DefenseNews

Defense Innovation Board pushes ‘Oasis’ fund for promising technology

WASHINGTON — The Defense Innovation Board wants the Pentagon to create an “Oasis” of funding to help technology projects transition from development to production. In a July 17 report examining the U.S. Defense Department’s engagement with commercial companies and startups, the panel of former defense officials and industry experts recommend the Pentagon establishes a funding mechanism to…
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AI & RoboticsNews

OpenAI commits $5M to local news partnership with the American Journalism Project

OpenAI isn’t done making waves in the media industry — far from it. The Sam Altman-led private company behind ChatGPT, last valued at close to $30 billion, today announced it has struck a partnership with the American Journalism Project (AJP), a non-profit philanthropic organization that has funded more than 40 media organizations across the U.S., in which OpenAI will gain access to more news…
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AI & RoboticsNews

Futureverse raises $54M to marry AI and the metaverse

Futureverse, an AI and metaverse technology and content company, has raised $54 million in a new round of funding in an effort to marry AI and the metaverse. 10T Holdings led the round and included participation from Ripple. Futureverse‘s technology platform includes a suite of proprietary AI content generation tools designed to enhance the music, objects, characters, and animations that will…
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AI & RoboticsNews

Senate will get crash course in AI this fall, says Schumer

This fall, U.S. Senators will be going back to school — with a crash course in AI that will include at least nine forums with top experts on copyright, workforce issues, national security, high risk AI models, existential risks, privacy, transparency and explainability, and elections and democracy. At a TechNYC event held at IBM’s New York City headquarters yesterday afternoon, Senate Majority…
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