AI - page 47

News

Sound Ventures Invests Half Its $240 Million AI Fund Into Three Companies

The Beverly Hills, California-based venture capital firm Sound Ventures, led by general partners Ashton Kutcher, Guy Osiri, and Effie Epstein, announced the creation of a new $240 million artificial intelligence fund last week, already half of this money has been invested in three companies: OpenAI, Anthropic, and Stability.AI.

Science & Technology

Wendy’s Taps Google Cloud to Trial AI Chatbot Drive-Thru Operator

Wendy’s FreshAI chatbot tool has the potential to transform Wendy’s drive-thru food ordering experience with Google Cloud’s generative AI and large language models (LLMs) technology

Science & Technology

IBM Intros Slew of New AI Services

At its annual Think conference, IBM announced a new Watsonx platform that provides tools for creating artificial intelligence models and access to pre-trained AI variations capable of generating computer code, text, and much more.

Science & Technology

Spotify Takes Down AI-Generated Music

Tens of thousands of songs created with the help of the AI music startup Boomy have been removed from the music streaming platform Spotify

News

Apple CEO Urges Caution As AI Stays in Spotlight

The Seeking Alpha report testified that artificial intelligence technologies continue to attract the attention of Wall Street, and Apple’s chief executive officer and the head of the Federal Trade Commission expressed concern about the active introduction of AI.

News

Google Turns to AI Chat For Search Engine Revamp

Google is using artificial intelligence to massively modernize its Internet search system.

News

Lemonade Expects Generative AI to Improve Business Processes and Profits

Lemonade Insurance company expects that with the help of generative artificial intelligence, it will automate and improve its business processes.

Fintech & Ecommerce

Mozilla Buys Startup Fakespot

Mozilla on Tuesday, May 2, announced the acquisition of the startup Fakespot.

Science & Technology

IBM Suspends Hiring Due to AI

The media reports that IBM plans to temporarily stop recruiting employees for those positions that artificial intelligence can handle.

Science & Technology

Nextdoor Launches New Assistant Feature

Nextdoor social network on Tuesday, May 2, introduced a new feature that is based on generative artificial intelligence.

Society & Lifestyle

OpenAI Reopens ChatGPT to Italian Users

OpenAI has announced that the chatbot ChatGPT has become available to Italian users again.

Finance & Economics

OpenAI Closes $300 Million Share Sale

OpenAI startup, which has developed a popular conversational model of artificial intelligence ChatGPT, actively interacts with venture capital companies.

Fintech & Ecommerce

AI Platform to Analyze Creative Advertising Raises $5.1 Million

Startup Alison, which is based in Israel, announced that following the results of the preliminary round of financing, it managed to attract investment funds in the amount of $ 5.1 million.

News

Dropbox Lays Off 500 Employees

Cloud storage giant Dropbox has joined technology companies that are implementing a workforce reduction policy, announcing the layoff of 16% of staff, which is equivalent to about 500 people.

Finance & Economics

JPMorgan Creates AI Model to Analyze Fed Speeches

A week before the Federal Reserve meeting, JPMorgan Chase & Co. presented an artificial intelligence model based on ChatGPT, the purpose of which is to decipher an in-depth analysis of central bank messages and identify potential signals for the trading sector.

News

AI Startup Pinecone Raises $100 Million

The startup Pinecone Systems Inc., which specializes in supporting software for artificial intelligence, announced the attraction of investment funds for $ 100 million following the results of the financing round.

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