AI21 Labs has raised $155 million in Series C funding to further develop and provide generative artificial intelligence (AI) services to businesses. With this latest...
OpenAI is reportedly on the road to reaching $1 billion in yearly revenue. The maker of the generative artificial intelligence (AI) bot ChatGPT is taking...
Artificial intelligence (AI) firm Anthropic has teamed with Korea’s SK Telecom (SKT) to build a large language model for the telecom sector. The partnership, announced...
Because both open- and closed-source large language models (LLM) can use proprietary data, both will face challenges. However, closed-source models will likely face heavier scrutiny...
Apple is reportedly beefing up the generative artificial intelligence (AI) capabilities of its mobile devices. To that end, the company has begun hiring for dozens of...
LLMs are paving the way for innovative new AI products across sectors such as healthcare, law and finance, but all this innovation comes at a...
Large language models (LLMs) take generative artificial intelligence (AI) beyond text to include images, speech, video and even music. As they build, LLM creators will...
Four days from today, the Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time...
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...