Magic, an AI startup developing models to generate code and automate a range of software development tasks, says that it’s raised a large tranche of cash from investors including ex-Google CEO Eric Schmidt. In a blog post on Thursday, Magic said that it closed a $320 million fundraising round with contributions from Schmidt, Jane Street, […]
Is AI going to take my job one day? I hope not. But in the meantime, I can do something that ChatGPT can’t: I can spell the word “strawberry.” Once again, some posts are circulating around social media that expose how high-powered AI text generators fail to know how to count, for example, how many
Here’s why AI can’t spell strawberry Read More »
Intel has found its first cloud customer for its Gaudi 3 AI accelerator chip: IBM Cloud. IBM and Intel on Thursday said IBM Cloud will begin offering Gaudi 3 to customers early next year. The chip’s accelerators will be available for both hybrid and on-premise environments, and IBM says it plans to enable support for
IBM Cloud to offer Intel’s Gaudi 3 AI chips next year Read More »
Reliance Industries, India’s largest company by market capitalization, is not sitting out the AI frenzy that has gripped the tech world. At the company’s annual general meeting Thursday, Reliance chairman Mukesh Ambani made over 50 mentions of AI, detailing plans to integrate the technology across Reliance’s vast business empire. Reliance announced plans for large-scale AI-ready
AI dominates India’s Reliance annual general meeting Read More »
OpenAI, the creator of ChatGPT, could be in talks to raise a massive tranche of cash. The Wall Street Journal reports that OpenAI may be close to closing a fundraising round led by Thrive Capital, a previous investor, that’d value the AI company at over $100 billion. That’s substantially higher than OpenAI’s previous $86 billion
OpenAI reportedly in talks to close a new funding round at $100B+ valuation Read More »
Midjourney, the AI image-generating platform that’s reportedly raking in more than $200 million in revenue without any VC investment, is getting into hardware. The company made the announcement in a post on X on Wednesday. Its new hardware team will be based in San Francisco, it revealed. We’re officially getting into hardware. If you’re interested
Midjourney says it’s ‘getting into hardware’ Read More »
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. Say what you will about generative AI. But it’s commoditizing — or, at least, it appears to be. In early August, both Google and OpenAI slashed prices on their budget-friendliest text-generating models. Google reduced the
This Week in AI: AI is rapidly being commoditized Read More »
Back in February, Google paused its AI-powered chatbot Gemini’s ability to generate images of people after users complained of historical inaccuracies. Told to depict “a Roman legion,” for example, Gemini would show an anachronistic group of racially diverse soldiers while rendering “Zulu warriors” as stereotypically Black. Google CEO Sundar Pichai apologized, and Demis Hassabis, the co-founder of Google’s AI
Google says it’s fixed Gemini’s people-generating feature Read More »
After a long week of coding, you might assume San Francisco’s builders would retreat into the Bay Area’s mountains, beaches or vibrant clubbing scene. But in reality, when the week stops, the AI hackathons begin. In the last few years, San Francisco has exploded with AI hackathons. On any given Saturday or Sunday, technologists give
Born from San Francisco’s AI hackathons, Agency lets you see what your AI agents do Read More »
Successful wearables are largely confined to a few select form factors. The wrist still rules the roost or perhaps the ears, depending on how broad your definition is. Glasses are having a moment, while the ring gains traction. The pin/necklace never made much headway, though not for lack of trying. Misfit explored the space, and
Plaud takes a crack at a simpler AI pin Read More »
