Saturday, December 14, 2024

What are AI ‘world models,’ and why do they matter?

World models, also known as world simulators, are being touted by some as the next big thing in AI. AI pioneer Fei-Fei Li’s World Labs has raised $230 million to build “large world models,” and DeepMind hired one of the creators of OpenAI’s video generator, Sora, to work on “world simulators.” (Sora was released on […]

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Arlan Hamilton announces changes at Backstage Capital, will step into advisory role

Arlan Hamilton, founder of Backstage Capital, announced Friday that her role at the firm she started in 2015 will evolve.  “After 12 years of being deeply involved in the day-to-day operations, I’ve decided to transition into a chairperson and advisory position,” she wrote in a statement released online. She was previously a managing partner at […]

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Friday, December 13, 2024

X gains a faster Grok model and a new ‘Grok button’

XAI, Elon Musk’s AI company, may be embroiled in an escalating lawsuit with OpenAI. But that’s not stopping it from shipping new products — on a Friday night, no less. This evening, xAI revealed that it has begun to roll out an upgraded version of its flagship Grok 2 chatbot model to all users on […]

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OpenAI co-founder Ilya Sutskever believes superintelligent AI will be ‘unpredictable’

OpenAI co-founder Ilya Sutskever spoke on a range of topics at NeurIPS, the annual AI conference, before accepting an award for his contributions to the field. Sutskever gave his predictions for “superintelligent” AI, AI more capable than humans at many tasks, which he believes will be achieved at some point. Superintelligent AI will be “different, […]

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OpenAI whistleblower found dead in San Francisco apartment

A former OpenAI employee, Suchir Balaji, was recently found dead in his San Francisco apartment, according to the San Francisco Office of the Chief Medical Examiner. In October, the 26-year-old AI researcher raised concerns about OpenAI breaking copyright law when he was interviewed by The New York Times. “The Office of the Chief Medical Examiner […]

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Kalshi CEO admits enlisting influencers to dis Polymarket in a now-deleted podcast segment

Kalshi’s CEO, Tarek Mansour, confirmed on a podcast interview that his employees did ask social media influencers to promote memes about the FBI’s raid on the home of his arch rival, the CEO of Polymarket.  Both of these companies offer competing events-betting markets, a new kind of betting industry where people wager about the outcomes […]

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EVgo secures $1.25 billion loan amid Biden’s rush to approve clean energy loans

Electric vehicle charging startup EVgo is the latest company to secure funds from the U.S. Department of Energy as the Biden administration races to approve clean energy loans before Donald Trump takes over.  Trump has promised to cancel any unspent funds from Biden’s bipartisan Inflation Reduction Act, including the $7,500 tax credit for new EV […]

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The federal crash-reporting rule Tesla opposes could be on the chopping block

The Trump transition team wants to end a federal rule requiring automakers to report crashes when advanced driver-assistance or autonomous driving technology is engaged, Reuters reports. Federal safety agencies would lose the ability to investigate and regulate the safety of vehicles with automated-driving systems should the rule — which went into effect in 2021 — […]

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Sam Altman and Jeff Bezos are the latest billionaires to donate $1M to Trump fund

OpenAI CEO Sam Altman and Jeff Bezos’ Amazon plan to donate $1 million each to President-elect Donald Trump’s inaugural fund, according to reports from Fox and the Wall Street Journal.  TechCrunch has confirmed Altman’s plans to personally commit the money, which is not coming directly from OpenAI.    The donations from the billionaires follow plans by […]

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Liquid AI just raised $250M to develop a more efficient type of AI model

Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg, the round values Liquid AI at over $2 billion. Liquid AI aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. Liquid […]

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New Syndicate One fund joins Belgium’s small-but-punchy tech ecosystem

Syndicate One is a debut investment firm out of Belgium that has raised a €6.5 million fund to back Belgian founders and startups. While the amount is small, the significance is that it is the first Belgian fund to have the support of all four of the federal regions of the country. This, in a […]

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Texas AG is investigating Character.AI, other platforms over child safety concerns

Texas Attorney General Ken Paxton on Thursday launched an investigation into Character.AI and 14 other technology platforms over child privacy and safety concerns. The investigation will assess whether Character.AI — and other platforms that are popular with young people, including Reddit, Instagram and Discord — conform to Texas’ child privacy and safety laws. The investigation […]

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As AI-fueled disinformation explodes, here comes the startup counterattack

With disinformation on the rise, especially given the explosion of AI, companies are just as vulnerable to its effects as individuals. Refute is a London-based startup that detects and responds to disinformation on behalf of these commercial entities. It’s now raised a £2.3 million ($2.9 million) pre-seed round led by UK investors Playfair and Episode 1. […]

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