genAI

Scribe hits $1.3B valuation as it moves to show where AI will actually pay off

Startups /

After helping several enterprises document how work actually happens, Scribe has raised $75 million at a $1.3 billion post-money valuation to roll out Scribe Optimize, a platform that maps workflows across the enterprise to reveal where automation and AI will actually yield returns — instead of becoming another sunk cost. The all-equity Series C round […]

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AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

Fundraising /

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed

AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom Read More »

OpenAI doubles down on Asia, partners with Kakao after its big deal with SoftBank

Enterprise /

On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI’s American backyard, OpenAI is diving into expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and user behavior — a gateway to doing more business in these markets in the future

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Report: Majority of U.S. teens have lost trust in Big Tech

AI /

American teens have lost their faith in Big Tech, according to a new report from Common Sense Media, a nonprofit offering reviews and ratings for media and technology, which more recently includes AI products. In the study released Wednesday, the organization surveyed over 1,000 teens on whether major technology companies like Google, Apple, Meta, TikTok,

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How to switch off Apple Intelligence on your iPhone, iPad, and Mac

Security /

Apple released new software updates on Monday, including iOS 18.3, which automatically opts users into Apple Intelligence, at least for newer devices.  Unlike what the tech industry seems to think, or wants to believe, not everyone wants generative AI features enabled by default on their devices. You may want to switch off the new AI

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EU privacy body weighs in on some tricky GenAI lawfulness questions

Privacy /

The European Data Protection Board (EDPB) published an opinion on Wednesday that explores how AI developers might use personal data to develop and deploy AI models, such as large language models (LLMs), without falling foul of the bloc’s privacy laws. The Board plays a key steering role in the application of these laws, issuing guidance

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See Fei-Fei Li’s World Labs generate 3D environments from a single picture

AI /

World Labs has announced a new AI feature that turns 2D images into tiny worlds. This tool, the first from Fei-Fei Li’s highly hyped startup, takes a prompt or 2D reference image and spits out a fully navigable 3D environment.  By generating in 3D, World Labs can avoid some of the the control and consistency

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Apple iOS 18.2 public beta arrives with new AI features, but some remain waitlisted

AI /

Apple has released the AI-powered version of its latest mobile operating system, iOS 18.2, to its public beta users. The update includes new features like an AI emoji generator app called Genmoji, an Image Playground AI image app, ChatGPT integration with Siri, and visual search using the iPhone 16 cameras, among other things. Previously, these

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