A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI Summit, it is launching a number of new features for the service. Ahead of the announcements, I spoke to Databricks co-founders CEO Ali Ghodsi and […]
Databricks expands Mosaic AI to help enterprises build with LLMs Read More »
South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to merge, the companies said on
The U.S. Federal Trade Commission will examine the rise of AI technology across all fronts, said FTC Chair Lina Khan, speaking at TechCrunch’s StrictlyVC event in Washington, D.C., on Tuesday. However, the agency’s goal is not to crush the startups that are aiming to compete in this space with increased regulation, Khan said. “We want
FTC Chair Lina Khan shares how the agency is looking at AI Read More »
Among the biggest questions surrounding models like ChatGPT, Gemini and Midjourney since launch is what role (if any) they’ll play in our daily lives. It’s something Apple is striving to answer with its own take on the category, Apple Intelligence, which was officially unveiled this week at WWDC 2024. The company led with flash at
Why Apple is taking a small-model approach to generative AI Read More »
When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding up the data-gathering and research process. Speed, after all, is vital when you’re advising investors who need to respond quickly to market changes. Now a
Linq raises $6.6M to use AI to make research easier for financial analysts Read More »
Jordan Meyer and Mathew Dryhurst founded Spawning AI to create tools that help artists exert more control over how their works are used online. Their latest project, called Source.Plus, is intended to curate “non-infringing” media for AI model training. The Source.Plus project’s first initiative is a dataset seeded with nearly 40 million public domain images
Spawning wants to build more ethical AI training datasets Read More »
Today marked the kickoff of Apple’s WorldWide Developer Conference (WWDC), the annual event where Apple announces some of the biggest features headed to its devices, apps and software. And this year’s WWDC is a doozy. Thanks to Apple’s newfound — and heavy — investment in generative AI tech, the company had loads to showcase on
The top AI features Apple announced at WWDC 2024 Read More »
Masha Bucher knows what she likes and goes for it. After all, venture capitalism is about taking bold risks — and at the earliest stages. That strategy has paid off for the founder and general partner of Day One Ventures over the past six years. The early-stage venture capital firm took a unique take on
The VC queen of portfolio PR, Masha Bucher, has raised her largest fund yet: $150M Read More »
Mistral AI has closed its much rumored Series B funding round with General Catalyst leading the round. The company has secured €600 million (around $640 million at today’s exchange rate) in a mix of equity and debt. As TechCrunch previously reported, the startup is now valued at $6 billion following this funding round. As a
Paris-based AI startup Mistral AI raises $640 million Read More »
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. And that growth has propelled OpenAI itself into becoming
Everything you need to know about the AI chatbot Read More »
