OpenAI Launches Small AI Model GPT-4o Mini for ChatGPT
OpenAI has released the GPT-4o mini, a small, cheap AI model that does better than competitors at text and image reasoning tasks. Businesses will be...
Microsoft Launches AI-Powered Design App similar to Canva on iOS and Android
The Microsoft Designer app, which is like Canva but powered by AI, is now available for iOS, Android, and Windows. It has creative tools and...
Exa Secures $17 Million Investment from Lightspeed, Nvidia, and Y Combinator to Develop an AI-Powered ‘Google’ Platform
Exa aims to change the way people search by creating an AI-powered search engine that works with AI platforms. It has raised $17 million to...
Former Yandex CEO Volozh returned with an AI infrastructure project after Russia broke up
Arkady Volozh, founder of Nebius and former CEO of Yandex, wants to make Nebius a major AI infrastructure company. Since a $5.4 billion deal freed...
Microsoft AI can now quickly clone voices that sound just like real people
Microsoft has developed VALL-E 2, an AI tool that nearly perfectly mimics human speech, but the public won't have access to it due to abuse...
Barclays NVIDIA’s AI growth will require significant energy
Barclays analysts say that the rise of AI, especially with NVIDIA's GPUs, will make a big difference in the amount of energy needed. By 2030,...
Gen AI and lawyers do not work well together yet
According to a survey by Bain Research, legal executives are becoming less satisfied with generative AI tools because they don't meet their performance expectations and...
SoftBank of Japan Buys British AI Chipmaker Graphcore
SoftBank Group bought the British company Graphcore, which makes it possible for the struggling British company to compete on a global scale, even though it...