OpenAI’s new “Strawberry” AI model is winning praise from industry observers who praise its reasoning capabilities but note limitations. The company unveiled its latest AI model, dubbed “OpenAI o1” and nicknamed “Strawberry,” on Thursday (Sept. 12). The o1 model family, available in o1-preview and o1-mini...
Artificial intelligence (AI) is reconfiguring industries worldwide, from Apple’s new iPhone 16 with “Apple Intelligence” to OpenAI’s advanced “o1” reasoning models. As AI capabilities grow, experts caution that strict U.S. reporting rules could push firms overseas while stressing the importance of human oversight as workers...
A new Commerce Department proposal requiring detailed reporting from artificial intelligence (AI) firms threatens to saddle the industry with hefty compliance costs and potentially drive companies to relocate, experts warn, as the U.S. government seeks tighter oversight of the rapidly evolving technology sector. The Bureau...
Google has introduced a pair of initiatives to help small businesses integrate artificial intelligence (AI). The tech giant is providing $10 million in funding to America’s Small Business Development Center (SDBC), a network of centers providing training and resources to entrepreneurs, Google announced Thursday (Sept. 12). The news comes as...
OpenAI has introduced its new “o1” series of reasoning models, which the company touts as a major advancement in artificial intelligence to tackle complex problems in science, coding, and mathematics. The company announced today that the first model in the series, “OpenAI o1-preview,” is now...
Sequoia Capital, Nvidia and Oracle are all in on artificial intelligence this week. From VC investments in AI applications to skyrocketing demand for AI chips and cloud services, industry leaders are repositioning themselves for an AI-powered future that promises to reshape how we work and...
New research is shedding light on how artificial intelligence language models handle multiple languages, a capability with potential implications for global commerce. African tech firms have also launched tools supporting multiple local languages, responding to the continent’s linguistic diversity. Researchers are uncovering how these AI...
Conversational commerce startup Connectly has raised $20 million in funding. The Series B round, announced Wednesday (Sept. 11), was led by Alibaba, with participation from Unusual Ventures, Volpe Capital, RX Ventures, Falabella Ventures and Philippos Kourkoulos Latsis. Connectly, founded in 2020 by veterans of Facebook,...
OpenAI reportedly aims to raise $6.5 billion from investors at a valuation of $150 billion. The firm also is seeking to raise $5 billion in debt from banks via a revolving credit facility, Bloomberg reported Wednesday (Sept. 11), citing unnamed sources. The discussions are ongoing, and...
