The latest around generative AI as a whole. Stay up-to-date about current discussions and trends, new findings, and more.
AMI Labs, the startup founded by former Meta chief AI scientist Yann LeCun, has raised more than $1bn in its seed round, making it the largest seed funding round ever secured by a European company. Sifted reports that investors include chip giant Nvidia, Singapore’s Temasek, French firms Cathay Innovation and Daphni, German VC HV Capital, …
Netflix has acquired InterPositive, an AI tools company founded by actor and filmmaker Ben Affleck, who will now serve as a senior adviser to the streaming giant. Todd Spangler reports for Variety. The full 16-person team of engineers, researchers and creatives will join Netflix as part of the deal. Financial terms were not disclosed. InterPositive, …
OpenAI has closed a $110 billion funding round, valuing the company at $730 billion. Amazon contributed $50 billion, Nvidia $30 billion, and SoftBank $30 billion. Additional investors are expected to join. The round is the largest private financing in history, surpassing OpenAI’s own $40 billion round from the previous year. Amazon’s $50 billion commitment begins …
OpenAI is nearing the close of a landmark funding round expected to exceed $100 billion, which would set a new record for startup financing. Bloomberg reports that the deal could push OpenAI’s total valuation beyond $850 billion, up from an earlier estimate of $830 billion. The company’s pre-money valuation stands at $730 billion. The first …
A bug in Google Gemini is causing chat histories to disappear from the sidebar for a large number of users. Entire conversation lists are going blank, with some users losing up to a year of stored chats. Reports have surfaced on Reddit, Google’s own support forums, and other platforms, affecting both free and paid subscribers …
French AI company Mistral has reported a 20-fold increase in revenue over the past year, reaching an annualised run rate of more than $400 million. CEO Arthur Mensch attributed the growth in part to rising European demand for AI services that are independent from American technology providers. Mistral, founded in 2023 and valued at around …
ByteDance faces mounting pressure from major entertainment companies over its Seedance video generation tool. Disney and Paramount Skydance have sent cease-and-desist letters to the Chinese technology giant, accusing it of copyright infringement. Disney’s lawyers claim ByteDance provides users with a “pirated library” of copyrighted characters from Star Wars, Marvel and other franchises. David Singer, a …
OpenAI has removed the word “safely” from its mission statement, a change documented in its 2024 tax filing with the Internal Revenue Service. The deletion coincides with the company’s transformation from a nonprofit organization into a for-profit business. The original mission statement from 2022 and 2023 read: “to build general-purpose artificial intelligence (AI) that safely …
Peter Steinberger, creator of the open-source AI agent framework OpenClaw, joins OpenAI to work on bringing AI agents to mainstream users. OpenClaw will transition to an independent foundation while OpenAI sponsors the project. Steinberger built OpenClaw as a personal project that unexpectedly gained massive adoption. The framework attracted 196,000 GitHub stars and 2 million weekly …
ByteDance has released Seedance 2.0, an artificial intelligence model that generates videos from text prompts. The system can process text, images, audio, and video simultaneously. ByteDance states the technology is designed for professional film, e-commerce, and advertising productions. The model has generated significant attention on social media. One viral video depicted a rooftop fight between …