Visa Launches $100M Fund for Generative AI Startups
Visa considers itself a pioneer in AI usage in payments. Reports suggest that the company sees the funding initiative as a chance to maintain its leadership in using AI.
Artificial Intelligence
Explore the latest news stories, updates and popular topics on Artificial Intelligence (AI), including machine learning, neural networks, robots and more
JPMorgan CEO: AI Might Help Cure Cancer and Reduce Working Week to 3.5 Days
By
Darya Rudz
As JPMorgan’s CEO has stated, the company has already found more than 300 use cases for AI. The applied AI initiatives include virtual assistants, anomaly detection, news analytics, quantitative client intelligence, smart documents, intelligent pricing, and more.
Character.AI Eyes Impressive Funding at Over $5B Valuation
The potential deal might put the company’s value anywhere from $5 billion to $6 billion.
AI Firm AlphaSense Raises $150M in Series E Funding Round at Valuation of $2.5B
Earlier this year, AlphaSense closed a Series D funding round with $100 million.
Enflame Technology Secures $273.7M in Funding Supported by Tencent and Shanghai Investors
Enflame, a company that was founded in March 2018, has already made significant strides in AI chip manufacturing. The company’s cloud chips have found applications in diverse sectors, including education, smart cities, and scientific research.
ChatGPT Brings ‘Browse with Bing’ Web Searching Feature Back
By
Darya Rudz
Now, the chatbot can again produce results from the browser and provide internet links to the current-day world in order to back up its findings with internet sources.
Meta Introduces New AI-Powered Tools for Facebook, Instagram, WhatsApp
By
Darya Rudz
All the updates introduced by Meta will help the company compete with OpenAI and its ChatGPT.
CIA to Launch ChatGPT-Style AI Tool for Enhanced Intelligence Analysis
While the CIA is yet to reveal specific details about the model underpinning the soon-to-be-launched AI tool and its privacy safeguards, its director assured that the intelligence agency adheres closely to privacy laws in the United States.
ChatGPT Creator OpenAI Reportedly Raising Funds at Valuation of $80B to $90B
The company is also projected to reach $1 billion in revenue over this year from the premium version of ChatGPT and from giving business access to its AI technology including GPT-3.
Hollywood Studios Can Use Writers’ Creations to Train AI Models Under New Tentative Deal
By
Tolu Ajiboye
Last month, the AMPTP published a proposal containing guidelines for AI use. Among other things, the proposal sought to address actors’ and writers’ concerns about data transparency and the use of artificial intelligence.
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