PYMNTS-MonitorEdge-May-2024

OpenAI

Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI
Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI
November 06, 2023  |  artificial intelligence

German startup Aleph Alpha has raised $500 million in a series B funding round, with support from major companies such as Bosch, SAP, and Hewlett...

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OpenAI Debuts ‘Turbo’ Version of ChatGPT
OpenAI Debuts ‘Turbo’ Version of ChatGPT
November 06, 2023  |  Artificial Intelligence

OpenAI debuted what it called the most powerful version of its artificial intelligence (AI) tool. The GPT-4 Turbo AI model, announced Monday (Nov. 6) at...

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Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
November 06, 2023  |  artificial intelligence

Chinese artificial intelligence (AI) startup 01.AI has reportedly reached unicorn status less than eight months after launching. The company, founded by computer scientist and Google/Microsoft veteran Kai-Fu Lee,...

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Elon Musk’s xAI to Release AI Model to Select Group
Elon Musk’s xAI to Release AI Model to Select Group
November 03, 2023  |  artificial intelligence

Elon Musk’s startup xAI will release its first artificial intelligence (AI) model on Saturday (Nov. 4). “Tomorrow, @xai will release its first AI to a...

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LinkedIn Launches AI Job Seeker Tool and Marks 1 Billion Members
LinkedIn Launches AI Job Seeker Tool and Marks 1 Billion Members
November 01, 2023  |  artificial intelligence

LinkedIn now has 1 billion-plus members and hopes to grow that number using AI. The professional networking/job search social media platform announced its membership milestone Wednesday (Nov. 1),...

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Early OpenAI Investor: Most AI Firms Won’t Make Money
Early OpenAI Investor: Most AI Firms Won’t Make Money
October 29, 2023  |  artificial intelligence

OpenAI is an artificial intelligence (AI) success story.  But one of its early investors says it is the exception in an overvalued sector, not the rule,...

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Google Strengthens Anthropic Ties With $2 Billion Investment
Google Strengthens Anthropic Ties With $2 Billion Investment
October 29, 2023  |  artificial intelligence

Google could reportedly invest another $2 billion in artificial intelligence (AI) firm Anthropic. The tech giant, which already invests in Anthropic, has already given the OpenAI competitor...

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This Week in AI: Politics, Policies and Payments
This Week in AI: Politics, Policies and Payments
October 27, 2023  |  artificial intelligence

As another week has gone by, generative artificial intelligence (AI) continues to work its way further and further into daily life. The only problem, from...

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AI Companies Hope to Close Global Regulation Gap
AI Companies Hope to Close Global Regulation Gap
October 25, 2023  |  artificial intelligence

A quartet of tech giants is increasing its efforts to promote artificial intelligence (AI) safety standards. Microsoft, OpenAI, Google and Anthropic have named a director for the group, which is...

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