Business

Valor, a16z, and Sequoia Invest $6B in Elon Musk’s xAI

In one of the biggest transactions in the fiercely competitive early market, Elon Musk’s artificial intelligence company, xAI, announced today that it had raised $6 billion in a new investment round. With this money, he plans to aggressively take on competitors like OpenAI, Microsoft, and Google. Investors in xAI’s Series B raising money include Valor…

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Users Might Generate Custom Emojis with AI in iOS 18 according to Report

With the iOS 18 update, Apple is apparently preparing to provide a few significant new features for the iPhone. The new operating system is expected to be unveiled by the Cupertino, California-based tech giant on June 10 at the Worldwide Developers Conference (WWDC) 2024. According to a recent rumor, the company may roll out customized…

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No one will have a job”: Elon Musk’s greatest fear is artificial intelligence

According to CNN, Elon Musk, the CEO of Tesla, believes that artificial intelligence (AI) will eventually replace all employment and that this is not necessarily a bad thing. “Probably none of us will have a job,” Musk remarked on Thursday while speaking at a startup and innovation event in Paris. During his webcam speech at…

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Android will soon have a feature to detect scam calls using artificial intelligence

In an effort to protect Android users against phone scammers, Google is developing new protections. Google revealed on Tuesday at its I/O developer conference that it is developing a new call monitoring function that will alert users to the possibility that the person they are speaking with is probably trying to defraud them and prompt…

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What does Phi-3 bring to users? : Microsoft’s smallest AI model

Small language models are easier to use and more accessible for organizations with limited resources. They can also be more quickly adjusted to fit specific needs. Small language models are made to function well for basic activities. Microsoft has released a new language model called Phi 3, continuing its AI spree. Microsoft claims that compact…

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Adobe is exploring a partnership with OpenAI to add AI features to Premiere Pro

According to the Us software company, Adobe, third-party generative artificial intelligence tools like OpenAI’s Sora and others are being integrated into its popular video editing software in its early phases. This was announced on Monday. The television and film industries make extensive use of Adobe’s Premiere Pro application. This year, the San Jose, California-based startup…

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AI chatbot across Whatsapp and Instagram in India testing by Meta

Facebook’s parent company, Meta, has been testing a chatbot with artificial intelligence that they may call Meta AI. The chatbot is being tested with a subset of Indian users across its suite of platforms, which includes WhatsApp, Instagram, and Messenger. Integration of Instagram: Users can engage directly and one-on-one with Meta AI on Instagram by…

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“I didn’t expect ChatGPT to get so good,” says Bill Gates to Sam Altman

Artificial Intelligence (AI) is an amazing thing, according to Microsoft founder Bill Gates, who was hosting OpenAI CEO Sam Altman. However, he was “very skeptical” about ChatGPT at first and hadn’t anticipated it to get “so good”. The tech tycoon also expressed his worries about the new and quickly advancing technology “with no upper bound”…

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An open source toolkit to support the development of AI models from Google

One of Google’s two main yearly developer conferences, Cloud Next (together with I/O) often offers only managed and other closed source, gated behind locked-down APIs products and services. But this year, Google unveiled a series of open source tools mostly intended to support generative AI projects and infrastructure, maybe in an effort to promote developer…

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Stocks of Google are down today due to new concerns about artificial intelligence

An analyst at Bank of America advises investors to consider the potential benefits and risks of Alphabet (GOOGL), the parent company of Google, before considering charging customers for its new AI-powered internet search tools. In response to a Financial Times story, Google’s stock dropped on Thursday. “(According to the FT), Google would add certain AI-powered…

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