SQream calls in $45M to expand its GPU-based big data analytics platform
Back in 2010, Israeli data analytics startup SQream made a bet on the potential of GPUs as a cornerstone of enabling the processing and querying of big datasets, an area that it believed would only grow as datasets became larger and larger. That bet has very much paid off — not just because o
‘Exadelic’ takes a shot at being Silicon Valley’s ‘Ready Player One’
We don’t often review books at technewss, let alone fiction, but sometimes a work comes along that is just so carefully tuned to the ecosystem we cover that it justifies a quick post. And so here we have “Exadelic,” a sci-fi novel by erstwhile TC contributor Jon Evans, who does h
The FTC is setting its sights on generative AI
Watershed technological transitions can usher in opportunities for new entrants to challenge market leaders. These rare paradigm shifts redefine how companies compete for customers and resources. The emergence of generative artificial intelligence (AI) is a quintessential example of how innovation
AI app Character.ai is catching up to ChatGPT in the US
Character.ai, the AI app maker that lets users design their own AI characters, is catching up to ChatGPT in terms of mobile app usage. According to a recent analysis by market intelligence firm Similarweb, the iOS and Android apps for the a16z-backed Character.ai are now seeing 4.2 million monthly
Google.org to invest $20M into AI-focused grants for think tanks and academic institutions
Ahead of Wednesday’s AI-focused private congressional meeting with tech giants, Google this morning announced a new initiative aimed at supporting researchers and public policy solutions around AI with the debut of the Digital Futures Project. As part of the effort, Google’s charitable
LexisNexis is embracing generative AI to ease legal writing and research
Last June, just months after the release of ChatGPT from OpenAI, a couple of New York City lawyers infamously used the tool to write a very poor brief. The AI cited fake cases, leading to an uproar, an angry judge and two very embarrassed attorneys. It was proof that while bots like ChatGPT can be
5 steps for assembling AI-driven business teams
As startups navigate how to operate with shrinking budgets, leveraging AI to streamline operational costs has become the favorite strategy of many founders and CEOs. However, a mistake they often make is confining AI's role to specific functions like customer service or translations.
The potent
How badly will AI-generated images impact elections?
Next year, 2024, is a prominent year for democracies globally. From an almost certain rerun of Biden versus Trump, to elections expected in the United Kingdom, Taiwan, India, and the European parliament, swaths of voters will be heading to the polls.
But as citizens exercise their democratic right
India’s Reliance partners with Nvidia to build large language model
Reliance Industries’ Jio Platforms has partnered with GPU giant Nvidia to work on building a large language model that is trained on India’s diverse languages, the two firms said Friday, as the largest Indian corporate firm expands into the fast-growing but locally uncontested space.
Th
Artists sign open letter saying generative AI is good, actually
Artists are among the many groups who will feel the effects of AI over the next few years, but it’s not doom and gloom for everyone. A group of artists have organized an open letter to Congress, arguing that generative AI isn’t so bad and, more importantly, the creative community should
AI reading coach startup Ello raises $15M to bolster child literacy
Ello aims to eradicate childhood illiteracy by leveraging artificial intelligence and child speech recognition technology. The startup announced today that it secured $15 million in Series A financing to help it do so, and the funding will go toward product development and expanding access to consu
eBay rolls out a tool that generates product listings from photos
eBay is rolling out a new AI tool for marketplace sellers that can generate a product listing from a single photo.
Available in the eBay app for iOS to start, with the Android app to follow in the coming weeks, the tool can automatically write a title and description based on a photo, as well as in
New app Moments helps you maintain your personal and professional relationships
You may have heard of a CRM, but have you heard of a PRM — a personal relationship manager? That’s the concept behind a newly launched iOS app called Moments that aims to help people keep up with the relationships that matter most to them, both personal and professional, by offering adv
Anthropic launches a paid plan for its AI-powered chatbot
Anthropic, the AI startup co-founded by ex-OpenAI employees, today announced the launch of its first consumer-facing premium subscription plan, Claude Pro, for Claude 2 — Anthropic’s AI-powered, text-analyzing chatbot.
For the monthly price of $20 in the U.S., or £18 in the U.K., custo