.
May 08, 2024 - techcrunch.com
SocialBu - Social Media Management and Automation
SocialBu is a comprehensive tool for managing social media, offering features like post scheduling, content creation, message response, social listening, analysis, automation, and team collaboration. It also provides an AI assistant for writing needs and is designed to cater to Social Media Managers, Startups, SMEs, Freelancers, and Agencies.
May 08, 2024 - news.bensbites.com
Deal-Making Involving VC-Backed Startups Picks Up Slightly, But Still Slow
Despite a slow 2023, venture capital and M&A sectors are predicting a return to more robust deal-making in 2024, with a slight uptick in the first quarter. However, high valuations, regulatory complications, and market sluggishness pose challenges, while cash-rich buyers and an active IPO market could boost M&A activity.
May 08, 2024 - news.crunchbase.com