The latest around generative AI as a whole. Stay up-to-date about current discussions and trends, new findings, and more.
Meta has acquired Manus, a Singapore-based AI startup, for more than $2 billion. The deal represents one of the first major acquisitions by a U.S. tech company of a startup with Chinese roots, according to the Wall Street Journal. Manus builds general-purpose AI agents that autonomously execute complex tasks such as market research, coding, data …
Nvidia has entered into a licensing agreement with AI chip startup Groq, acquiring rights to the company’s inference technology. According to investor Alex Davis, whose firm Disruptive led Groq’s recent funding round, the deal is valued at approximately $20 billion in cash, making it Nvidia’s largest acquisition to date. The agreement includes the transfer of …
OpenAI has significantly improved the profit margins on its paid products this year, even as the company struggles to turn an overall profit. The ChatGPT creator now retains 70 percent of revenue after covering the computing costs for paying customers, according to a report in The Information. Mark Bergen reports for Bloomberg that OpenAI’s “compute …
OpenAI aims to raise up to 100 billion dollars in a new funding round that could value the startup at 830 billion dollars. Kate Clark and Berber Jin report for The Wall Street Journal that the company needs this capital to fund its expansion. This fundraising effort comes at a time when the initial public …
Disney has sent a cease-and-desist letter to Google, alleging that the tech giant is using artificial intelligence to infringe copyrights on a massive scale. Todd Spangler reports for Variety. The entertainment company claims Google copies Disney’s copyrighted works without authorization to train generative AI models. Disney also alleges that Google uses these models to distribute …
Disney and OpenAI have announced a three-year licensing agreement that allows users to create videos featuring over 200 Disney characters using the Sora AI video platform. Disney will invest $1 billion in OpenAI and receive warrants for additional equity as part of the deal. The agreement covers characters from Disney, Marvel, Pixar, and Star Wars …
A suspected AI-generated image showing false damage to a railway bridge halted 32 trains following an earthquake in Lancashire and the southern Lake District. The BBC reports that Network Rail stopped services across Carlisle Bridge in Lancaster at 00:30 GMT on Thursday after the manipulated picture appeared on social media. A BBC journalist analysed the …
ChatGPT is becoming a more significant source of traffic for online retailers. According to a new analysis, referrals from ChatGPT to retailer mobile apps increased by 28 percent year-over-year during the Black Friday shopping weekend. Sarah Perez reports for TechCrunch, citing data from the mobile insights firm Apptopia. The report shows that this growth disproportionately …
The banking giant HSBC has signed a deal with the French artificial intelligence company Mistral. The partnership will give HSBC access to Mistral’s generative AI models. Ortenca Aliaj reports for the Financial Times that the collaboration reflects a broader trend of traditional lenders adopting new technologies to boost productivity and lower costs. HSBC and Mistral …
OpenAI is facing significant competitive pressure, primarily from Google’s new AI model, Gemini 3. In an internal memo, OpenAI’s chief executive Sam Altman declared a “code red” to improve ChatGPT, telling staff the company is at a “critical time.” He warned that the launch of Gemini 3, which has outperformed rivals on several benchmarks, could …