Wisecut, an AI-powered automatic video editing platform, has announced the successful completion of an investment round from esteemed Silicon Valley investor Tim Draper, who made an impromptu pledge of $1 million to the company.
Founders Ivo and Vicente Machado met with Tim Draper during breakfast and convinced him to pledge his support. Draper signed the investment commitment on a napkin, sealing…
Advanced Micro Devices reported that revenue in its second quarter was $5.36 billion, down 18% from a year earlier as the client PC market continues to climb back during the economic downturn.
But investors took the report as good news, as AI-related stocks such as AMD…
Advanced Micro Devices CEO Lisa Su said she foresees the PC market to grow seasonally in the second half of the year with better inventory levels across the supply chain.
The big chip maker executed well in the second quarter, launching multiple leadership products…
Neon, a serverless PostgreSQL database company, announced it has successfully raised $46 million in a series B round of funding.
This brings the company’s total funding raised to $104 million. Neon launched its service in 2022. The new funding round was led by Menlo Ventures, and included the participation of Founders Fund, General Catalyst, GGV Capital, Khosla Ventures, Snowflake Ventures and…
McKinsey and Company is no stranger to generative artificial intelligence (gen AI): around half of the global consulting giant’s employees were said to be using the technology as of earlier this summer.
But it’s not the only org to see a rapid uptake of gen AI. Indeed, a…
Dell Technologies is looking to help customers navigate the generative AI landscape with a new portfolio of solutions announced Monday.
The new Dell Generative AI solutions portfolio expands on an initial announcement the company made in May under the name Project Helix…
In recent years, large diffusion models such as DALL-E 2 and Stable Diffusion have gained recognition for their capacity to generate high-quality, photorealistic images and their ability to perform various image synthesis and editing tasks.
But concerns are arising about the potential misuse of user-friendly generative AI models, which can enable the creation of inappropriate or harmful digital…
Google’s DeepMind has announced Robotics Transformer 2 (RT-2), a first-of-its-kind vision-language-action (VLA) model that can enable robots to perform novel tasks without specific training.
Just like how language models learn general ideas and concepts from web-scale…
The more integrated AI, automation and threat intelligence are across tech stacks and SecOps teams, the stronger they make an enterprise against breaches. Follow-on benefits include greater cyber-resilience, and spending less on data breaches than enterprises with no AI or…
Looking for OpenAI skills? Upwork wants to help
August 1, 2023
Ever since OpenAI’s ChatGPT dramatically entered the AI scene in November 2022, there has been an explosion of interest and demand in AI skills — and particularly OpenAI skills. A new partnership announced today (July 31) between OpenAI and Upwork aims to help meet the demand.
The OpenAI Experts on Upwork services is a way for OpenAI users to get access to skilled professionals to help with AI…
