IBM announced on Monday that it has acquired Hakkoda, a New York-based data and AI consultancy. This acquisition is intended to enhance IBM’s capacity to integrate consultants and AI solutions for clients, particularly in sectors such as financial services, public sector, and healthcare. Mohamad Ali, Senior Vice President and head of IBM’s consulting division, emphasized […]
Continue reading...Krea Secures $83M to Become Leading Platform for Generative AI Creatives
Keeping up with the myriad of AI models available for content creation can be daunting. Krea, a startup based in San Francisco, aims to ease this burden for designers and visual creatives by raising $83 million to enhance its platform. The company believes that its unified platform will significantly streamline the process of working with […]
Continue reading...Moonvalley Secures $43M in Funding: Latest SEC Filing Reveals
Los Angeles-based startup Moonvalley, which specializes in AI tools for video creation, has successfully raised $43 million in new venture capital, as indicated by an SEC filing. This announcement comes just a week after the launch of their first AI video-generating model, Marey. The filing revealed the involvement of 11 unnamed investors and followed Moonvalley’s […]
Continue reading...Shopify CEO Advises Teams to Embrace AI Before Expanding Workforce
In a recent memo addressed to employees, Shopify CEO Tobi Lütke introduced a significant policy change that mandates teams to explain why artificial intelligence (AI) cannot handle a particular job before they can request additional headcount and resources. Lütke emphasized the need for teams to consider how their areas might function if autonomous AI agents […]
Continue reading...Google’s AI Mode enables users to pose intricate questions related to images
Google is introducing a new multimodal search capability to AI Mode, which is an experimental feature in Google Search allowing users to pose complex, multi-part questions and follow-ups for deeper insights. This update empowers users who have access to AI Mode to inquire about images they have uploaded or taken with their camera. The enhanced […]
Continue reading...Waymo Explores Using Interior Camera Data for Generative AI Training and Advertising Opportunities
Waymo is set to utilize data from its robotaxi services, including footage from interior cameras linked to riders’ identities, to train generative AI models, according to a draft of its privacy policy uncovered by researcher Jane Manchun Wong. The draft suggests that Waymo might also share this information for ad personalization, prompting concerns about how […]
Continue reading...Meta Executive Refutes Claims of Inflating Llama 4 Benchmark Scores
On Monday, Ahmad Al-Dahle, Meta’s vice president of generative AI, refuted allegations that the company had skewed its AI models’ performance to excel on specific benchmarks while hiding their weaknesses. In a post on X, Al-Dahle stated that it is “simply not true” that Meta trained its latest Llama 4 Maverick and Llama 4 Scout […]
Continue reading...Google Reportedly Compensating AI Employees for a Year to Prevent Them from Joining Competitors
Retaining top talent in the field of artificial intelligence has become increasingly challenging due to fierce competition among major industry players like Google and OpenAI. In an effort to secure their best AI professionals, Google’s AI division, DeepMind, has implemented strict noncompete agreements for some of its employees in the U.K. These agreements prevent individuals […]
Continue reading...IBM Unveils New Mainframe Designed for the AI Era
IBM has announced the launch of its latest mainframe hardware, the IBM z17, aiming to boost the adoption of artificial intelligence (AI). This device is equipped with the new IBM Telum II processor and supports over 250 AI use cases, including generative AI and AI agents. Despite the impression that mainframes are outdated, they remain […]
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