November 14, 2024
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OpenAI accuses New York Times of ‘hacking’ AI models in a counterclaim lawsuit over copyright infringement
Nickie Louise Posted On February 28, 2024


OpenAI has requested a dismissal of the New York Times (NYT’s) copyright lawsuit filed in December, alleging manipulation of AI its systems through “hacking” to fabricate misleading evidence against the company. In a legal maneuver that adds another twist to […]


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French AI startup Mistral AI releases new large language model and companion chatbot to rival GPT-4 and Claude 2
Nickie Louise Posted On February 27, 2024


French AI startup Mistral AI has released a new language model called Mistral Large aimed at directly challenging prominent models such as GPT-4 and Claude 2. Mistral Large is specifically designed to compete in various areas including text generation, translation, […]


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Enkrypt AI secures $2.35M in funding to build visibility and security infrastructure for Generative AI
Nickie Louise Posted On February 27, 2024


In just a span of two years, artificial intelligence (AI) has evolved from a mere futuristic idea embraced by select tech companies to a game-changing force set to reshape our world in years to come. The surge in popularity of […]


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Google to relaunch its controversial image tool ‘Gemini’ in a few weeks after ‘woke’ AI disaster
Nickie Louise Posted On February 27, 2024


In a move to address mounting criticism, Google is gearing up for the relaunch of its AI image generation tool, Gemini, which faced backlash for inaccuracies in historical depictions. The tech giant temporarily halted the tool after users reported issues, […]


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OpenAI is launching “Feather,” a new AI platform shrouded in secrecy
Nickie Louise Posted On February 26, 2024


OpenAI once again is sparking curiosity with a mysterious new AI tool called “Feather.” Speculation has been rife lately as the online community stumbled upon an OpenAI landing page titled ‘Feather,’ accompanied by a patent filing detailing its role in […]


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Bezos, Nvidia back $675M funding for humanoid robot startup Figure AI; now valued at $2 billion
Nickie Louise Posted On February 26, 2024


Figure AI, an AI startup known for developing general-purpose humanoid robots, has raised $675 million in new funding, Bloomberg reported, citing sources familiar with the matter. The new capital infusion pushes Figure AI’s pre-money valuation to $2 billion from $400 […]


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Disney makes major investments in AI: Backs five AI and VR tech startups in its 10th Accelerator Program
Nickie Louise Posted On February 23, 2024


As artificial intelligence (AI) maintains its stronghold in the tech world, investors and tech giants are doubling down on promising startups to stay ahead of the curve. The latest player to join the fray is Disney, the world’s largest and […]


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Google suspends image generation in Gemini AI due to inaccuracies in historical image depictions 
Nickie Louise Posted On February 22, 2024


Google’s latest venture into artificial intelligence, with its Gemini AI tool, has grabbed headlines. However, just days after unveiling its much-anticipated image generation feature, the tech giant is already facing backlash from angry users. In response to mounting criticism, Alphabet’s […]


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AI startup Jasper acquires image generator Clipdrop from Stability AI for text & image creation
Nickie Louise Posted On February 22, 2024


AI writing assistant startup Jasper announced on Thursday it has acquired the AI-powered photo application Clipdrop from Stability AI. This bold move signifies Jasper’s transition from solely focusing on text editing to embracing image creation and photo editing. The terms […]


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Reddit strikes a $60 million AI content licensing deal with Google
Nickie Louise Posted On February 22, 2024


Only three days following initial reports of social media platform Reddit’s $60-million AI content licensing deal with an undisclosed AI company, Reuters has now disclosed the identity of the AI firm. In an exclusive report last night, Reuters revealed that […]


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Loora raises $12M in Series A funding to expand its generative AI English tutoring platform
Nickie Louise Posted On February 21, 2024


The worldwide market for learning English is forecasted to exceed $70 billion by 2030. This growth is being fueled by a continued desire among people to improve their English skills, opening up better job prospects and social opportunities. Additionally, the […]


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Google releases ‘open’ AI model Gemma, joining Meta in the open-source AI race
Nickie Louise Posted On February 21, 2024


In a move that mirrors Meta’s earlier release, Google has ventured into the world of open-source AI, unveiling new AI models that are available for anyone keen on experimenting and innovating. On Wednesday, Google released Gemma, a new set of […]


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Getty-backed AI startup BRIA raises $24M in Series A funding for ‘responsible’ AI image generation
Nickie Louise Posted On February 21, 2024


Israel-based generative AI startup BRIA has secured $24 million in Series A funding to expand its responsible and ethical visual generative AI platform. The round was led by GFT Ventures, Intel Capital, and Entree Capital, along with support from notable […]


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EdTech startup Mindgrasp AI scales from zero to 500,000 users in 12 months. Here’s how
Daniel Levi Posted On February 20, 2024


In 2021, Mindgrasp AI emerged from the vibrant corridors of the Maryland Innovation Center with a lofty goal – to serve as an artificial intelligence learning assistant for both students and professionals. Little did this EdTech startup from Maryland know […]


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Microsoft invests $2.1 billion to boost Spain’s AI industry 
Nickie Louise Posted On February 20, 2024


Just days after Microsoft made a massive €3.2 billion investment in AI in Germany, the tech giant is now directing billions toward Spain. Microsoft revealed plans on Monday to inject $2.1 billion into expanding its artificial intelligence (AI) and cloud […]


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Reddit strikes a deal to sell user content to large AI company for $60 million a year
Daniel Levi Posted On February 19, 2024


Over the past two decades, Reddit users have created a trove of content, sharing thoughts, ideas, memes, and other creations without financial reward. Now, this valuable data has reportedly been licensed for AI training, sparking backlash and a wave of […]


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SoftBank founder seeking to raise $100B for AI chip initiative to challenge Nvidia’s AI chip dominance
Nickie Louise Posted On February 19, 2024


SoftBank founder and CEO is reportedly seeking to raise a staggering $100 billion for a new AI chip venture that could potentially challenge Nvidia’s dominance in the industry, Bloomberg reported, citing sources close to the matter. The project, codenamed “Project […]


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OpenAI soars to $80 billion valuation in latest deal
Nickie Louise Posted On February 19, 2024


OpenAI has closed a deal that values the Microsoft-backed company at a staggering $80 billion or even more, nearly tripling its valuation in less than 10 months, according to an exclusive report from the New York Times. This marks a significant […]


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Sora: OpenAI unveils video AI model Sora that will let you create videos from text prompts
Nickie Louise Posted On February 15, 2024


OpenAI on Thursday unveiled its latest creation, Sora, boasting its capability to craft convincing and imaginative 60-second videos based on brief text prompts. In a blog post, the creator of the popular ChatGPT said the Sora is capable of translating textual […]


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OpenAI vs Google: OpenAI is reportedly developing a web search engine to challenge Google’s dominance
Nickie Louise Posted On February 15, 2024


In a potential game-changing move that could impact billions of Internet users, OpenAI is said to be in the process of developing a web search product. This initiative would position the creator of the widely used ChatGPT in direct competition […]


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