AI & RoboticsNews

Bitmagic raises $4M for AI platform that generates 3D games from consumer prompts

Bitmagic has raised $4 million to advance its plan to use generative AI to enable consumers to build 3D games based on text prompts. The Helsinki, Finland company also announced the immediate public availability of the Bitmagic platform on Steam Playtest. This milestone underscores Bitmagic’s mission to democratize game development through its innovative text-to-game platform, enabling anyone…
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AI & RoboticsNews

Gen AI takes over finance: The leading applications and their challenges

The impact of generative AI on the finance industry is a topic of intense debate among experts. Major financial institutions are rapidly integrating generative AI into their operations. Goldman Sachs has deployed its first generative AI tool across the firm, focusing on market analysis and creating a copilot assistant for investment bankers. JP Morgan has implemented AI in its fraud detection…
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AI & RoboticsNews

LMSYS launches ‘Multimodal Arena’: GPT-4 tops leaderboard, but AI still can’t out-see humans

LMSYS organization launched its “Multimodal Arena” today, a new leaderboard comparing AI models’ performance on vision-related tasks. The arena collected over 17,000 user preference votes across more than 60 languages in just two weeks, offering a glimpse into the current state of AI visual processing capabilities. ?Exciting News — we are thrilled to announce Chatbot Arena’s Vision…
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AI & RoboticsNews

Axelera raises $68M to rival Nvidia with edge AI chips

Nvidia leads the age of AI hardware. The company’s high-performance GPUs are being used by some of the biggest technology companies in the world to power the training and inference for some very large models. But, as the Jensen Huang-led giant continues to thrive, a batch…
AI & RoboticsNews

Democratizing AI: SmythOS is the hero everyone needs

Being a student is tough enough. Unfortunately, with gloom and doom scenarios about AI replacing job opportunities, life for students has become even tougher. It’s no wonder that many students are stressed about how or even if they will ever be able to support themselves. Questions like: “If AI can code better than I can, what future prospects do I have?” and “What if there’s no work…
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