Many companies already use generative AI tools, like OpenAI’s ChatGPT, which can help improve workers’ performance by as much as 40% compared with workers who don’t use it. However, only businesses with large engineering teams can build their own AI workforces. An Australia-based startup, Relevance AI, wants...
Adobe officially launched Photoshop for the web for all users with paid plans. The web version, which was in beta for almost two years, is now available with Firefly-powered AI tools such as generative fill and generative expand. The company said that the tools in the...
Vellum.ai has said to have closed a $5 million seed round. Rebel Fund, Eastlink Capital, Pioneer Fund, Y Combinator and several angels took part in the round. The startup has 40 paying customers today, with revenue increasing by around 25% to 30% per month. The...
Generative AI — AI that can write essays, create artwork and music, and more — continues to attract outsize investor attention. There’s scores of competition, including incumbents like OpenAI and Anthropic. But despite that, VCs aren’t shying away from untested players and up-and-comers. Together, a startup developing open...
Google is bringing its AI technology to the Play Store. At the recent developer event, Google I/O, the company announced several new ways for developers to use its AI to build and optimize their Android apps for the Play Store, alongside a host of other...
Perplexity AI, which bills itself as a “conversational search engine,” closed a Series A funding round led by New Enterprise Associates, with participation from Databricks Ventures and angel investors including former GitHub CEO Nat Friedman and Meta chief scientist Yann LeCun. The fresh tranche comes...
Snap has announced on their fourth-quarter earnings call that it’s technology will eventually be powered by AI. Investors wanted to get a sense of how Snap was thinking about the latest developments in AI — particularly in buzzy areas like generative AI. One pointed to...
OpenAI open sourced Point-E, a machine learning system that creates a 3D object given a text prompt. Point-E can produce 3D models in one to two minutes on a single Nvidia V100 GPU. Point-E doesn’t create 3D objects in the traditional sense. Rather, it generates...
Lensa AI’s popularity has had a notable impact on the App Store’s Top Charts. The photo and video editing app recently went viral over its new “magic avatars” feature, powered by the open source Stable Diffusion model, allowing users to turn their selfies into styled...
Lensa AI’s popularity has had a notable impact on the App Store’s Top Charts. The photo and video editing app recently went viral over its new “magic avatars” feature, powered by the open source Stable Diffusion model, allowing users to turn their selfies into styled...
