AI

Laude Institute announces first batch of ‘Slingshots’ AI grants

AI /

On Thursday, the Laude Institute announced its first batch of Slingshots grants, aimed at “advancing the science and practice of artificial intelligence.” Designed as an accelerator for researchers, the Slingshots program is meant to provide resources that would be unavailable in most academic settings, whether it’s funding, compute power, or product and engineering support. In […]

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Amazon launches an AI-powered Kindle Translate service for ebook authors

AI /

Amazon announced on Thursday the launch of Kindle Translate, an AI-powered translation service designed for authors using Kindle Direct Publishing to broaden their reach. The service initially translates text between English and Spanish and from German to English, as it’s still operating in beta. More languages will be supported over time. The retail giant noted

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Sora for Android saw nearly half a million installs on its first day

Apps /

Sora’s Android launch is off to an auspicious start. On its first day on the Google Play Store, the AI video app from ChatGPT maker OpenAI saw an estimated 470,000 downloads across the markets where it was available, according to new estimates from app intelligence provider Appfigures. That makes the Android launch more than four-times

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Pinterest CEO touts open source AI: ‘tremendous performance’ with reduced costs

AI /

On an earnings call on Tuesday, Pinterest CEO Bill Ready highlighted the promise of open source AI models in helping the company keep its costs down as it expands the use cases for visual AI. The image pinboarding site, which often serves as consumers’ first step in their shopping journey, leverages AI technology to power

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People Inc forges AI licensing deal with Microsoft as Google traffic drops

Media & Entertainment /

People Inc., one of the largest media publishers in the U.S., has signed an AI licensing deal with Microsoft. The media giant (formerly known as Dotdash Meredith) made the announcement Tuesday as a part of parent company IAC’s third-quarter earnings. Under the deal, People Inc. will become a launch partner in Microsoft’s publisher content marketplace.

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Shopify says AI traffic is up 7x since January, AI-driven orders are up 11x

Commerce /

E-commerce software provider Shopify is bullish on AI-powered shopping agents, citing AI as an “incredible tool” to enable more entrepreneurs and calling it the “biggest shift in technology since the internet” during its third-quarter earnings call. The company, which partnered with ChatGPT maker OpenAI in September, reported that traffic from AI tools to its online

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Nvidia is reportedly investing up to $1 billion in Poolside 

Startups /

Semiconductor giant Nvidia is reportedly looking to make a sizable investment in AI software development platform Poolside. Nvidia is looking to invest at least $500 million, and up to $1 billion, in Poolside, which builds AI models for software development, according to reporting from Bloomberg, which cited sources. This investment would be part of a

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