The latest around generative AI as a whole. Stay up-to-date about current discussions and trends, new findings, and more.
The $1.5 billion AI startup Builder.ai has filed for bankruptcy after revelations that it used human developers instead of artificial intelligence. Vinay Patel reports for International Business Times that the company’s supposed AI system was actually operated by 700 Indian programmers pretending to be automated bots. Builder.ai raised over $450 million from prominent investors including …
OpenAI and former Apple design chief Jony Ive have announced a major partnership that will see OpenAI acquire Ive’s hardware startup io in an all-stock deal valued at nearly $6.5 billion. The acquisition marks OpenAI’s largest purchase to date and signals the company’s serious ambitions to enter the hardware space. According to a joint statement …
A group of Lloyd’s of London insurers has launched a specialized insurance product to cover companies against losses caused by malfunctioning AI tools. As reported by Lee Harris and Melissa Heikkilä in the Financial Times, the policies developed by Y Combinator-backed startup Armilla will pay for damages and legal fees if companies face lawsuits due …
Perplexity AI is integrating PayPal to enable direct purchases within its chat interface. According to MacKenzie Sigalos from CNBC, U.S. customers will soon be able to book travel, buy products, and secure concert tickets without leaving the platform. PayPal will handle payment processing, shipping, tracking, and invoicing through one-click purchases with passkey checkout. This move …
Klarna is changing its customer service strategy by reintroducing human representatives after previously touting its AI chatbot as a replacement for 700 workers. According to Kristen Doerer from CX Dive, the buy now, pay later company now wants customers to always have the option to speak with a human. Klarna’s CEO Sebastian Siemiatkowski acknowledged in …
OpenAI has announced a significant reversal in its restructuring plans, stating that its nonprofit arm will retain control over the company’s operations even as it transitions its for-profit division to a public benefit corporation (PBC). This announcement represents a major shift from the company’s earlier intentions to convert more fully to a for-profit structure. In …
A new study by researchers from Cohere, Stanford, MIT, and Ai2 alleges that LM Arena, the organization behind the Chatbot Arena AI benchmark, provided preferential treatment to major AI companies. According to Maxwell Zeff’s TechCrunch report, companies like Meta, OpenAI, Google, and Amazon were allowed to privately test multiple model variants and only publish scores …
Google has expanded its AdSense for Search network to include advertisements within AI chatbot conversations, according to reporting by Julia Love for Bloomberg. This move is part of Alphabet’s strategy to maintain its digital advertising dominance as generative AI technology grows. Google tested the approach with AI startups including iAsk and Liner before wider implementation. …
Pinterest is introducing new features to help users identify and filter AI-generated content on its platform. Images created or edited with generative AI will now display an “AI modified” label in the bottom left corner when viewed up close. As reported by Jess Weatherbed in The Verge, Pinterest’s Chief Technology Officer Matt Madrigal stated that …
Meta is appearing in court today in a significant legal case that could determine whether tech companies can use copyrighted material to train AI models without permission. According to reporting by Cristina Criddle and Hannah Murphy in the Financial Times, about a dozen authors including Ta-Nehisi Coates and Richard Kadrey are suing the tech giant …