AI & RoboticsNews

The implications of the generative AI gold rush

October 3, 2023
Big tech companies and venture capitalists are in the midst of a gold rush, investing astronomical sums into leading AI labs that are creating generative models. Last week, Amazon announced a $4 billion investment in AI lab Anthropic. Earlier this year, Microsoft invested a staggering $10 billion in OpenAI, which is now reportedly in discussions with investors to sell shares at a valuation of…
Read more
AI & RoboticsNews

As Meta brings AI to apps, Google Bard’s fail offers cautionary tale

September 30, 2023
It was nearly impossible not to get caught up in the bubbly, colorful, Disneyland-like vibe of Meta’s Connect developer and creator conference yesterday, held for the first time in person since before the pandemic at Meta headquarters in Menlo Park, California. Hearing the crowd clap during the event’s keynote every time Mark Zuckerberg announced another cool, mind-blowing or just plain…
Read more
AI & RoboticsNews

Aug X Labs raises $3.1M to use AI to democratize video production

September 29, 2023
Aug X Labs has raised $3.1 million to democratize video creation through AI technologies. The funds for the oversubscribed funding round will be utilized to expand the team, further develop core technologies, and enhance customer acquisition efforts for its flagship product, Augie, as it prepares to exit beta later this year. Unlock Venture Partners led the funding round, with participation from…
Read more
AI & RoboticsNews

Luda raises $7M in funding for AI training simulation

September 29, 2023
Luda, which specializes in allowing users to train and launch their own AI agents, announced this week that it’s launching a new system called Real-Time Reinforcement Learning (RT-RL). This allows users to make AI creations that can interact or behave in accordance with…
AI & RoboticsNews

Sam Altman-backed Slope raises $30M for AI-powered B2B payments platform

September 29, 2023
Tracking and ensuring the integrity of payments is no easy task for any business, but in the B2B space, there is the added difficulty of ensuring the companies you are selling to will actually make their payments on time, won’t stiff you on some baseless excuse, go out of business, or try to wriggle out of them through clever accounting, bankruptcy, litigation, or other means. These issues are…
Read more