The latest around generative AI as a whole. Stay up-to-date about current discussions and trends, new findings, and more.
Stability AI has achieved significant financial turnaround under new CEO Prem Akkaraju, according to statements made at Fortune’s Brainstorm AI conference. As reported by Kali Hays for Fortune, the AI company has eliminated all debt and experienced triple-digit growth in its API and licensing business. Akkaraju, who joined six months ago alongside new investors including …
Security researchers discovered malicious code in two versions of Ultralytics’ YOLO AI model that installed cryptocurrency mining software on users’ devices. According to Bill Toulas from Bleeping Computer, versions 8.3.41 and 8.3.42 of the popular computer vision software were compromised through a supply chain attack. Ultralytics CEO Glenn Jocher confirmed that the affected versions have …
A recent report by Recorded Future reveals that ElevenLabs’ AI voice generation technology was “very likely” used in a Russian influence operation targeting European audiences. According to technology reporter Charles Rollet writing for TechCrunch, the campaign, called “Operation Undercut,” created misleading news videos with AI-generated voiceovers to undermine support for Ukraine. The U.S. government-sanctioned Social …
Elon Musk’s artificial intelligence company xAI has secured $6 billion in new funding from 97 investors, according to a U.S. Securities and Exchange Commission filing on Thursday. Kyle Wiggers reports for TechCrunch that the minimum investment was $77,593, with expected participants including Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz. The funding doubles xAI’s total …
Meta Platforms is investing $10 billion to build its largest data center to date in Louisiana’s Richland Parish, according to a Reuters report by Priyanka G and Seher Dareen. The hyperscaler facility, designed to process AI workloads, will be powered by renewable energy through a partnership with utility provider Entergy. Construction is set to begin …
Three leading members of Google’s NotebookLM team have departed the company to establish their own AI venture, according to reporting by Charles Rollet for TechCrunch. Former team lead Raiza Martin, designer Jason Spielman, and engineer Stephen Hughes will focus on developing consumer-oriented artificial intelligence products. The startup remains in stealth mode with minimal public information …
Elon Musk’s artificial intelligence company xAI plans to increase its Colossus supercomputer capacity to more than 1 million graphics processing units. According to a report by Stephen Morris and Tabby Kinder in the Financial Times, the expansion will take place at the facility in Memphis, Tennessee. The current system, built in just three months, already …
OpenAI has formed a partnership with defense technology company Anduril to develop AI systems for countering unmanned aircraft threats in national security missions. According to reporting by Hayden Field for CNBC, the collaboration will focus on improving real-time detection and response to aerial threats while reducing the burden on human operators. The partnership marks a …
Vanguard’s chief economist Joe Davis cautions that investors have overestimated the short-term potential of artificial intelligence technologies, suggesting a market correction may be imminent. In an article published by the Financial Times, Davis explains that while AI could be more impactful than personal computers, current market valuations reflect unrealistic expectations. The stock market is pricing …
OpenAI has appointed Kate Rouch as its first chief marketing officer, marking a significant step in the company’s growth strategy. According to reporting by Hayden Field for CNBC, Rouch brings extensive experience from her previous roles at Coinbase and Meta. The AI company, now valued at $157 billion, secured $13 billion in funding from Microsoft …