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Snapchat’s Bold Move: Investing $1.5 Billion Annually in AI Innovation
Snapchat is making a bold move by committing to invest a staggering $1.5 billion per year in artificial intelligence (AI) development. This substantial financial commitment underscores the company's determination to harness the power of AI and cement its position as a...
OpenAI Halts AI Voice Likened to Scarlett Johansson Amid Controversy
OpenAI, the prominent artificial intelligence research company, has faced a wave of criticism following the recent unveiling of their AI voice assistant, which many likened to the virtual companion portrayed by Scarlett Johansson in the movie "Her." In response to the...
Voxel51’s AI Vision: Unlocking Real-World Understanding Beyond Text and Language
In the ever-evolving landscape of artificial intelligence (AI), a significant challenge lies in enabling machines to comprehend the complexities of the real world beyond just text and language. Voxel51, a pioneering AI company, has secured $30 million in funding to...
US and China Engage in Crucial Dialogue on AI Risks and Governance
Amidst the rapid proliferation of artificial intelligence (AI) technology, the United States and China have taken a significant step by engaging in a crucial dialogue in Geneva to address the potential risks and governance challenges posed by this transformative...
Making AI More Affordable: Malted AI Secures £6 Million to Develop Cost-Effective Small Language Models
Malted AI, a pioneering Scottish startup, is making waves in the field of artificial intelligence (AI) by developing cost-effective small language models (SLMs). Unlike large language models (LLMs) that require immense computational power and resources, SLMs are...
Weka Secures $140M Funding Amid AI Data Platform Surge
As the AI revolution continues to gain momentum, the need for robust data platforms has become increasingly crucial. In a testament to this growing demand, Weka, a pioneering company in the field of data management for AI and technical workloads, has successfully...