Infinite Canvas announced today that it has raised $6 million in its latest round of funding. The studio, which promotes and enables user-generated content (UGC) on platforms such as Roblox, Fortnite and others, has its eyes on new uses of AI in the space. The company also recently launched a new AI-powered game on Discord called CreatureCraft, which already has over 100,000 users.
Bitkraft led…
RecruitBot, a recruitment platform, announced raising $8.2 million in additional seed funding to expand its AI-powered recruitment software. The investment round was led by Slow Ventures, with participation from SNR, OCA, Freestyle and Parade.
The company aims to empower…
VentureBeat Transform kicked off its second day with wisdom from leaders of startups and large companies, sharing their experience in delivering generative AI for different customer segments, industries and regions.
The panel discussions and fireside chats touched on some…
Online furniture retailer Wayfair is embracing the power of generative AI with a thoughtful, measured approach that involves a council of stakeholders and a core thesis to help accelerate business productivity.
In a session at today’s VentureBeat Transform 2023, Wilko Schulz-Mahlendorf, head of pricing and marketing science at Wayfair, offered insights into how the company is using generative AI…
Ecommerce giant eBay aims to revolutionize its marketplace by integrating generative AI and computer vision. With these technologies eBay aims to enhance its understanding of customer preferences and deliver highly personalized shopping experiences.
During the VentureBeat…
Generative AI isn’t some overhyped short-lived trend; it could transform the world as we know it. That’s according to executives from Google and Amazon.
In a wide-ranging conversation with VentureBeat founder Matt Marshall at the VentureBeat Transform 2023 conference…
AI and cybersecurity: Friends, foes, collaborators
July 13, 2023
One time, a large enterprise Gary Harbison worked for was targeted by a hacker looking to execute a fraudulent payment.
They were persistent, first sending an email, then following up with what they thought would be a sly voice call impersonating the CEO. But they hadn’t done their research: The company’s head exec was Scottish. The employee who answered immediately picked up on the…
Stack Overflow CEO Prashanth Chandrasekar, in a recent wide-ranging interview with VentureBeat, focused on an optimistic view of the generative AI explosion. His positive outlook shines even as generative AI tools like ChatGPT have put the popular question-and-answer site…
The issue of trust is never far behind the implementation of AI, especially in one as newly significant as generative AI. At Transform 2023, Hillary Ashton, CPO at Teradata, dove into the ways businesses must navigate the complexities of data governance, privacy and…
NTT’s CFO says energy consumption and pricing are top challenges for enterprise generative AI
July 13, 2023
International telecommunications giant NTT expects that energy consumption of generative AI models and value-based pricing will be among the most significant challenges facing enterprises as they move towards more broad adoption and integration of the burgeoning technology.
In a panel discussion at the VentureBeat Transform 2023 conference on Wednesday with NTT VC founding partner Vab Goel…
