Generative AI will grow from less than 5% of game development now to 50% or more in the next five to 10 years, according to a study by global consulting firm Bain & Company.
The research, titled “How will Generative AI Change the Video Game Industry,” surveyed 25 gaming executives globally and uncovered their perspectives on the impact of generative AI on the industry.
The survey found…
Series AI raises $7.9M in funding for game-building tools
September 15, 2023
Series AI announced today that it has raised $7.9 million in its seed funding round, which it plans to put towards a “suite of AI-powered game authoring tools.” The company is working on these tools as a way to help decrease the amount of time spent on menial tasks in…
Anthropic and BCG form new alliance to deliver enterprise AI to clients
September 15, 2023
AI unicorn startup Anthropic, known for taking on OpenAI’s ChatGPT with its Claude 2 large language model (LLM) assistant, is moving to take its offerings to more enterprises.
Today, the Dario Amodei-led company announced it has partnered with Boston Consulting Group…
Deci roars into action, releasing hyper-efficient AI models for text and image generation
September 14, 2023
The market of foundational generative AI models — those that are powerful and capable enough to serve a broad swath of use cases, from coding to content generation — is getting more crowded by the day.
But Israeli startup Deci is hoping to make a splash in the industry by targeting one very specific and difficult goal: efficiency.
Today, the four-year-old company delivered a flurry of blows…
Adobe publicly launches AI tools Firefly, Generative Fill in Creative Cloud overhaul
September 14, 2023
Adobe, the software giant behind Photoshop, Illustrator, Premiere Pro and other popular creative tools, announced today it is charting a radical new course in creative software, integrating artificial intelligence across its Creative Cloud applications, a sign of the…
Here are the six AI nonprofits Salesforce is backing
September 14, 2023
Salesforce is going all in on AI – not just for its customers but also to solve some of the world’s biggest problems.
The Marc Benioff-led CRM major announced that it will invest $2 million across six nonprofits looking to tap generative AI technologies for social impact…
As generative AI becomes a competitive advantage, how do you land a strategy right for your business?
September 14, 2023
Presented by Capgemini
Understanding how generative AI can transform the way your organization operates is crucial as it becomes ubiquitous across industries. In this VB Spotlight event, industry experts will share how to tailor gen AI to your needs, real-world use cases and the secrets to their success.
Watch free on-demand.
AI strategy has long been the purview of CIOs, but with generative AI on…
Senate begins private AI meetings, says tech to ‘impact nearly every area of life’
September 14, 2023
After months of buildup, Senate Majority Leader Chuck Schumer (D-NY) finally opened the U.S. Senate’s inaugural bipartisan AI Insight Forum this morning, in which all 100 senators have the opportunity to get a crash course on a variety of issues related to AI…
Meet Phi-1.5, the new language model that could make training AI radically cheaper and faster
September 14, 2023
Training AI large language models (LLMs) like those currently making waves in the enterprise software market — ChatGPT, LLaMA 2, Claude 2, Bard, Falcon 180B, etc. — typically requires extensive and specialized compute power. Little wonder, then, that it has been…
EY launches AI platform and LLM after $1.4 billion investment
September 14, 2023
Today professional services leader EY announced the launch of EY.ai, a comprehensive platform to help clients boost AI adoption. The platform brings together an AI ecosystem with a range of capabilities, with alliances with companies including Microsoft (which provided EY with early access to Azure OpenAI capabilities, such as GPT-3 and GPT-4), Dell Technologies, IBM, SAP, ServiceNow, Thomson…