OpenAI is reportedly in talks with investors to raise $6.5 billion in new funding, valuing the startup at $150 billion, according to Bloomberg and the Financial Times. That’s significantly higher than OpenAI’s previously reported valuation from earlier this year, $86 billion, and far higher than any other AI startup today. The funding round will reportedly […]
OpenAI reportedly in talks to raise at $150B valuation Read More »
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. This week in AI, OpenAI’s next major product announcement is imminent, if a piece in The Information is to be believed. The Information reported on Tuesday that OpenAI plans to release Strawberry, an AI model that
This Week in AI: OpenAI’s new Strawberry model may be smart, yet sluggish Read More »
Users will get their first chance to try out Adobe’s AI model for video generation in just a couple months. The company says features powered by Adobe’s Firefly Video model will become available before the end of 2024 on the Premiere Pro beta app and on a free website. Adobe says three features – Generative
Adobe says video generation is coming to Firefly this year Read More »
French AI startup Mistral has released its first model that can process images as well as text. Called Pixtral 12B, the 12-billion-parameter model is roughly 24GB size. (Parameters roughly correspond to a model’s problem-solving skills, and models with more parameters generally perform better than those with fewer parameters.) Available on GitHub as well as the AI and machine
Mistral releases Pixtral, its first multimodal model Read More »
Google co-founder and ex-Alphabet president Sergey Brin said he’s back working at Google “pretty much every day” because he hasn’t seen anything as exciting as the recent progress in AI — and doesn’t want to miss out. Brin revealed the tidbit in an interview during the All-In Summit in L.A. this week. Last year, several
Sergey Brin says he’s working on AI at Google ‘pretty much every day’ Read More »
A group of Democratic senators is urging the FTC and Justice Department to investigate whether AI tools that summarize and regurgitate online content like news and recipes may amount to anti-competitive practices. In a letter to the agencies, Senators led by Amy Klobuchar (D-MN) explained their position that the latest AI features are hitting creators
Senate leaders ask FTC to investigate AI content summaries as anti-competitive Read More »
Apple Intelligence, the iPhone maker’s new set of AI capabilities arriving in iOS 18, is laying the groundwork for a new way to use apps. Today, the dated App Store model is under constant regulatory attack. Meanwhile, users can accomplish a lot of tasks with fairly simple questions to an AI assistant like ChatGPT. Proponents
The real power of Apple Intelligence will show up in third-party apps Read More »
It was reasonable to expect that Apple would do with AI what it has done before with so many features and apps: wait, take notes and then redefine. But though it has filed off some of the sharper edges of the controversial technology, the company seems to have hit the same wall as everyone else:
Apple punts on AI | TechCrunch Read More »
Apple’s watchOS is getting a few AI-powered upgrades, the company revealed at its Apple Event 2024 on Monday. Most were revealed at the company’s Worldwide Developers Conference (WWDC) in June, but Apple shed a bit more light during its keynote this morning. The Translate app is coming to the latest version of watchOS, watchOS 11.
Apple upgrades watchOS with AI-powered features, including translation Read More »
Audible, Amazon’s audiobook business, on Monday announced that it’ll use AI trained on professional narrators’ voices to generate new audiobook recordings. A select, U.S.-based cohort of audiobook narrators will be invited to train AI on their voices starting this week, Audible said. The trained AI will be used to make recordings, and narrators will have
Audible recruits voice actors to train audiobook-generating AI Read More »
