Microsoft continued to slim down AI language models, unveiling its third lightweight edition which it stated offers comparable performance to rival products while being suitable for use on mobile phones.
Microsoft has announced a new collaboration with the beauty company Estée Lauder to create a new AI Innovation Lab to help speed up product development for Estée Lauder's beauty brands.
Microsoft researchers have launched Phi-3 Mini a lightweight AI model capable of everyday tasks that can fit on your smartphone.
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Partners and Foresite Labs, an affiliate of Foresite Capital, announced that they incubated Xaira Therapeutics and funded the AI biotech with $1 billion. Other investors […] © 2024 TechCrunch. All rights reserved. For personal use only.
Perplexity, a generative AI startup developing a search engine to rival Google, has secured nearly $63 million in Series B funding. This investment has propelled the 55-person startup to double its valuation in three months, now exceeding $1 billion, with total fundraising reaching $165 million. The round was led by investor Daniel Gross with participation from Y Combinator chief executive officer Garry Tan, Figma Inc. CEO Dylan Field and billionaire Stanley Druckenmiller. Previous backers,...
Microsoft's new AI tool, called VASA-1, transforms a still image of a human face into a video clip of them talking or singing.
Alethea AI launched its emotive and expressive AIs on Coinbase’s BASE blockchain to bring AI agents to consumers and businesses.
Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
In what promises to be a defining suit for artificial intelligence and the tools used to power AI, eight daily newspapers have sued Microsoft and Open AI over their use of newspaper articles to power their AI chatbots.
Microsoft and Google rolled out their own AI-powered productivity tools last year, touting them as products that could revolutionize how people work.But one leading AI expert thinks otherwise.Ethan Mollick, a professor of management at the University of Pennsylvania's Wharton School of Business, has been tapped by the White House, JP Morgan, Google, and many others for his insights on artificial intelligence.In an interview with The Wall Street Journal, Mollick said Microsoft's Copilot and...
Making life better for people with disabilities is a laudable goal, but accessibility tech hasn’t traditionally been popular among VCs. In 2022, disability tech companies attracted around $4 billion in early-stage investments, which was a fraction of fintech’s intake, for example. One reason is that disability tech startups are often considered too niche to attain […] © 2024 TechCrunch. All rights reserved. For personal use only.
The Intel Gaudi 3 AI accelerator is designed to enhance the capabilities of data centers focusing on AI compute demands, particularly for generative AI and large language models. This accelerator improves speed, scalability, and developer productivity, making it a valuable tool for enterprises and developers working with advanced AI applications. This quick overview guide will […]