A class action lawsuit filed by artists against Stability, Runway, and DeviantArt can move forward, with some claims dismissed and others surviving. The lawsuit alleges that the AI makers illegally trained their AIs on copyrighted works. The case could end up at trial, which would be a costly and drawn-out process.
2024-08-12 11:26:09 PM |
Balderton Capital, a European VC, has raised $1.3 billion across two funds, with $615 million for its Early Stage Fund IX and $685 million for its Growth Fund II. The raise was met with cautious optimism by VCs. The London-based firm pointed to research showing that European VC funds have outperformed US VCs over 10- and 15-year periods.
2024-08-12 06:06:10 PM |
Meta and Universal Music Group (UMG) expanded their multi-year music licensing agreement, enabling users to share UMG's music library across Meta's platforms without violating copyright. The agreement specifically addresses unauthorized AI-generated content, a growing concern for artists and songwriters. This move aims to protect the rights of creators and prevent AI companies from using their work without consent.
AIMeta | Rating: 60 | 2024-08-12 02:46:02 PM |
Polymarket, a prediction marketplace, is partnering with Perplexity, an AI-powered search engine, to display news summaries of events. When users click on an event on Polymarket, they will see a summary of news related to the event based on search results from Perplexity. The partnership also includes a search box and a column on Perplexity's Discover page.
2024-08-12 01:06:04 PM |
Amazon's Alexa turns 10, and despite losing money on Echo smart speakers, the company has successfully saturated the market with 400 million devices in 100 million homes. The devices division lost $25 billion, according to a report from The Wall Street Journal. Amazon's founder, Jeff Bezos, has claimed the success of Alexa.
2024-08-10 09:06:12 PM |
Elon Musk, CEO of Tesla, is working on a custom-built supercomputer called Dojo to train the company's Full Self-Driving (FSD) neural networks. The goal is to make cars drive themselves, but FSD is not yet fully self-driving and requires human attention. Tesla aims to cross the threshold from almost self-driving to full self-driving with more data, compute power, and training.
2024-08-10 07:06:12 PM |
Anysphere, a two-year-old startup, has raised $60 million in a Series A financing at a $400 million post-money valuation. The round was co-led by Andreessen Horowitz and Thrive Capital, with Patrick Collison, co-founder and CEO of Stripe, also participating. The company was co-founded by Michael Truell, Sauleh Asif, Arvid Lunnemark, and Aman Sanger while they were students at MIT.
2024-08-09 11:26:12 PM |
Rabbit's r1 AI assistant gadget has updated features, including a new 'beta rabbit' mode that adds conversational AI capabilities, allowing for more complex instructions and follow-up questions. The device can now set travel itineraries and timers, and provide information on books, including summaries.
2024-08-08 08:36:12 PM |
OpenAI's GPT-4o, a generative AI model, has been found to exhibit bizarre behaviors, including mimicking the voice of the person speaking to it or randomly shouting in conversations. The model, trained on voice, text, and image data, struggles to understand malformed speech, leading to these quirks. In rare instances, GPT-4o will emulate the user's voice, particularly in high background noise environments.
2024-08-08 07:36:10 PM |
SoundHound acquired Amelia AI for $80 million in cash and equity. Amelia AI is a New York-based company that offers an AI agent for businesses to customize for internal or customer use. The acquisition is part of SoundHound's strategy to expand its enterprise services.
2024-08-08 01:06:19 PM |