Thursday, October 3, 2024

Even the ‘godmother of AI’ has no idea what AGI is

Are you confused about artificial general intelligence, or AGI? It’s that thing OpenAI is obsessed with ultimately creating in a way that “benefits all of humanity.” You may want to take them seriously since they just raised $6.6 billion to get closer to that goal. But if you’re still wondering what the heck AGI even […]

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Apple plans four new retail stores in India

Apple is planning to open four new retail stores in India and has begun manufacturing the iPhone 16 Pro models domestically, the company said as it deepens its presence in the world’s second-largest smartphone market. The U.S. tech giant aims to launch stores in Bengaluru, Pune, Delhi-NCR and Mumbai, building on its first two Indian […]

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A co-lead on Sora, OpenAI’s video generator, has left for Google

One of the co-leads on OpenAI’s video generator, Sora, has left for Google. Tim Brooks, who was heading development on Sora with William Peebles, announced in a post on X this evening that he’ll be joining Google DeepMind, Google’s AI research division, to work on video generation technologies and “world simulators.” “I had an amazing […]

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Investors are scrambling to get into ElevenLabs, which may soon be valued at $3 billion

ElevenLabs, a startup that makes AI tools for audio applications, is being approached by existing and new investors about a new round, which could value the company as highly as $3 billion, TechCrunch has learned.  The two-year-old company specializes in making AI tools to generate synthetic voices for audiobook narrations, and for real-time video dubbing […]

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OpenAI launches new ‘Canvas’ ChatGPT interface tailored to writing and coding projects

OpenAI introduced a new way to interact with ChatGPT on Thursday: an interface it calls “canvas.” The product opens a separate window, beside the normal chat window, with a workspace for writing and coding projects. Users can generate writing or code directly in the canvas, then highlight sections of the work to have the model […]

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OpenAI also secured a massive credit line

In addition to OpenAI’s new $6.6 billion megaround of funding at a post-money valuation of $157 billion, the outfit has secured a $4 billion revolving line of credit, it disclosed in a post Thursday night. The arrangement gives it “access to over $10 billion in liquidity, which gives us the flexibility to invest in new […]

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YouTube takes on TikTok with longer Shorts, templates, trends, and more

YouTube on Thursday announced a series of updates for its short-form video product, YouTube Shorts. These include the ability for creators to upload videos up to three minutes in length. The company says it’s also updating the Shorts player, introducing templates, and adding a new Shorts trends page on mobile devices. Combined, the series of […]

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Quoroom acquires Investory to scale up its capital-raising platform for startups

These days, private investors have a range of options for investing in startups without having to deal with them in real life. This ecosystem more or less started with AngelList, but there are now a plethora of options — such as Carta, Allocations, Vauban and Odin — that startups can use to raise funding and […]

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Voyage AI is building RAG tools to make AI hallucinate less

AI tends to make things up. That’s unappealing to just about anyone who uses it on a regular basis, but especially to businesses, for which fallacious results could hurt the bottom line. Half of workers responding to a recent survey from Salesforce say they worry answers from their company’s generative AI-powered systems are inaccurate. While […]

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Uber taps Yandex spinout Avride for autonomous delivery and ride-hail partnership

Uber is not done snatching up autonomous vehicle partnerships.  The ride-hail and delivery giant on Thursday announced a multi-year deal with Yandex spinout Avride to bring the company’s sidewalk delivery robots and autonomous vehicles to both Uber Eats and Uber.  It’s the latest in a series of deals from Uber over the last two months […]

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Hey, UK! Here’s how to ‘opt out’ of Meta using your Facebook and Instagram data to train its AI

After Meta recently reignited controversial plans to use the public posts of U.K. Facebook and Instagram users’ as AI training fodder, the social networking giant has taken the next step and begun to notify local users it will soon start helping itself to their information again. The bad news is the process Meta has devised […]

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ETH Zurich spinoff Voliro’s flying robots save lives, but don’t tell its CEO

We have only touched the surface of what drones can do and how ubiquitous they will become. This is also true in industry, where they have the potential to replace human labor in risky activities such as inspection at height. Swiss startup Voliro operates in this space, with flying robots that can inspect wind turbines, […]

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Spotify adds a new, automatically updating playlist for offline listening

Spotify introduced a new feature today called Offline Backup. This feature for premium users is essentially a list of songs you recently listened to and that you can consume offline. It updates automatically based on your listening history. Paid users can already download songs for offline consumption. But Spotify wants to give them more songs […]

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