Anthropic is expanding to Europe and raising more money
The dynamic landscape of generative AI sees intense competition as companies vie for dominance in this burgeoning field. On the heels of OpenAI’s announcement regarding the latest iteration of its GPT large language model, its formidable rival in the United States,
OpenAI Startup Fund raises additional $5M
The OpenAI Startup Fund, an entity dedicated to investing in early-stage AI companies, has recently undergone a transition in its legal control, shifting from Sam Altman to Ian Hathaway. This transition comes alongside the closing of an additional $5 million in funding, as reported in a filing with the U.S. Securities and Exchange Commission.
Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash
Uber Technologies has made headlines with its announcement of the acquisition of Delivery Hero’s Foodpanda Taiwan unit for a staggering $950 million in cash. This strategic move is part of Uber Eats’ ambitious plan to fortify its foothold in Asia, with a particular focus on strengthening its position in Taiwan’s competitive market.
Tesla layoffs hit high performers, some departments slashed, sources say
Tesla executives told representatives Monday that the new cutbacks — which destroyed a few divisions by 20% and, surprisingly, hit superior workers — were to a great extent because of poor monetary execution, a source acquainted with the matter told Techon Ventures
Amazon Music follows Spotify with an AI playlist generator of its own, Maestro
Spotify isn’t the main organization to fiddle with utilizing artificial intelligence to create playlists — on Tuesday, Amazon said it would do likewise. Amazon Music is currently trying Maestro,,,,
Intel and others commit to building open generative AI tools for the enterprise
In its GitHub vault, OPEA proposes a rubric for evaluating generative simulated intelligence frameworks along four tomahawks: execution, elements, dependability, and “undertaking grade” availability. Execution as OPEA characterizes it relates to “black-box” benchmarks from certifiable use cases.
Investors are growing increasingly weary of AI
Following quite a while of income sans work, the simulated intelligence industry is confronting retribution. Another report from Stanford’s Establishment for Human-Focused Man-made Brainpower (HAI), which concentrates on artificial intelligence patterns, found that worldwide interest in computer-based intelligence succumbed for the second year straight in 2023.
Unlocking Business Potential: The Future of AI in Business Automation
In today’s dynamic business landscape, staying ahead of the competition requires embracing cutting-edge technologies that enhance efficiency, productivity, and innovation.