AI

This Week in AI: Companies are growing skeptical of AI’s ROI

Hiya, folks, welcome to TechCrunch’s regular AI newsletter. This week in AI, Gartner released a report suggesting that around a third of generative AI projects in the enterprise will be abandoned after the proof-of-concept phase by year-end 2025. The reasons are many — poor data quality, inadequate risk controls, escalating infrastructure costs and so on. […]

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Sybill raises $11M for its AI assistant that helps salespeople reduce administrative burden

Sybill, a startup that has built an AI assistant specifically for sales representatives, said on Wednesday it has raised $11 million in a Series A round led by Greycroft. The market for sales AI assistants has grown quite crowded as companies have leveraged generative AI and large language models to help salespeople automate grunt work

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OpenAI endorses Senate bills that could shape America’s AI policy

A lot of AI bills are flying around Congress these days, and OpenAI is throwing its weight behind some of them. OpenAI endorsed three Senate bills on Tuesday which could shape the federal government’s stance on artificial intelligence. One of the bills – the Future of AI Innovation Act – would formally authorize the United

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OpenAI releases ChatGPT’s hyper-realistic voice to some paying users

OpenAI began rolling out ChatGPT’s Advanced Voice Mode on Tuesday, giving users their first access to GPT-4o’s hyper-realistic audio responses. The alpha version will be available to a small group of ChatGPT Plus users today, and OpenAI says the feature will gradually roll out to all Plus users in the fall of 2024. When OpenAI

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Intelmatix raises $20M Series A to enable MENA businesses to tap AI for decision-making

Intelmatix, a deep tech b2b startup that’s targeting businesses in the MENA (Middle East and North Africa) region wanting help to tap into the power of AI for decision-making, has closed a $20 million Series A funding round – one of the largest such rounds for a regional company of this type.  The startup, which

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Perplexity details plan to share ad revenue with outlets cited by its AI chatbot

Perplexity AI will soon start sharing advertising revenue with news publishers when its chatbot surfaces their content in response to a user query, a move that appears designed to assuage critics that have accused the startup of plagiarism and unethical web scraping.  Dmitry Shevelenko, Perplexity’s head of business, told TechCrunch that the company was actually

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Apple says it took a ‘responsible’ approach to training its Apple Intelligence models

Apple has published a technical paper detailing the models that it developed to power Apple Intelligence, the range of generative AI features headed to iOS, macOS and iPadOS over the next few months. In the paper, Apple pushes back against accusations that it took an ethically questionable approach to training some of its models, reiterating

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