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Foundry, a cloud computing service provider focused on AI workloads, comes out of stealth after raising $80M across a seed and a Series A at a $350M valuation (Allie Garfinkle/Fortune)

Allie Garfinkle / Fortune: Foundry, a cloud computing service provider focused on AI workloads, comes out of stealth after raising $80M across a seed and a Series A at a $350M valuation  —  Jared Quincy Davis was inspired by AlphaGo.  You know, the AI program that plays Go, the 2,500-year old Chinese strategy game? Source […]

Foundry, a cloud computing service provider focused on AI workloads, comes out of stealth after raising $80M across a seed and a Series A at a $350M valuation (Allie Garfinkle/Fortune) Read More »

Elon Musk’s xAI Takes Its AI Chatbot Grok Open Source for Researchers and Developers

Elon Musk’s artificial intelligence (AI) venture, xAI, made its large language model (LLM) Grok-1 available in open source on March 17. Last week, the billionaire revealed on his social media platform X (formerly known as Twitter) that the AI chatbot will be open-sourced. Now, it is available for researchers and developers. Notably, the xAI developers

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WBD plans to launch Max in Europe starting on May 21 in the Nordics, Iberia, and Central and Eastern Europe, in time for the Olympics, included in all plans (Adam Chitwood/The Wrap)

Adam Chitwood / The Wrap: WBD plans to launch Max in Europe starting on May 21 in the Nordics, Iberia, and Central and Eastern Europe, in time for the Olympics, included in all plans  —  The rollout is also timed to the second season of “House of the Dragon”  —  Max will begin its launch

WBD plans to launch Max in Europe starting on May 21 in the Nordics, Iberia, and Central and Eastern Europe, in time for the Olympics, included in all plans (Adam Chitwood/The Wrap) Read More »

Apple Researchers Working on MM1, a Family of Multimodal AI Model With Up to 30 Billion Parameters

Apple researchers have shared their work on building a multimodal artificial intelligence (AI) large language model (LLM), in a pre-print paper. Published on an online portal on March 14, the paper highlights how it was able to achieve the advanced capabilities of multimodality and make the foundation model train on both text-only data as well

Apple Researchers Working on MM1, a Family of Multimodal AI Model With Up to 30 Billion Parameters Read More »

Reddit opens up 38%, at $47 per share, in its New York Stock Exchange debut, valuing the company at about $9B on a fully diluted basis (Bloomberg)

Bloomberg: Reddit opens up 38%, at $47 per share, in its New York Stock Exchange debut, valuing the company at about $9B on a fully diluted basis  —  The San Francisco-based company’s stock began trading on Thursday at $47 each, above the offering price of $34 per share. Source link

Reddit opens up 38%, at $47 per share, in its New York Stock Exchange debut, valuing the company at about $9B on a fully diluted basis (Bloomberg) Read More »

Suno, a ChatGPT-Powered Chatbot, Can Generate AI Music Using Text Prompts

Suno is an artificial intelligence (AI) music generator that can create original songs using a simple text prompt. The AI platform was first unveiled in July 2023 when it moved to open beta and began adding users to its Discord channel to test the model. Later, it also allowed users to generate AI music on

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Reflecting on Reddit's history: Steve Huffman and Alexis Ohanian pitching a food app, wanting to use snoo.com, and seeing traffic explode after Reddit launched (Paul Graham/Y Combinator)

Paul Graham / Y Combinator: Reflecting on Reddit’s history: Steve Huffman and Alexis Ohanian pitching a food app, wanting to use snoo.com, and seeing traffic explode after Reddit launched  —  I met the Reddits before we even started Y Combinator.  In fact they were one of the reasons we started it. Source link

Reflecting on Reddit's history: Steve Huffman and Alexis Ohanian pitching a food app, wanting to use snoo.com, and seeing traffic explode after Reddit launched (Paul Graham/Y Combinator) Read More »

Nvidia Unveils B200 Flagship AI Chip, New AI Software Tools at Annual Conference

Nvidia Chief Executive Jensen Huang on Monday kicked off his company’s annual developer conference with a slew of announcements designed to keep the chip maker in a dominant position in the artificial-intelligence industry. On a hockey arena stage in the heart of Silicon Valley, Huang introduced Nvidia’s latest chip, which is 30 times speedier at

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Sources: the EU plans to announce investigations into Apple's and Google's DMA compliance in the coming days; Meta's subscriptions could also face scrutiny (Samuel Stolton/Bloomberg)

Samuel Stolton / Bloomberg: Sources: the EU plans to announce investigations into Apple’s and Google’s DMA compliance in the coming days; Meta’s subscriptions could also face scrutiny  —  – Meta also expected to face scrutiny in EU’s Big Tech clampdown  — Digital Markets Act investigations could pave way for fines Source link

Sources: the EU plans to announce investigations into Apple's and Google's DMA compliance in the coming days; Meta's subscriptions could also face scrutiny (Samuel Stolton/Bloomberg) Read More »

Nvidia Announces Platform With Generative AI Features to Power Humanoid Robots

Nvidia on Monday announced a hardware and software platform for building human-like robots that includes generative artificial intelligence features. The new platform will consist of a computer system that will power the robot and AI, plus a package of software including genAI and other tools in order to build robots that are human-like, the company

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