IBM, which in August took part in a $235 million series D funding round for open source AI platform Hugging Face, announced today that it is planning to invest more in enterprise AI-focused startups — much more. It is launching a $500 million venture fund that will invest “in a range of AI companies – from early-stage to hyper-growth startups – focused on accelerating generative…
Miami, Fla-based Cast AI, a startup that taps machine learning (ML) to help enterprises bring their cloud spend under control, today announced it has raised $35 million in a series B round of funding.
The investment, led by Vintage Investment Partners, will be used by the…
What can you make with OpenAI’s GPT Builder? 5 early examples
November 8, 2023
Among the many new features OpenAI CEO Sam Altman announced yesterday at the company’s first-ever developer conference, DevDay — the most important may have been the new GPT Builder.
This tool — rolling out slowly for ChatGPT Plus and ChatGPT for Enterprise subscribers…
FTC takes shots at AI in rare filing to US Copyright Office
November 8, 2023
The U.S. Copyright Office has already repeatedly weighed in on creations made with generative artificial intelligence (AI) — saying they are largely ineligible for copyright because they don’t primarily come from a human hand.
But simultaneously, the agency has been conducting an AI study since August 2023 and accepting public comments on AI, and among those who recently weighed in was none…
OpenAI CEO Sam Altman shrugs off Elon Musk in AI arms race
November 8, 2023
OpenAI founder and CEO Sam Altman dismissively addressed Elon Musk’s latest venture into the AI industry on Monday at OpenAI’s inaugural Dev Day during a press briefing.
This comes in the wake of Musk’s strategic announcement of his new AI product, Grok, from his…
OpenAI, the company behind viral chatbot ChatGPT, announced today the launch of customizable AI agents called “GPTs.” These new tools allow anyone to create tailored versions of ChatGPT for specific purposes without needing to code.
The move signals OpenAI’s continued…
What OpenAI’s wave of releases says about 2024 | The AI Beat
November 7, 2023
OpenAI’s latest release announcements during the company’s first developer conference, Dev Day — custom GPTs! New GPT-4 Turbo! Assistants API! — crashed over Silicon Valley and the world today like a massive wave of hype and excitement that threatened to sweep us all away with the current.
Of course, observers of all things AI, like me, were already soaked to the skin, exhausted by last…
Endpoint security getting a boost from AI and machine learning
November 7, 2023
Attackers are turning to generative AI to hunt for the easiest endpoints to breach, combining their attacks with social engineering to steal admin identities so they don’t have to hack into networks — they walk right in.
Endpoints overloaded with too many agents are…
Microsoft’s Xbox and Inworld AI have partnered to create AI-powered game development tools for narrative and character creation.
This multi-year co-development partnership is aimed to enable AI-inspired creativity in video games. The partnership is a quest to deliver an…
01.AI, the Chinese startup founded by veteran AI expert and investor Kai-Fu Lee, has released a 34-billion parameter large language model (LLM) that outperforms the 70-billion Llama 2 and 180 billion Falcon open-source counterparts built by Meta Platforms, Inc., and the Technology Innovation Institute in Abu Dhabi, respectively.
Dubbed Yi-34B, the new AI model supports Chinese and English…
