AI

Generative AI coding startup Magic lands $320M investment from Eric Schmidt, Atlassian and others

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, […]

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AI dominates India’s Reliance annual general meeting

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

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OpenAI reportedly in talks to close a new funding round at $100B+ valuation

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

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Google says it’s fixed Gemini’s people-generating feature

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

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Born from San Francisco’s AI hackathons, Agency lets you see what your AI agents do

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

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