The latest around generative AI as a whole. Stay up-to-date about current discussions and trends, new findings, and more.
AI chipmaker Cerebras Systems has filed for an initial public offering on the Nasdaq. The company plans to trade under the ticker symbol “CBRS,” according to the prospectus. Cerebras competes with Nvidia in the AI chip market, claiming its WSE-3 chip has more cores and memory than Nvidia’s popular H100. In the first six months …
Durk Kingma, co-founder of OpenAI, is joining Anthropic. He announced this in a series of posts on X (formerly Twitter), as Kyle Wiggers reports for TechCrunch. Kingma will work primarily from the Netherlands but will regularly visit the office in San Francisco. He emphasized that Anthropic’s approach to AI development aligns strongly with his own …
Microsoft is launching payments to publishers for content appearing in Copilot. The company is introducing a new feature called “Copilot Daily,” which provides users with a spoken summary of weather and current events. As reported by Kyle Wiggers, Reuters, Axel Springer, Hearst Magazines, and The Financial Times have joined as partners for the service, initially …
Y Combinator faces criticism for backing AI startup PearAI that copied an existing open-source project and released it under a more restrictive license. As reported by Julie Bort, PearAI founder Duke Pan admitted to cloning the code from the Continue project. The issue arose when PearAI initially used its own license, created with ChatGPT, and …
E-learning platform Udemy has given course instructors only a three-week window to opt out of their AI training program, which has now expired. As Jason Koebler of 404 Media reports, the over 250,000 courses were automatically approved for AI training unless instructors actively objected. Many instructors criticize the approach as non-transparent and unfair. Udemy justifies …
California Governor Gavin Newsom has vetoed a controversial AI safety bill. The Democrat justified his decision by stating that the bill only considered the largest and most expensive AI models, without taking into account their use in high-risk situations. Newsom emphasized that smaller models could also make critical decisions, while larger models are often used …
OpenAI is experiencing explosive growth. Revenue rose to $300 million in August – an increase of 1,700 percent since the beginning of 2023. The company expects to reach $3.7 billion in revenue for the full year 2024. This is according to financial documents obtained by the New York Times. Despite the boom, OpenAI is in …
Top AI companies are reaching millions in revenue within a year – significantly earlier in the lifecycle than comparable technology companies outside of the AI sector, according to an analysis by payment provider Stripe. Specifically, the top 100 revenue-generating AI companies on Stripe’s platform took a median of 11 months to reach $1 million in …
The European Commission has announced the first 100+ signatories of the AI Pact. The voluntary pact aims to encourage companies to disclose their approaches to developing and using artificial intelligence. As Natasha Lomas reports for TechCrunch, Amazon, Google, Microsoft and OpenAI are among those who have signed up, while Apple and Meta are missing. The …
Meta CEO Mark Zuckerberg believes that the value of individual content for AI training is overestimated. In an interview with The Verge, he explains that while Meta will partner for important content, it would rather not pay for it. Zuckerberg sees the need to rethink fair use in the age of AI. Meta and other …