AI & RoboticsNews

Adobe Stock creators aren’t happy with Firefly, the company’s ‘commercially safe’ gen AI tool

June 20, 2023
Adobe’s stock soared after a strong earnings report last week — where executives touted the success of its “commercially safe” generative AI image generation platform Adobe Firefly. They say Firefly was trained on hundreds of millions of licensed images in the company’s royalty-free Adobe Stock offering, as well as on “openly licensed content and other public domain content without…
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AI & RoboticsNews

Now hear this: Voice cloning AI startup ElevenLabs nabs $19M from a16z and other heavy hitters

June 20, 2023
ElevenLabs, a year-old AI startup from former Google and Palantir employees that is focused on creating new text-to-speech and voice cloning tools, has raised $19 million in a series A round co-led by Andreessen Horowitz (a16z), former Github CEO Nat Friedman and former Apple AI leader Daniel Gross, with additional participation from Credo Ventures, Concept Ventures and an array of strategic angel…
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AI & RoboticsNews

Vimeo unveils AI tools to make video creation a breeze

June 20, 2023
Vimeo, the popular video hosting and software company, announced today the launch of a suite of AI tools that it says will transform professional video production. The company is introducing a script generator, an on-camera teleprompter and an automated video editor that can remove unwanted filler words and pauses instantly with the click of a button. In a recent interview with VentureBeat, Ashraf…
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DefenseNews

French Army taps Nexter to build tank-busting kamikaze drones

June 19, 2023
PARIS — The French military has selected Nexter to develop new drones equipped with anti-tank warheads for the army, with a goal to demonstrate the new capability by the end of 2024, the company announced June 19. The French Defense Innovation Agency – an agency similar to the U.S. Defense Advanced Research Projects Agency (DARPA) – signed a contract with Nexter on June 16 to build a new…
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