Since late last year, AI development has gained momentum at what seems like an inexorable pace. From large language models (LLMs) like GPT-4 that are capable of extraordinary cognitive feats (like scoring in the 90th percentile on the Uniform Bar Examination) to ASR platforms like ASAPP (which has reached 98.25% accuracy), it’s clear that the tempo of progress in AI will only continue to…
Tim Guleri, a venture capitalist at Silicon Valley firm Sierra Ventures, has witnessed numerous technology revolutions throughout his career, but recently told VentureBeat he believes the current emergence of generative AI is the most significant and intimidating of them…
WordPress has announced a proprietary AI-powered writing assistant to help users create and edit blog posts. The new tool, called Jetpack AI Assistant, is now readily available on WordPress.com and seamlessly integrates into the editor interface.
Users with WordPress blogs…
The last two days have been busy ones at Redmond: yesterday, Microsoft announced its new Azure OpenAI Service for government. Today, the tech giant unveiled a new set of three commitments to its customers as they seek to integrate generative AI into their organizations safely, responsibly, and securely.
Each represents a continued move forward in Microsoft’s journey toward mainstreaming AI, and…
San Francisco startup Weights & Biases is expanding its platform today with the release of a pair of new capabilities designed to help make it easier for organizations to build and monitor machine learning (ML) models.
Weights & Biases’ platform includes tools that…
Contextual AI emerges from stealth with $20M to pursue ‘artificial specialized intelligence’
June 8, 2023
Contextual AI, a new enterprise-focused AI startup founded in Palo Alto by veterans of Facebook AI Research (FAIR) and Hugging Face, today emerged from stealth and announced it has raised $20 million in a seed round led by Bain Capital Ventures (BCV), with participation from…
Generative AI has been making headlines frequently in recent months, but how much are people really using the technology in their work?
A fair bit, as it turns out: 46% of all employees have “experimented” with generative AI at least once, according to a new survey of 12,800 employed people in 18 countries conducted by Boston Consulting Group (BCG), one of the “big three” major global…
Apple announced a host of new software features for its popular devices — computers, iPhone, iPad, Apple Watch, Apple TV, AirPods and the new Apple Vision Pro headset — at its worldwide developer conference WWDC 2023 on Monday. As expected from pre-event reports and…
A new survey conducted by Salesforce and YouGov has found that marketers see generative AI as a “game-changer” that can save them about five hours of work every week — that’s more than a month every year, assuming eight-hour work days.
As part of their Generative AI…
Emad Mostaque is the founder and CEO of Stability AI, a unicorn startup that exploded into the zeitgeist in October of 2022 with a billion-dollar valuation. It celebrated with what the New York Times called a “coming-out party” at the San Francisco Exploratorium that felt like a “return to pre-pandemic exuberance.”
Stability AI’s claim to fame was its viral open-source AI text-to-image…
