The latest around generative AI as a whole. Stay up-to-date about current discussions and trends, new findings, and more.
AI company Anthropic has secured $3.5 billion in new funding at a $61.5 billion valuation, according to Wall Street Journal reporter Berber Jin. The company behind the Claude chatbot initially sought $2 billion but increased the amount during investor talks. The funding round includes participation from Lightspeed Venture Partners, General Catalyst, and Bessemer Venture Partners, …
Chegg has filed a lawsuit against Google, claiming that Google’s AI Overviews feature in search results is damaging its business, CNBC reports. The online education company alleges that Google uses Chegg’s proprietary content without compensation and that AI-generated summaries appearing above regular search results are reducing traffic to its website. According to the lawsuit filed …
French AI company Mistral’s chatbot Le Chat has achieved one million downloads within 14 days of its launch. According to reporting by Romain Dillet for TechCrunch, the app quickly became the most downloaded free application on iOS in France. French President Emmanuel Macron publicly endorsed Le Chat over competitors like ChatGPT. The app enters a …
Spotify has expanded its AI audiobook capabilities through a new partnership with ElevenLabs, a leading AI voice technology provider. As reported by Jess Weatherbed for The Verge, the streaming platform will now accept audiobooks created using ElevenLabs’ voice synthesis software. The service supports narration in 29 languages and requires a Pro subscription of $99 monthly …
Mira Murati, former Chief Technology Officer at OpenAI, has unveiled her new venture, Thinking Machines Lab. The startup aims to develop artificial intelligence systems that prioritize human-AI collaboration rather than focusing solely on autonomous AI development. The company launches with approximately 30 employees, including several former OpenAI colleagues. Key leadership positions are filled by Barret …
Ilya Sutskever’s Safe Superintelligence (SSI) is raising over $1 billion at a valuation exceeding $30 billion, Bloomberg’s Kate Clark reports. Greenoaks Capital Partners leads the investment with $500 million. The startup, co-founded by Sutskever after leaving his position as OpenAI’s Chief Scientist, focuses exclusively on developing safe AI systems. SSI’s valuation has increased significantly from …
The New York Times is launching an internal artificial intelligence initiative that includes a new summarization tool called Echo and guidelines for AI use in the newsroom. According to reporting by Max Tani for Semafor, the media company is opening up AI training to its staff and approving several AI tools for editorial and product …
OpenAI’s board of directors has unanimously rejected a $97.4 billion takeover bid from Elon Musk and a group of investors. According to reporting by Cade Metz, Mike Isaac, and Jesus Jiménez in The New York Times, board chairman Bret Taylor stated that “OpenAI is not for sale.” The bid targeted the assets of OpenAI’s controlling …
A group of major news publishers, including Condé Nast and McClatchy, has filed a lawsuit against AI company Cohere for alleged copyright violations. According to Alexandra Bruell from The Wall Street Journal, the publishers claim Cohere used at least 4,000 copyrighted works to train its large language model without permission. The lawsuit, filed in New …
Major technology companies are mounting opposition to European Union regulations on artificial intelligence and market dominance, bolstered by support from the Trump administration. According to a Financial Times report by Barbara Moens, Hannah Murphy, and Michael Acton, Meta is leading efforts to weaken the EU’s AI Act implementation. The company has refused to sign the …