In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices. Matthieu Hafemeister, an ex-fintech investor at […]
Concourse is building AI to automate financial tasks Read More »
Is it possible for an AI to be trained just on data generated by another AI? It might sound like a harebrained idea. But it’s one that’s been around for quite some time — and as new, real data is increasingly hard to come by, it’s been gaining traction. Anthropic used some synthetic data to
The promise and perils of synthetic data Read More »
Anthropic CEO Dario Amodei wants you to know he’s not an AI “doomer.” At least, that’s my read of the “mic drop” of a ~15,000 word essay Amodei published to his blog late Friday. (I tried asking Anthropic’s Claude chatbot whether it concurred, but alas, the post exceeded the free plan’s length limit.) In broad
Anthropic CEO goes full techno-optimist in 15,000-word paean to AI Read More »
AI is spamming up job applications. 404 Media’s Jason Koebler writes about how he used a free tool, AI Hawk, to apply for 17 jobs in an hour while working a restaurant shift — only stopping when he’d reached 2,843. The tool automatically entered Koebler’s bio info, generated resumes, wrote customized cover letters, and checked
A reporter used AI to apply to 2,843 jobs Read More »
As the demand for AI surges, AI vendors are devoting greater bandwidth to data security issues. Not only are they being compelled to comply with emerging data privacy regulations (e.g. the EU Data Act), but they’re finding themselves under the microscope of clients skeptical about how their data is being used and processed. The trouble
Relyance lands $32M to help companies comply with data regulations Read More »
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. This week in AI, synthetic data rose to prominence. OpenAI last Thursday introduced Canvas, a new way to interact with ChatGPT, its AI-powered chatbot platform. Canvas opens a window with a workspace for writing and coding
This Week in AI: Tech giants embrace synthetic data Read More »
Zoom wants to turn you into an AI-animated, photorealistic avatar — but not until sometime next year. The upcoming feature, announced today at Zoom’s annual dev conference, will translate a video clip that users record of themselves into a digital clone — complete with a head, upper arms, and shoulders. Users will be able to
Zoom’s custom AI avatar tool may come with risks Read More »
Amazon is revamping its subscription offerings for its Ring video doorbells and cameras. A new service, called Ring Home Premium, will include features like 24/7 recording and AI-powered video search, starting at $19.99 per month when it launches on November 5 in the U.S. Less-expensive tiers, Ring Home Standard and Ring Home Basic, will bundle
Amazon revamps Ring subscriptions with AI video search Read More »
Distributional, an AI testing platform founded by Intel’s former GM of AI software, Scott Clark, has closed a $19 million Series A funding round led by Two Sigma Ventures. Clark says that Distributional was inspired by the AI testing problems he ran into while applying AI at Intel, and — before that — his work at
Distributional raises $19M to automate AI model and app testing Read More »
Chipmaker Nvidia notched $30 billion in revenue last fiscal quarter, driven in large part by the AI industry’s insatiable demand for GPUs. GPUs are essential for training and running AI models; they contain thousands of cores that work in parallel to quickly perform the linear algebra equations scaffolding the models. The appetite for AI remains
TensorWave thinks it can break Nvidia’s grip on AI compute with an AMD-powered cloud Read More »
