AI & RoboticsNews

How Microsoft is reducing its dependence on OpenAI

The partnership between Microsoft and OpenAI has proven to be mutually beneficial. Microsoft’s investment in OpenAI has propelled it to the forefront of AI innovation, expanding the market for its enterprise cloud and AI offerings.  In turn, OpenAI has leveraged Microsoft’s financial resources, computational power, and market reach to transform from a research lab into an AI company that…
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AI & RoboticsNews

Sam Altman fired as OpenAI CEO: the tech world reacts

On the heels of the abrupt announcement today from OpenAI that its board of directors had fired co-founder Sam Altman as CEO due to him allegedly being “not consistently candid in his communications with the board,” the tech world is reacting with a range of emotions to…
AI & RoboticsNews

Microsoft recommits to open source AI models, despite OpenAI investment

Microsoft unveiled a flurry of generative AI announcements at its annual Ignite 2023 conference in Seattle yesterday, but among the most important news is its recommitment to open source generative AI, even in the face of the success of its multi-billion-dollar partnership with closed-source gen AI leader OpenAI. The Redmond, Washington-headquartered company has emerged as a leader in gen AI…
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AI & RoboticsNews

The AI revolution: Shaping the future of investing

In the ever-evolving financial landscape, artificial intelligence (AI) has brought about a quiet revolution, fundamentally altering how investing is now approached. Integrating advanced natural language processing (NLP) and large language models (LLMs) has introduced a new…
AI & RoboticsNews

Meta’s new AI milestone: Emu Video and Emu Edit set to revolutionize text-to-video generation and image editing

Meta, the parent company of Facebook and Instagram, unveiled major strides in artificial intelligence (AI) content creation and editing tools today, announcing two major advancements: Emu Edit for image editing and Emu Video for video generation. The company developed both tools under its Expressive Media Universe (Emu) project, which was revealed back in September. Together, the new AI tools for…
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AI & RoboticsNews

Replai introduces AI for mobile game ads and raises $8M

Replai, a software-as-a-service (SaaS) company, has unveiled its tech for combining AI with mobile game advertising to make much more effective ads in a very short time. The company has also raised $8 million to date. The AI from Replai aims to automate video creation for marketing purposes, promising effectiveness and speed in creating ads. The company already operates a platform that processes…
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