In August, Elon Musk’s xAI promised to make Grok, the company’s flagship generative AI model powering a number of features on X, available via an API. Now, that API has arrived — albeit a bit bare-bones at the moment. The xAI API only has a single model, “grok-beta,” priced at $5 per million input tokens […]
xAI, Elon Musk’s AI startup, launches an API Read More »
Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook. In Q3 2024, VCs invested $3.9 billion in generative AI startups across 206 deals, per PitchBook. (That’s not counting OpenAI‘s $6.6 billion round.) And $2.9 billion of that funding went to U.S.-based
Investments in generative AI startups topped $3.9B in Q3 2024 Read More »
Midjourney is planning to release an upgraded web tool that’ll let users edit any uploaded images from the web using Midjourney’s generative AI. The upgraded tool, which Midjourney CEO David Holtz said will be released “early next week,” will also allow users to retexture objects in images to “repaint” their colors and details according to
Midjourney plans to let anyone on the web edit images with AI Read More »
Anthropic, the AI vendor second in size only to OpenAI, has a powerful family of generative AI models called Claude. These models can perform a range of tasks, from captioning images and writing emails to solving math and coding challenges. With Anthropic’s model ecosystem growing so quickly, it can be tough to keep track of
Claude: Everything you need to know about Anthropic’s AI Read More »
French AI startup Mistral has released its first generative AI models designed to be run on edge devices, like laptops and phones. The new family of models, which Mistral is calling “Les Ministraux,” can be used or tuned for a variety of applications, from basic text generation to working in conjunction with more capable models
Mistral releases new AI models optimized for laptops and phones Read More »
The New York Times sent a cease and desist letter demanding that Jeff Bezos-backed Perplexity stop accessing and using its content in AI summaries and other output. The Wall Street Journal reviewed the document. The letter argues that Perplexity has been “unjustly enriched” by using the publisher’s “expressive, carefully written and researched, and edited journalism
The New York Times has had it with generative AI companies using its content Read More »
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 »
Microsoft has lost an AI expert and OpenAI gained one, after the former’s VP of generative AI research Sebastian Bubeck left for the latter. The Information first reported the move, and Reuters also confirmed the departure with Microsoft. We know Bubeck as one of the main authors of papers describing Microsoft’s Phi models, a series
OpenAI snatches up Microsoft generative AI research lead 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 »
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 »
