Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook. In Q3 2024, VCs invested $3.9 billion in generative AI startups across 206 deals, per PitchBook. (That’s not counting OpenAI‘s $6.6 billion round.) And $2.9 billion of that funding went to U.S.-based […]
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Midjourney is planning to release an upgraded web tool that’ll let users edit any uploaded images from the web using Midjourney’s generative AI. The upgraded tool, which Midjourney CEO David Holtz said will be released “early next week,” will also allow users to retexture objects in images to “repaint” their colors and details according to […]
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Anthropic, the AI vendor second in size only to OpenAI, has a powerful family of generative AI models called Claude. These models can perform a range of tasks, from captioning images and writing emails to solving math and coding challenges. With Anthropic’s model ecosystem growing so quickly, it can be tough to keep track of […]
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Amazon is introducing new Ring subscription plans, including a tier that’ll bring 24/7 recording and AI-powered video search.
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The generative AI-based fact-checking firm launched by two Humane.AI expats is off to the races with $4 million in seed funding. The early round, led by Bee Partners, features a16z’s Scout Fund, Alumni Ventures, and FJ Labs. It values Infactory at $25 million. The San Francisco startup broke cover in July by way of a […]
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No one really knows what generative video models are useful for just yet, but that hasn’t stopped companies like Runway, OpenAI, and Meta from pouring millions into developing them. Meta’s latest is called Movie Gen, and true to its name turns text prompts into relatively realistic video with sound… but thankfully no voice just yet. […]
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Google is rolling out a redesigned AI Overviews experience — with ads — and expanding its test of AI-organized results pages.
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Lens, Google’s visual search app, can now analyze videos. Plus, it can identify products in photos — and, less excitingly, serve up related ads.
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Zoom plans to introduce a feature to let people effectively clone themselves digitally. There’s concerns that this could be misused.
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AI tends to make things up. That’s unappealing to just about anyone who uses it on a regular basis, but especially to businesses, for which fallacious results could hurt the bottom line. Half of workers responding to a recent survey from Salesforce say they worry answers from their company’s generative AI-powered systems are inaccurate. While […]
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