Tuesday, December 17, 2024

Salesforce plans to hire 2,000 people to sell its AI products

Cloud software giant Salesforce looks to hire thousands of new sales people to sell its AI tools to customers. The company plans to hire 2,000 new sales representatives, according to CNBC, which cited remarks from CEO Marc Benioff at a company event Tuesday. This doubles the hiring plans that Benioff told Bloomberg last month. Benioff […]

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OpenAI brings its o1 reasoning model to its API — for certain developers

OpenAI is bringing o1, its “reasoning” AI model, to its API — but only for certain developers to start. Starting today, o1 will begin rolling out to devs in OpenAI’s “tier 5” usage category, the company said. To qualify for tier 5, developers have to spend at least $1,000 with OpenAI and have an account […]

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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 series of reveals, called “12 Days of OpenAI,” will be streamed live at 10 a.m. PT each weekday through December 23. So far, we’ve seen the launch of ChatGPT Pro, OpenAI’s $200 per month subscription plan; the full version of its “reasoning” o1 model; the […]

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Google joins $90M investment into Cassava to bolster Africa’s digital infrastructure

With cloud spend continuing to surge, tech companies are scrambling to meet demand for the necessary infrastructure, with the growing need for AI compute only adding fuel to the fire. By way of example, Microsoft and BlackRock have created a $30 billion fund to support new data centers and energy infrastructure for the burgeoning AI […]

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UK consults on opt-out model for training AIs on copyrighted content

The U.K. government is consulting on an opt-out copyright regime for AI training that would require rights holders to take active steps if they don’t want their intellectual property to become free AI training fodder. The rise of generative AI models that are trained on vast quantities of data has brought intellectual property concerns to […]

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Google says customers can use its AI in ‘high-risk’ domains, so long as there’s human supervision

Google has changed its terms to clarify that customers can deploy its generative AI tools to make “automated decisions” in “high-risk” domains, like healthcare, so long as there’s a human in the loop. According to the company’s updated Generative AI Prohibited Use Policy, published on Tuesday, customers may use Google’s generative AI to make “automated […]

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Code Assist, Google’s enterprise-focused coding assistant, gets third-party tools

Google on Tuesday announced support for third-party tools in Gemini Code Assist, its enterprise-focused AI code completion service. Code Assist launched in April as a rebrand of a similar service Google offered under its now-defunct Duet AI branding. Available through plug-ins for popular dev environments like VS Code and JetBrains, Code Assist is powered by Google’s Gemini […]

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Agave, the startup behind Find the Cat, finds $18M

A startup out of Turkey that has built a hit casual mobile game where you have to find cats in Where’s Wally-style drawings of increasing complexity has found something else: $18 million in funding. Agave Games, the creator of Find the Cat, will be using the Series A to build out the team and to […]

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Alphabet-backed Indian lender files for IPO

Alphabet’s CapitalG-backed Aye Finance, a lender focused on India’s micro, small, and medium enterprises, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors, with proceeds aimed at expanding the […]

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Monday, December 16, 2024

Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas […]

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Nubank leads $250M round in African digital bank Tyme at $1.5B valuation

Tyme Group, a South African-born fintech operating in the African country and the Philippines, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings (which owns NuBank), Latin America’s most valuable fintech, which invested $150 million for a 10% stake. M&G Catalyst Fund […]

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Mark Zuckerberg says Threads now has 100M daily active users

Meta’s X rival Threads is growing steadily with more than 100 million people using the service daily, the company’s CEO Mark Zuckerberg said Monday. Zuckerberg also noted that Threads now has 300 million monthly active users, up from 275 million monthly active users in November. While Meta has regularly released updated numbers about monthly active […]

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Waymo robotaxis are coming to Tokyo in 2025

Waymo will begin testing its autonomous vehicle technology in Tokyo in early 2025, the first time the Alphabet company’s robotaxis have driven on public roads outside the U.S. The move to Japan is part of Waymo’s so-called “road trips,” a development program that involves bringing and testing its technology in a variety of cities — […]

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