Microsoft is expanding its Office offerings with new AI features. A key innovation is “Copilot Pages”, a platform for collaborative work with AI. Users can work together on AI-generated content and enrich it with data from different sources. Microsoft describes this as an entirely new way of working that brings humans and AI together in …
AI startup 11x.ai has raised $24 million in a Series A funding round. The round was led by venture capital firm Benchmark. Founded in 2022, the company develops AI agents for process automation, which it describes as “automated digital employees”. 11x.ai focuses on sales, marketing, and revenue operations. The company is approaching $10 million in …
Runway is making its fast video generation model Gen-3 Alpha Turbo available via API. This allows companies to integrate the AI model into their own applications. As Shubham Sharma reports, Runway is one of the first companies to give developers access to a proprietary AI video generation model. The API is being rolled out in …
Apple is planning a gradual rollout of new AI features for iOS 18. According to a report by Joe Rossignol on MacRumors, the first “Apple Intelligence” features will be available with iOS 18.1 in October. More features will follow with iOS 18.2 in December, including expansion to more English-speaking countries and new tools like Image …
Fei-Fei Li, known as the “godmother of AI,” has founded a startup called World Labs. The company aims to develop AI systems that can construct complete worlds with the physics, logic, and details of our physical reality. Despite an alleged slowdown in the AI sector, investors have already poured $230 million into the project, valuing …
Companies can achieve significant cost savings by building their own conversational AI based on the open source model Llama 3. This is the result of an analysis by Sam Oliver, founder of OpenFi, published on VentureBeat. According to Oliver, an average conversation with Llama 3 costs about $0.08, while the same conversation with OpenAI’s GPT-4 …
Stephen Fry warns about the dangers and challenges of artificial intelligence. In a speech at King’s College London, he compares the development of AI to a slowly but steadily rising river that will fundamentally change our lives. The author and actor emphasizes that we can hardly foresee the impact of this technology. Fry calls for …
Investment in AI has reached unprecedented levels. As Nate Rattner and Tom Dotan report in their article for the Wall Street Journal, tech giants and investors are spending hundreds of billions of US dollars on AI. In the last quarter alone, Amazon, Microsoft, Alphabet, and Meta collectively invested more than $50 billion in capital expenditures, …
The Irish data protection authority is investigating Google for possible breaches of EU data protection rules in the development of its AI models. The focus is on whether Google conducted a privacy impact assessment for its PaLM2 AI language model, Natasha Lomas reports for TechCrunch. The agency is investigating whether Google sufficiently considered the risks …
Meta is changing the labeling of AI-edited content on its platforms. As the company announced in an updated blog post, the “AI Info” notice will now be found in a menu in the top-right corner of images and videos, Emma Roth reports for The Verge. Users will be able to see if AI info is …