Saturday, December 7, 2024

Elon Musk’s X gains a new image generator, Aurora

X, the Elon Musk-owned social network previously known as Twitter, has added a new image generator to its Grok assistant. Just like the first image generator X added to Grok in October, this one, called Aurora, appears to have few restrictions. Accessible through the Grok tab on X’s mobile apps and the web, Aurora can […]

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Friday, December 6, 2024

Paytm sells PayPay stake to SoftBank for $279.2 million

Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier this year. The sale of Paytm’s stake in PayPay, which it received through acquisition rights six years ago, follows months of restructuring at the Indian […]

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Silicon Valley hitters take over Trump transition team: “a dozen Musk allies”

About a “dozen Musk allies” have put a pin in their daily routines to serve as unofficial advisers to the Trump transition effort, says the New York Times.  Among them, reports the outlet: Jared Birchall, the head of Elon Musk’s family office, has interviewed a few candidates for jobs at the State Department; Marc Andreessen […]

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Will people really pay $200 a month for OpenAI’s new chatbot?

On Thursday, OpenAI released what’s effectively a $200-a-month chatbot — and the AI community didn’t know quite what to make of it. The company’s new ChatGPT Pro plan grants access to “o1 pro mode,” which OpenAI says “uses more compute for the best answers to the hardest questions.” A souped-up version of OpenAI’s o1 reasoning […]

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Meta unveils a new, more efficient Llama model

Meta has announced the newest addition to its Llama family of generative AI models: Llama 3.3 70B. In a post on X, Ahmad Al-Dahle, VP of generative AI at Meta, said that the text-only Llama 3.3 70B delivers the performance of Meta’s largest Llama model, Llama 3.1 405B, at lower cost. “By leveraging the latest […]

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OpenAI 2024 event: How to watch new ChatGPT product reveals and demos

OpenAI is in the holiday spirit, it seems. The ChatGPT creator announced “12 Days of OpenAI,” a series of reveals that will be livestreamed at 10 a.m. PT for the next 12 weekdays. Day one of the event saw the launch of ChatGPT Pro, OpenAI’s $200 per month subscription plan, and the full version of […]

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Elon Musk donated more than $260 million to elect Donald Trump

Fresh campaign financing data shows that Elon Musk poured more than $260 million into political groups in 2024 that helped Donald Trump win the presidential election and, consequently, secured a position for himself as the co-head of government efficiency, according to the Federal Election Commission. The New York Times reported that Musk and the entities he […]

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OpenAI considers ditching provision that would prevent AGI from being used for commercial gain

According to the Financial Times, OpenAI is considering ditching a provision that would shut Microsoft, a major partner and investor, out of its most advanced technology when OpenAI achieves artificial general intelligence (AGI). Exactly when OpenAI creates AGI, which the startup defines as “highly autonomous systems that outperform humans at most economically valuable work,” is […]

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Fly Ventures sets its eyes on technical founders with a fresh €80M fund

Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has launched its third fund at €80 million. The firm raised its last €53 million fund in 2020. Aiming at technical founders, the firm claims Fund III was oversubscribed and raised in a single closing. Meanwhile, the small increase […]

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