### Title Meta introduces Llama 2, an enhanced set of AI models for text generation ### Important Facts - π Meta has launched a new family of AI models called Llama 2 - π¬ Llama 2 is specifically designed to power chatbots like OpenAI's ChatGPT and Bing Chat - π The performance of Llama 2 surpasses the previous generation of Llama models ### Secondary Facts - π Llama 2 is trained on a combination of publicly available data - π± The generative AI landscape continues to expand with the introduction of Llama 2
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 11:13:05 PM |
### Title AI-generated fake TV episode showcased during writers strike raises concerns ### Important Facts - π¨ An AI that can "write, animate, direct, voice, edit" a whole TV show was soft-launched - πΊ A fake South Park episode was created to demonstrate the capabilities of the AI - π₯ The TV and film industry is currently facing a strike by creatives - π€ The combination of the strike and the threat of AI-based writing and effects creates a complex situation in show business ### Secondary Facts - β οΈ The soft-launch of the AI during the strike may not be well-received - π The AI's ability to perform multiple tasks involved in creating a TV show is noteworthy
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 10:43:12 PM |
### Title Meta launches Open Innovation AI Research Community ### Important Facts - π Meta is launching the Open Innovation AI Research Community - πΌ The community aims to foster transparency, innovation, and collaboration among AI researchers ### Secondary Facts - π Meta wants to stay relevant in the growing field of AI - β° The company is devoting few resources to the new organization
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 06:33:05 PM |
### Title Authors urge AI makers to stop using their works without permission ### Important Facts - π Thousands of authors have signed a letter calling on AI makers to cease using their books without authorization. - π€ GPT-4, an AI model, can imitate the writing style of famous authors like Carmen Machado, Margaret Atwood, and Alexander Chee. - π The AI likely learned from these authors' works during its training process. - β Many authors are unhappy with the fact that their creativity is being used by AI models without their consent. ### Secondary Facts - π‘ GPT-4's ability to mimic renowned authors' styles is due to ingesting their works during training.
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 05:43:06 PM |
### Title Cognaize raises $18M to develop an advanced AI system for the finance sector, with human involvement ### Important Facts - π° Cognaize secures $18 million in funding to create a more sophisticated AI system for finance - π€ The new system aims to keep humans involved in decision-making processes - πΌ Artificial intelligence has significantly impacted the finance industry over time - π¦ Neobanks have utilized AI to personalize services for customers - π Digital providers have used AI to detect fraud and security issues ### Secondary Facts - π Analysts have employed AI for predictive modeling in investments - πΈ Lenders have relied on AI to evaluate loan applications
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 04:23:05 PM |
### Title Microsoft introduces Vector Search and Voice Cloning in Azure ### Important Facts - π Microsoft launches Vector Search, an AI feature for Azure Cognitive search - ποΈ Voice cloning is now available in general availability on Azure - π‘ Vector Search uses machine learning to enhance search capabilities for unstructured data - π It captures the meaning and context of images and text to make search faster - π Vector Search is currently in preview mode on Azure Cognitive search ### Secondary Facts - π» The announcement was made at Microsoft's annual Inspire conference - π These new AI features are aimed at improving Azure's capabilities - ποΈ Vector Search can be used to search through various types of unstructured data
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 03:43:07 PM |
### Title Microsoft introduces Bing Chat Enterprise for enhanced data privacy and governance ### Important Facts - Microsoft unveils Bing Chat Enterprise at its annual Inspire conference - Bing Chat Enterprise is a version of Bing Chat designed for the enterprise market - It offers business-focused data privacy and governance controls - Chat data is not saved, ensuring enhanced data security - Microsoft cannot access customer's employee or business data and customer data is not used to train AI models ### Secondary Facts - Bing Chat is an AI-powered chatbot experience developed by Microsoft
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 03:33:06 PM |
### Title Hammerspace secures $56M funding to revolutionize work with unstructured data ### Important Facts - π° Hammerspace, a five-year-old startup, has raised $56 million in its first institutional investment round. - π The funding will support the expansion of Hammerspace's business and its innovative approach to working with vast amounts of unstructured data. - πΌ Prosperity7 Ventures, the venture arm of Saudi Aramco, is leading the funding round. - π‘ Other investors participating in the round include ARK Invest, Pier 88 Hedge Fund, Samsung, and undisclosed parties. - π Hammerspace aims to extract and utilize data effectively, positioning it as a key player in the growing importance of data management. ### Secondary Facts - π₯ The funding round marks an important milestone for Hammerspace as it receives external investment for the first time. - π Hammerspace's unique technology offers a new lease of life to unstructured data, enabling businesses to unlock its value. - π The participation of prominent investors like Prosperity7 Ventures and ARK Invest highlights the potential of Hammerspace's solution. - π The company's vision aligns with the increasing recognition of data as a valuable resource in various industries. - π― Hammerspace's expansion plans indicate confidence in its ability to address the challenges associated with managing large volumes of unstructured data.
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 12:53:08 PM |
### Title Tractable raises $65M led by SoftBank for AI-based car and property damage appraisals ### Important Facts - π° Tractable, an AI startup, has secured $65 million in funding. - π The funding round was led by SoftBank. - π Tractable uses computer vision and AI to remotely assess damage to cars and properties. - π The company plans to use the funding to expand its business operations. - π Tractable is one of the early movers in applying AI to the insurance industry. ### Secondary Facts - πΌ Artificial intelligence holds promise for transforming business operations across various industries. - π’ Tractable specializes in using computer vision technology for damage assessments. - π‘ The company's technology enables remote evaluations of car and property damages.
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 11:03:11 AM |
### Title Rice Robotics secures $7M funding and partners with SoftBank for office delivery ### Important Facts - π° Rice Robotics raises $7 million in funding - π€ Rice's robots deliver 7-Eleven products to SoftBank staff at their new headquarters in Tokyo - π¦ The robots can carry a 30kg payload and have a storage space of 39 x 27 x 34 cm ### Secondary Facts - π’ SoftBank is an important client for Rice Robotics - π The robots have cute, cartoonish blinking eyes
Source: https://techcrunch.com/category/artificial-intelligence/
2023-07-18 01:13:05 AM |