Generative AI

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

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 […]

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

Genspark is the latest attempt at an AI-powered search engine

Fundraising /

Move over, Perplexity. There’s a new AI-powered search engine in town — and its creators think it can best the many, many other attempts out there. Called Genspark, the platform taps generative AI to write custom summaries in response to search queries. Type in a search like, “What’s the best baby formula for newborns?” and

Genspark is the latest attempt at an AI-powered search engine Read More »

Decagon claims its customers service bots are smarter than average

Fundraising /

One red-hot category in the generative AI space is customer support, which isn’t surprising, really, when you consider the tech’s potential to cut contact center costs while increasing scale. Critics argue that generative AI-powered customer support tech could depress wages, lead to layoffs and ultimately deliver a more error-prone end-user experience. Proponents, on the other

Decagon claims its customers service bots are smarter than average Read More »

Waabi’s genAI promises to do so much more than power self-driving trucks

Fundraising /

For the last two decades, Raquel Urtasun, founder and CEO of autonomous trucking startup Waabi, has been developing AI systems that can reason as a human would.  The AI pioneer had previously served as the chief scientist at Uber ATG before launching Waabi in 2021. Waabi launched with an “AI-first approach” to speed up the

Waabi’s genAI promises to do so much more than power self-driving trucks Read More »

CuspAI raises $30M to create a Gen-AI-driven search engine for new materials

AI /

The modern method of coming up with new materials is to make something and then use a computer to work out whether the material came out correctly. But what if you flipped that around, using generative-AI-driven software to design the material in the first place? That’s the premise behind Cambridge, U.K.-based CuspAI, which has now

CuspAI raises $30M to create a Gen-AI-driven search engine for new materials Read More »

DeepMind’s new AI generates soundtracks and dialogue for videos

AI /

DeepMind, Google’s AI research lab, says it’s developing AI tech to generate soundtracks for videos. In a post on its official blog, DeepMind says that it sees the tech, V2A (short for “video-to-audio”), as an essential piece of the AI-generated media puzzle. While plenty of orgs including DeepMind have developed video-generating AI models, these models

DeepMind’s new AI generates soundtracks and dialogue for videos Read More »

Runway’s new video-generating AI, Gen-3, offers improved controls

AI /

The race to high-quality, AI-generated videos is heating up. On Monday, Runway, a company building generative AI tools geared toward film and image content creators, unveiled Gen-3 Alpha. The company’s latest AI model generates video clips from text descriptions and still images. Runway says the model delivers a “major” improvement in generation speed and fidelity over

Runway’s new video-generating AI, Gen-3, offers improved controls Read More »

TikTok ads and branded content will now include AI avatars of creators and stock actors

AI /

TikTok announced on Monday that it’s introducing generative AI avatars of creators and stock actors for branded content and ads on its platform. The company is also launching an “AI Dubbing” tool for creators and brands to expand the reach of their ads and branded content.  The new “Custom Avatars” are designed to represent a

TikTok ads and branded content will now include AI avatars of creators and stock actors Read More »

How much does ChatGPT cost? Everything you need to know about OpenAI’s pricing plans

Apps /

OpenAI’s AI-powered chatbot platform ChatGPT keeps expanding with new features. It now offers a store — the GPT Store — for AI-powered applications and services. The recently introduced memories feature lets you save preferences so that chats are more tailored to you. And soon, ChatGPT will gain an upgraded voice mode, letting you interact with

How much does ChatGPT cost? Everything you need to know about OpenAI’s pricing plans Read More »

Amazon says it’ll spend $230 million on generative AI startups

Enterprise /

Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services.

Amazon says it’ll spend $230 million on generative AI startups Read More »