company initiated by an entrepreneur to develop a scalable economic model
Musk's Grok-1.5 AI chatbot to be available next week: Elon Musk's artificial intelligence startup xAI's latest Grok-1.5 chatbot will be available on his social ...
reuters.com/technology/musks-grok-15-ai-chatbot-be-available-next-week-2024-03-29/
OpenAI bids for Japan business as it opens Tokyo office: Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as ...
reut.rs/3TXmsee
Rivian (RIVN) hits a milestone after its 100,000th EV rolls off the production line
electrek.co/2024/04/03/rivian-rivn-100000th-ev/
Musk's xAI to enable chatbot Grok for all premium subscribers of X: Elon Musk said on Tuesday artificial intelligence startup xAI's chatbot, Grok ...
reuters.com/technology/musks-xai-enable-chatbot-grok-all-premium-subscribers-x-2024-03-26/
Quick Glance: New Availability of Grok AI Announced for X Premium Subscribers
- Elon Musk has officially announced that Grok, the AI chatbot from Musk's xAI, is now accessible to all X Premium users. Previously, Grok was exclusively available to X Premium+ subscribers.
- In March of this year, xAI took a significant step by releasing Grok as an open-source project. This move enables developers and researchers to leverage the powerful 'weights and architecture' behind xAI's Grok chatbot for their projects at no cost.
- The release of Grok is under the Apache 2.0 license, allowing commercial use. Reports indicate that Grok is now available on GitHub, allowing anyone to freely experiment with the 'raw' basic version of the pre-trained Grok big language models.
- Grok, the 'conversational AI for understanding the universe,' was first introduced to the public at the end of 2023. The Grok chatbot can access real-time X data, which sets it apart from competitors, aiming to establish itself as a more modern and edgy alternative to other chatbots.
Microsoft agreed to pay Inflection $650 mln while hiring its staff, source says: Microsoft has agreed to pay Inflection about $650 million while hiring the AI ...
reuters.com/technology/microsoft-agreed-pay-inflection-650-mln-while-hiring-its-staff-information-2024-03-21/
FTX to Offload Majority of 8% Stake in Anthropic for $884 Million: The estate of bankrupt crypto exchange FTX is offloading about two-thirds of its 8% stake in ...
bloomberg.com/news/articles/2024-03-25/ftx-to-sell-majority-of-anthropic-stake-for-884-million
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Stability AI CEO resigns because you’re ‘not going to beat centralized AI with more centralized AI’
techcrunch.com/2024/03/22/stability-ai-ceo-resigns-because-youre-not-going-to-beat-centralized-ai-with-more-centralized-ai/
Quick Glance: Stability AI CEO Resigns - Decentralized AI in Focus
- Emad Mostaque, founder and CEO of Stability AI, has stepped down to focus on decentralized AI, while the company has appointed interim co-CEOs.
- Mostaque emphasized that centralized AI cannot be beaten with more centralized AI, advocating for more transparent and distributed governance in the AI industry.
- His departure comes amid challenges at Stability AI, with high expenditures reported and struggles to secure new funding rounds.
- Mostaque's shift in focus towards revenue growth over time, aiming for cash flow positivity and emphasizing open models and enterprise adoption.
Andreessen Horowitz Raises $7.2 Billion, Plans More for 2025: Andreessen Horowitz, one of Silicon Valley’s biggest venture capital firms, has raised $7 ...
bloomberg.com/news/articles/2024-04-16/andreessen-horowitz-raises-7-2-billion-plans-more-for-2025
Paid articlePaid Fintech startup Ramp raises $150 million as valuation recovers: Ramp, a developer of finance and expense management software for companies ...
reuters.com/technology/fintech-startup-ramp-raises-150-million-valuation-recovers-2024-04-17/
Elon Musk’s xAI poaches another engineer from Tesla in a clear conflict of interest
electrek.co/2024/04/03/elon-musk-xai-poaches-engineer-tesla-clear-conflict-of-interest/
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
- Per Lekander labels Tesla as the largest stock market bubble in modern history.
- He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.
- Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
One of Elon Musk's newer companies is eyeing an $18 billion valuation: A new report found that investor are in talks to raise $3 billion for Elon Musk's AI ...
thestreet.com/technology/xai-artificial-intelligence-elon-musk-companies-valuation-investors-report
AI cloud startup TensorWave bets AMD can beat Nvidia: Starts racking MI300X systems - because you can actually buy them and they beat the H100 on many specs
theregister.com/2024/04/16/amd_tensorwave_mi300x/
Intruders beware: New face-detecting AI security cam fires paintballs and teargas
thenextweb.com/news/intruders-face-detecting-ai-security-camera-fires-paintballs-teargas-paintcam
Cambridge's Heartfelt Technologies Introduces AI Telemonitor for Heart Failure Detection Through Foot Volume
techtimes.com/articles/303570/20240414/cambridges-heartfelt-technologies-introduces-ai-telemonitor-heart-failure-detection-foot-volume.htm
AI Firm Is Best Performing Ex-SPAC, Surging Past Trump Media: Vertiv Holdings Co. has captured the title of the best-performing company to go public in a ...
bloomberg.com/news/articles/2024-04-08/ai-firm-is-best-performing-ex-spac-surging-past-trump-media
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AI hardware company from Jony Ive, Sam Altman seeks $1 billion in funding: A venture fund founded by Laurene Powell Jobs could finance the company.
arstechnica.com/gadgets/2024/04/apples-jony-ive-and-openais-sam-altman-team-up-for-ai-device-startup/
Google alums go big in Japan with months-old startup Sakana AI: Sakana is setting out to train low-cost generative AI models using small datasets ...
japantimes.co.jp/business/2024/04/12/companies/former-google-researchers-tokyo-startup/
Lyrak to take on X by combining the best of Twitter with fediverse integration: Lyrak is a new X rival that aims to differentiate itself by focusing on real-time ...
techcrunch.com/2024/04/11/lyrak-to-take-on-x-by-combining-the-best-of-twitter-with-fediverse-integration/
There is a lot of catching up to do: There are still many digital gaps in medium-sized businesses
faz.net/aktuell/wirtschaft/unternehmen/im-mittelstand-gibt-es-noch-viele-digitale-luecken-19637196.html
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Investors in Talks to Help Elon Musk’s xAI Raise $3 Billion, Adding to Industry Arms Race
on.wsj.com/4cOpUAk
OpenAI previews Voice Engine generator, acknowledging risks: OpenAI revealed its generative Voice Engine project in a blog post Friday.
nbcnews.com/tech/innovation/openai-previews-voice-engine-generator-acknowledging-risks-rcna145663
Yahoo leaps toward AI-powered news with Artifact acquisition: Artifact delivers curated content and categories based on your news-reading habits.
zdnet.com/article/yahoo-leaps-toward-ai-powered-news-with-artifact-acquisition/
AI data security startup Cyera confirms $300M raise at a $1.4B valuation: Artificial intelligence continues to be the biggest threat but also the biggest promise ...
techcrunch.com/2024/04/09/ai-data-security-startup-cyera-confirms-300m-raise-at-a-1-4b-valuation/
YC’s latest Demo Day shows fascinating wagers on healthcare, chip design, AI and more
techcrunch.com/2024/04/04/ycs-latest-demo-day-shows-fascinating-wagers-on-healthcare-chip-design-ai-and-more/
Silo AI launches Nordic LLM family to protect Europe's linguistic diversity: Europe’s linguistic diversity has received a boost into the AI era with the launch ...
thenextweb.com/news/silo-ai-viking-llms-nordic-languages
How Singapore became Asia’s go-to hub for start-ups: The city-state’s location, high reporting standards and reputation for stability make it an attractive base ...
ft.com/content/6e67b720-2397-423c-b1cc-765faa774d66
EU's Vestager may act if Microsoft's poaching of Inflection staff signals wider trend
reuters.com/technology/eus-vestager-may-act-if-microsofts-poaching-inflection-staff-signals-wider-trend-2024-04-03/
Amazon pours additional $2.75bn into AI startup Anthropic: Extra financing will bring technology giant’s total investment in OpenAI rival to $4bn
theguardian.com/technology/2024/mar/27/anthropic-amazon-ai-startup
Quick Glance: Amazon Invests $2.75 Billion in AI Startup Anthropic
- Amazon makes its largest external investment in a KI-startup called Anthropic to gain an edge in the artificial intelligence race.
- Anthropic closed five different funding rounds worth about $7.3 billion and competes directly with OpenAI.
- Cloud providers like Amazon Web Services are heavily investing in AI to stay competitive and benefit from partnerships with AI developers like Anthropic.
- The Federal Trade Commission is investigating partnerships between AI developers and major cloud service providers like Google and Amazon to examine potential illegal practices.
Startups Weekly: Let’s see what those Y Combinator kids have been up to this time
techcrunch.com/2024/04/05/startups-weekly-yc/
Big tech's desperate scramble for AI talent: The fight to hire the best AI talent is heating up, and it looks like Big Tech — and big paychecks — are winning out ...
businessinsider.com/inside-the-ai-hiring-frenzy-big-tech-talent-war-2024-3
Paid articlePaid TechCrunch Minute: YC’s Demo Day highlights our AI startup bubble | TechCrunch: Well-known startup accelerator Y Combinator held one of its two yearly demo day ...
tcrn.ch/3U4UPku
Amazon said it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion ... Show more yhoo.it/3TUH7AI
An AI startup that's not even 6 months old says it's worth $2 billion: Cognition Labs is building an AI tool for writing code — and seeking a valuation six times ...
qz.com/ai-startup-cognition-labs-seeks-2-billion-valuation-1851378157
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Stability AI Founder Emad Mostaque Plans To Resign As CEO, Sources Say: Mostaque has told a number of people close to him that he plans to step down as chief ...
forbes.com/sites/kenrickcai/2024/03/22/stability-ai-founder-emad-mostaque-plans-to-resign-as-ceo-sources-say/
Paid articlePaidQuick Glance: UN adopts groundbreaking global AI resolution
- The resolution underscores the need for guidelines for safe, trustworthy AI systems and excludes military AI.
- It promotes the positive potentials of AI, calls for bridging digital divides and ensuring equitable access to achieve UN Sustainable Development Goals.
- The resolution was a step forward to address the promises and risks of AI, aiming to support developing countries.
- Concerns regarding negative impacts of AI on human rights and data protection are highlighted, emphasizing the need for responsible regulation of the technology.
John Pasmore tries to make AI less biased. Just don't call it BlackGPT: His startup, Latimer, is backed by Esther Dyson and is weaving Black data into AI model ...
businessinsider.com/john-pasmore-latimer-ai-biased-blackgpt-2024-3
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Tiny Corp Offers AMD & NVIDIA Powered AI Systems Starting At $15K, Says If You Want “It Just …
wccftech.com/tiny-corp-amd-nvidia-ai-systems-starting-15k-usd-if-you-want-it-just-works-buy-green/
Startups Weekly: Big shake-ups at the AI heavyweights: Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups ...
techcrunch.com/2024/03/29/startups-weekly-ai-shakeups/
The AI world needs more data transparency and web3 startup Space and Time says it can help
techcrunch.com/2024/03/29/the-ai-world-needs-more-data-transparency-and-web3-startup-space-and-time-says-it-can-help/
AI Chip Startups Like MatX Storm Silicon Valley: A new startup called MatX from former Google engineers reflects a renewed enthusiasm for chipmakers.
bloomberg.com/news/articles/2024-03-26/ai-chip-startups-like-matx-storm-silicon-valley
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Apple buys Canadian AI startup: The company aims to improve inspections in manufacturing operations.
axios.com/2024/03/15/apple-buys-canadian-ai-startup
Quick Glance: EU AI Act Approved by European Parliament
- The European Parliament overwhelmingly voted in favor of the AI Act, positioning the EU as a global leader in regulating AI software.
- The legislation establishes a risk-based framework for AI, applying rules and requirements based on the level of risk associated with the use case.
- Penalties for non-compliance under the Act can reach up to 7% of global annual turnover or €35M.
- The AI Act, shaped through extensive negotiations, is expected to be fully implemented by mid-2027.
Perplexity's Founder Was Inspired by Sundar Pichai. Now They’re Competing to Reinvent Search
wired.com/story/founder-perplexity-ai-sundar-pichai-competing-to-reinvent-search/
Marissa Mayer’s startup just rolled out apps for group photo sharing and event planning, and the internet isn’t sure what to think
techcrunch.com/2024/03/27/marissa-mayers-startup-just-rolled-out-apps-for-group-photo-sharing-and-event-planning-and-the-internet-isnt-sure-what-to-think/
Stability AI CEO resigns to ‘pursue decentralized AI’: Emad Mostaque has resigned as CEO of Stability AI. The departure comes in the same week another AI startup ...
theverge.com/2024/3/23/24109511/stability-ai-ceo-emad-mostaque-resignation-decentralized-ai
Open-source AI models released by Tokyo lab Sakana founded by former Google researchers
reuters.com/technology/open-source-ai-models-released-by-tokyo-lab-sakana-founded-by-former-google-2024-03-21/
How Big Tech is winning the AI talent war: Microsoft’s agreement with two founders of Inflection is the latest sign that deep-pocketed companies are scooping up ...
ft.com/content/2892bac2-d848-49ea-b983-bc649a8c0529
Paid articlePaid Inflection's implosion and ChatGPT's stall reveal AI's consumer problem : Inflection AI, a startup backed by Bill Gates and Eric Schmidt, fails to achieve ...
businessinsider.com/inflection-implosion-chatgpt-stall-ai-consumer-chatbot-problem-2024-3
Paid articlePaid Microsoft was the lead investor in the $1.3B startup Inflection AI, but just this week, it hired its two co-founders to lead its own AI division ... Show more @alex
AppliedAI boss at Ipai: How German start-ups can hold their own against American ones
stimme.de/regional/wirtschaft/unternehmen-ki-appliedai-institute-for-europe-ipai-heilbronn-deutsch-mittelstand-start-ups-art-4898376
Open-source AI models released by Tokyo lab Sakana founded by former Google researchers
reut.rs/43tX8Rb
AI startup Extropic emerges from stealth with superconducting processors it boldly claims will beat GPUs, CPUs, and TPUs
tomshardware.com/tech-industry/artificial-intelligence/ai-startup-extropic-emerges-from-stealth-with-superconducting-processors-it-boldly-claims-will-beat-gpus-cpus-and-tpus
'Hidden' racial slurs are flooding across Russian media, AI study reveals: A glut of racial slurs hidden in slang has emerged in Russian digital media ...
thenextweb.com/news/ai-detects-racial-slurs-on-russian-media
The AI assembly line ends with Microsoft, Google and Meta
deccanherald.com/opinion/the-ai-assembly-line-ends-with-microsoft-google-and-meta-2945985
Apple buys startup DarwinAI, adds staff to its AI division, Bloomberg reports: (Reuters) - Apple has bought artificial intelligence (AI) startup DarwinAI and ...
thestar.com.my/tech/tech-news/2024/03/15/apple-buys-startup-darwinai-adds-staff-to-its-ai-division-bloomberg-reports
Dealing with AI and quantum computing: “This whining is killing me”: After leaving the board of Deutsche Bahn, Professor Sabina Jeschke founded a start-up for ...
manager-magazin.de/unternehmen/tech/quantencomputing-expertin-sabina-jeschke-dieses-gejammer-bringt-mich-um-a-1bba3eaf-a641-4ffd-ae0c-c52a2a3d7e75
Paid articlePaid
Rival nations seek to poach top UK and European AI start-ups: Canada and UAE lobby companies amid global competition over developing cutting-edge technology
ft.com/content/095184c2-45fe-47f5-9449-19223e3c1e03
Paid articlePaid
Nvidia, San Jose mayor embrace startups at tech titan’s AI gathering: An Nvidia executive and San Jose's mayor touted Silicon Valley's artificial ...
mercurynews.com/2024/03/19/san-jose-tech-economy-nvidia-mayor-jobs-ai-artificial-intelligence-gtc/
US DOJ to target pre-IPO artificial intelligence frauds, top attorney says: The U.S. Justice Department's top prosecutor in San Francisco is targeting artificial ...
reuters.com/legal/us-doj-target-pre-ipo-artificial-intelligence-frauds-top-attorney-says-2024-03-19/
Zscaler buys Avalor to bring more AI into its security tools: Zscaler, a cloud security company with headquarters in San Jose, California, has acquired ...
techcrunch.com/2024/03/14/zscaler-buys-avalor-to-bring-more-ai-into-its-security-tools/
Elon Musk’s xAI to Open-Source Its Grok Chatbot, in Latest Swipe at OpenAI: The move will be seen as another salvo in the long-simmering feud between Musk and ...
on.wsj.com/3TwP530
Quick Glance: Elon Musk to Open-Source Grok by xAI this Week
- Elon Musk announces that xAI will open-source Grok, its ChatGPT rival, this week.
- The Musk-OpenAI dispute has sparked a debate on open-source AI.
- The decision to open-source Grok will help xAI join the list of companies publishing their chatbot codes.
- Musk has been a long-time advocate for open-source, with Tesla and X also open-sourcing parts of their technologies.
Tiny Corp is 70% confident that AMD will make at least some of its GPU firmware open source
tomshardware.com/pc-components/gpus/tiny-corp-is-70-confident-that-amd-will-make-at-least-some-of-its-gpu-firmware-open-source
Rivian Announces New Electric Vehicles That Will Cost a Lot Less — and Are 'Bursting With Personality'
entrepreneur.com/business-news/rivian-announces-r2-r3-midsize-evs-at-a-lower-price-point/470891
Rivian R2 electric SUV leaks, starts at $47,000, up to 330 miles of range: The Rivian R2, the electric vehicle startup’s upcoming new electric SUV ...
electrek.co/2024/03/04/rivian-r2-electric-suv-leaks-price-range/
Microsoft partners with OpenAI's French rival Mistral: Microsoft will make French startup Mistral AI's artificial intelligence models available through its Azure ...
reuters.com/technology/microsoft-partners-with-openais-french-rival-mistral-2024-02-26/
Quick Glance: Le Chat: Mistral's Microsoft-Backed Chatbot
- Mistral introduces Le Chat, an AI chatbot to rival ChatGPT.
- Le Chat offers free and paid options based on token usage.
- Microsoft partners with Mistral to boost AI development.
- Mistral becomes the second company to offer language models on Microsoft's Azure platform.
Intruders beware: New face-detecting AI security cam fires paintballs and teargas
thenextweb.com/news/intruders-face-detecting-ai-security-camera-fires-paintballs-teargas-paintcam
Humanoid robot-maker Figure partners with OpenAI and gets backing from Jeff Bezos
abcnews.go.com/Technology/wireStory/humanoid-robot-maker-figure-partners-openai-gets-backing-107673380
BREAKING: Rivian pauses plan to build $5B Georgia factory : Electric vehicle startup Rivian has halted its plans to build a $5 billion electric vehicle factory ...
ajc.com/news/business/breaking-rivian-pauses-plan-to-build-5b-georgia-factory/RH7HC6QEAJGOFJMZWF3Q6IKN3Y/
Paid articlePaid Silo AI launches Nordic LLM family to protect Europe's linguistic diversity: Europe’s linguistic diversity has received a boost into the AI era with the launch ...
thenextweb.com/news/silo-ai-viking-llms-nordic-languages
Sam Altman is rejoining OpenAI’s board following an internal investigation that concluded he is fit to lead the startup.
Quick Glance: OpenAI appoints new board members, reinstates CEO Sam Altman
- Sam Altman, the CEO of OpenAI, is rejoining the company's board of directors.
- Joining alongside him are three new members, including former CEO of the Bill and Melinda Gates Foundation Sue Desmond-Hellmann, ex-Sony Entertainment president Nicole Seligman, and Instacart CEO Fidji Simo - expanding OpenAI's board to seven people.
- The appointment of the four new board members - and the reinstatement of Altman - comes after OpenAI faced criticism for its all-male board makeup and the nomination of Summers, who made derogatory remarks about women.
- OpenAI's expanded board is certainly diverse - at least in terms of their backgrounds.
Meta sues ex-VP it claims took a trove of 'highly sensitive' documents: Meta's lawsuit accuses the former VP of being "brazenly disloyal" by uploading internal ...
businessinsider.com/meta-suing-exec-claims-took-trove-sensitive-documents-joined-startup-2024-3
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Rivian R3 and R3X hatchbacks aim for masses for less than $45,000: The Rivian R3 and performance-oriented R3X will serve as the entry point for the startup ...
greencarreports.com/news/1142518_rivian-r3-and-r3x-hatchbacks-aim-for-masses-for-less-than-45-000
Elon Musk wanted Tesla to merge with OpenAI, according to his emails: OpenAI posted a series of emails from Elon Musk that call into question his motive for a ...
businessinsider.com/elon-musk-wanted-tesla-to-merge-with-openai-according-to-his-emails-2024-3
Paid articlePaidQuick Glance: Elon Musk's Initiative to Eliminate Like and Retweet Counts on Twitter
- Musk plans to remove like, retweet, and favorite counts from X's main feed.
- Early user reactions to Musk's plan were mostly negative.
- Removing these metrics serves no business purpose and could impact engagement on the platform.
- Musk's move towards a structure similar to Threads may lead to potential boredom on the platform.
This Software Engineer AI Can Train Other AIs, Code Websites by Itself: Cognition Labs is a new startup whose Devin AI can code autonomously and complete ...
pcmag.com/news/this-software-engineer-ai-can-train-other-ais-code-websites-by-itself
Jeff Bezos made an AI investment that doubled in just a few months: The AI search engine startup Perplexity AI is reportedly finalizing a new funding deal that ...
qz.com/jeff-bezos-perplexity-ai-investment-funding-1851324766
Paid articlePaid AI startup Anthropic unveils new models that challenge Big Tech: One of the newest entrants in the competitive world of artificial intelligence says its new ...
nbcnews.com/tech/tech-news/ai-startup-anthropic-claude-3-model-chatgpt-gemini-rcna141705
Empathy closes $47M for AI to help with the practical and emotional bereavement process
techcrunch.com/2024/03/12/empathy-berevement-death-ai/
Bear Robotics, a robot waiter startup, just picked up $60M from LG: LG Electronics may no longer be a household name in smartphones, but it still sees a big ...
techcrunch.com/2024/03/12/bear-robotics-a-robot-waiter-startup-just-picked-up-60m-from-lg/
French startup Nijta hopes to protect voice privacy in AI use cases | TechCrunch: France-based startup Nijta, whose flagship product Voice Harbor anonimizes ...
tcrn.ch/3Twex8v
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