The Army is preparing to ax some units and restructure others, the service’s top civilian told Army Times in an exclusive phone interview Friday, but it’s still not clear when and how the changes will play out.
Army Secretary Christine Wormuth also attributed “some” of the moves to “the recruiting challenges that we’ve been experiencing…if we don’t turn our recruiting situation…
Microsoft weaves generative AI fabric for Moody’s
June 29, 2023
In the world of financial risk assessment, New York based Moody’s is a global powerhouse with a vast wealth of information. Now, thanks to a partnership with Microsoft announced today, Moody’s is bringing the power of generative AI to its enterprise.
Moody’s is using…
Causely, an artificial intelligence startup led by CEO and founder Ellen Rubin, announced today the limited early-access launch of its Causal AI platform for enterprise data. The company aims to revolutionize how businesses troubleshoot operational issues and manage…
VentureBeat is on a mission to uncover the state of today’s AI technology landscape, and we need your input. We’re not only looking for the companies currently getting their hands dirty, integrating generative AI into workflows and product development, but the organizations just getting started on harnessing the power of new AI innovations. So it’s time for our annual AI survey, alongside…
Inflection AI sets off fireworks with $1.3B funding, highlighting surging interest in LLMs (and Nvidia H100s)
June 29, 2023
In a pre-July 4th weekend surprise, Inflection AI, the Palo Alto-based startup founded by Mustafa Suleyman, cofounder of DeepMind, and LinkedIn co-founder Reed Hoffman, announced that it has raised $1.3 billion in an eye-popping round that brings its valuation to $4 billion.
Scriptic (formerly known as ElectricNoir) has raised $5.7 million in funding to create games based on generative AI, including Scriptic: Crime Stories.
It’s the second time in a year that the company has raised money, and that tells you that generative AI is hot in gaming…
Make no mistake about it: There is a lot of hype and a lot of money in play in the generative AI land grab.
Today, San Francisco-based startup Typeface announced it has raised $100 million in new funding to help expand its go-to-market efforts as the company builds out generative AI content services for enterprises. The triple-digit fund raise is particularly noteworthy as the startup only exited…
Venmo now supports tap to pay on Android phones
June 29, 2023
Your local store might only need a smartphone to accept your payments. PayPal is rolling out tap to pay on Android for Venmo and Zettle businesses in the US. Shops can accept Apple Pay, Google Pay and other contactless services or cards, including digital wallets, without…
The motion of black holes and other massive objects through space can create ripples in the fabric of the universe, called gravitational waves. On June 28 scientists announced the first evidence of a background of long-wavelength gravitational waves that fills the cosmos.
Sourcegraph unveils Cody 5.1, a free code AI tool that can write entire files and tests
June 29, 2023
Sourcegraph, a leader in universal code search and AI-assisted software engineering, announced the release of Cody version 5.1 today, a major upgrade to its AI coding assistant. The new version provides Cody with a broader view of code context across repositories and improved automation capabilities, allowing it to generate code, fix bugs and refactor projects with less human intervention.
In an…