artificial intelligence

artificial intelligence
Report: Character.AI Plans New Funding Round to Build Revenue Cushion
July 16, 2023

Artificial intelligence (AI) startup Character.AI is pursuing another funding round. That’s according to a report Saturday (July 15) by The Information, which cited a source with direct knowledge of Character.AI’s plans. The company announced earlier this year it had raised $150 million at a $1 billion valuation....

artificial intelligence
Musk’s Giant-Killing AI Project Is Starting Small With Huge Goals 
July 14, 2023

This is how the future starts — not with a bang, but with a glitch. In what hopefully isn’t a sign of Elon Musk’s artificial intelligence (AI) startup xAI’s future roadmap, the company’s Twitter Spaces introduction to the general public on Friday (July 14) was delayed for...

artificial intelligence
Shopify to Debut AI Chatbot Merchant Assistant ‘Sidekick’
July 13, 2023

Shopify will launch an artificial intelligence (AI)-powered chatbot assistant called Sidekick. The eCommerce company’s tool, which is “coming soon,” will be designed to help merchants with any queries relating to their stores, such as sales and order trends, Shopify CEO Tobi Lütke said in a video shared...

artificial intelligence
FTC Investigates OpenAI Over Role in Spreading AI-Generated Misinformation
July 13, 2023

Artificial intelligence (AI) is becoming a non-artificial threat. That’s because while the apocalyptic doomerism surrounding the technology’s threat to humanity as a whole may be overblown, there still exist right-now risks to individuals as it relates to the novel tech’s ability to generate deepfakes and...

artificial intelligence
It’s a ’90s Browser War Redux as Musk and Meta Enter AI Race
July 13, 2023

It’s a large language model (LLM) landscape, and we’re just living in it. There are more generative artificial intelligence (AI) platforms in the market now than months in the emergent tech’s commercial lifespan. This, as both Meta and Elon Musk have announced the launch of their own AI platforms,...

artificial intelligence
Report: FTC Investigating OpenAI Data Security and Other Issues
July 13, 2023

The Federal Trade Commission (FTC) is reportedly investigating OpenAI for issues around false information and data security. The regulator has sent a letter to the creator of the artificial intelligence (AI)-powered chatbot ChatGPT asking dozens of detailed questions about these issues, The Wall Street Journal...

artificial intelligence
Elon Musk Launching AI Company to ‘Understand Reality’
July 12, 2023

Elon Musk is launching an artificial intelligence (AI) company called xAI. “Announcing formation of @xAI to understand reality,” Musk wrote in a Wednesday (July 12) tweet. The new company is led by Musk and its team includes veterans of DeepMind, OpenAI, Google Research, Microsoft Research, Tesla and the University of Toronto, according to the xAI...

artificial intelligence
Enterprise AI’s Biggest Benefits Take Firms Down a Two-Way Street
July 11, 2023

Artificial intelligence (AI) is changing the world, or at least the way the information economy operates. And the way the information economy operates is increasingly what defines business success and failure across today’s landscape. But as a new paper published in the research journal Nature shows,...

artificial intelligence
Shutterstock Assists OpenAI in Training for AI Models
July 11, 2023

 Shutterstock and OpenAI have agreed to stick together for another six years. The expanded partnership, announced Tuesday (July 11), will help Shutterstock “solidify its position as a leading provider of high-quality training data for OpenAI models,” the stock image, video and music provider said in a news release. With...