AI

Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot

Paris has quickly established itself as a major European center for AI startups, and now another deal in the works could cement that position even further.  Poolside.ai, a generative AI company based out of Paris that is building tools to speed up software development, is in the process of raising at least $400 million, on […]

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Kenya closes its probe of Worldcoin, opening the door to a relaunch of its orbs after a year-long suspension

Worldcoin — the crypto startup co-founded by OpenAI’s Sam Altman — has been given the green light to resume iris-scanning and other operations in Kenya after a year-long government probe over privacy concerns was dropped. Kenya was one of the Worldcoin’s launch countries for its iris-scanning scheme — which the startup was building out as

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‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees

Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. This way, anyone in the company can solicit help with legal

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France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups

Like it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in funding, may have gobbled up the lion’s share of attention and money so far. But according to a new report out from top VC Accel

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Ilya Sutskever, OpenAI’s former chief scientist, launches new AI company

Ilya Sutskever, one of OpenAI’s co-founders, has launched a new company, Safe Superintelligence Inc. (SSI), just one month after formally leaving OpenAI. Sutskever, who was OpenAI’s longtime chief scientist, founded SSI with former Y Combinator partner Daniel Gross and ex-OpenAI engineer Daniel Levy. At OpenAI, Sutskever was integral to the company’s efforts to improve AI

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This Week in AI: Generative AI is spamming up academic journals

Hiya, folks, and welcome to TechCrunch’s regular AI newsletter. This week in AI, generative AI is beginning to spam up academic publishing — a discouraging new development on the disinformation front. In a post on Retraction Watch, a blog that tracks recent retractions of academic studies, assistant professors of philosophy Tomasz Żuradzk and Leszek Wroński

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In spite of hype, many companies are moving cautiously when it comes to generative AI

Vendors would have you believe that we are in the midst of an AI revolution, one that is changing the very nature of how we work. But the truth, according to several recent studies, suggests that it’s much more nuanced than that. Companies are extremely interested in generative AI as vendors push potential benefits, but

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Snap previews its real-time image model that can generate AR experiences

At the Augmented World Expo on Tuesday, Snap teased an early version of its real-time, on-device image diffusion model that can generate vivid AR experiences. The company also unveiled generative AI tools for AR creators. Snap co-founder and CTO Bobby Murphy said on-stage that the model is small enough to run on a smartphone and

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Former Snap engineer launches Butterflies, a social network where AIs and humans coexist

Butterflies is a social network where humans and AIs interact with each other through posts, comments and DMs. After five months in beta, the app is launching Tuesday to the public on iOS and Android.  Anyone can create an AI persona, called a Butterfly, in minutes on the app. After that, the Butterfly automatically creates

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