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Stability AI announces early preview of Stable Diffusion 3 text-to-image model
Open generative artificial intelligence startup Stability AI Ltd. today announced the early preview of Stable Diffusion 3, the next generation of its highly advanced text-to-image AI model. The new model makes a large number of improvements over its previous model, including improved performance, image quality and prompting capability, the company said. In particular, Stability focused on increasing ...
Ethereum restaking protocol EigenLayer raises $100 million led by a16z
Crypto startup Eigen Labs raised $100 million in a funding announced today led by Andreessen Horowitz’s a16z crypto venture capital arm for its EigenLayer crypto restaking protocol. The startup previously raised $50 million in March in a funding round led by Blockchain Capital, bringing to total raised by the company to $150 million. Founded by Sreeram Kannan, ...
US lawmakers form AI task force to develop safety policy
A bipartisan task force of lawmakers in the United States House of Representatives on artificial intelligence technology was established today under the direction of Republican Speaker Mike Johnson and Democratic Minority Leader Hakeem Jeffries. The objective of the new task force is to explore how Congress can determine how the U.S. can continue to lead the world ...
Google releases Gemma family of open-source AI models inspired by Gemini
Google LLC released Gemma today, a family of lightweight open-source artificial intelligence large language models built using the same research as Gemini, the company’s largest and most powerful AI technology. According to Google, the model’s name comes from the Latin word “gemma,” which is the root for “gem,” meaning precious stone. Gemma shares inspiration and technical ...
Multiplayer launches collaborative software development tool into public beta
Multiplayer Software Inc., the developer of a collaborative tool for the software design of backend systems, announced today the launch of its development software into public beta mode. Although the company name brings to mind gaming, it’s not quite related. Instead, Multiplayer’s tool gives software developers a way to collaborate when designing scalable backend applications ...
AI hardware startup Recogni raises $102M for self-driving solutions
Recogni Inc., a startup developing artificial intelligence hardware for autonomous vehicles, today announced that it has raised $102 million in a funding round co-led by Celesta Capital and GreatPoint Ventures. The Series C round was also joined by existing and new investors including Mayfield, DNS Capital, BMW i Ventures Inc. and the Public Investment Fund’s ...
Meta unveils V-JEPA AI model that improves training by learning from video
Meta Platform Inc.’s AI research division has released a new artificial intelligence model today that makes crucial steps in AI training that advances learning by interpreting video information similar to the way that humans understand the world. The model, named V-JEPA, or the Video Joint Embedding Predictive Architecture model, works differently than large language models. ...
Modular blockchain data protocol startup Lava raises $15M
Lava Protocol Inc., a startup that provides a modular data network for scaling access to blockchains, today announced it has raised $15 million in seed funding led by Jump Capital, Hashkey Capital and Tribe Capital to build out its infrastructure and data marketplace. Also joining Lava’s seed round are Alliance, Node, North Island, Quiet, Finality, Dispersion Capital ...
AI cloud compute startup Lambda raises $320M at $1.5B valuation
Lambda Inc., a startup that operates an on-demand public cloud for training and deploying artificial intelligence models, today announced it has raised $320 million in a new funding round increasing the company’s valuation to $1.5 billion. The Series C round was led by Thomas Tull’s US Innovative Technology with participation from new investors B Capital, SK Telecom ...
Google announces Gemini 1.5 for developers to experiment on
Google LLC today announced the next generation of its artificial intelligence foundational model Gemini with version 1.5, which the company said changes almost every part of its development and infrastructure to make it more efficient to train and serve. The first version of Gemini 1.5 released for early testing will be Gemini 1.5 Pro, a midsized multimodal ...