Maria Deutscher
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EU’s top court rules against Meta in data privacy case
The European Union’s top court today ruled against Meta Platforms Inc. in a case that focused on the way the company processes user data. The decision could also have implications for other players in the social media market. The lawsuit in which the Court of Justice of the European Union, or CJEU, issued the ruling ...
OpenAI releases new ChatGPT tool for editing text and code
OpenAI is updating ChatGPT with a new interface section, called canvas, that promises to make the chatbot more useful for writing and coding tasks. The company debuted the feature today. It marks OpenAI’s first product update since the announcement of its record-setting $6.6 billion funding round earlier this week. The deal included the participation of ...
Google brings ads to its AI Overviews, Lens search tools
Google LLC will enable brands to display ads in AI Overviews, the natural language explainers that its search engine generates in response to some queries. The change is part of a broader product update that the Alphabet Inc. company detailed this morning. Google is refreshing not only AI Overviews but also Lens, an intelligence tool ...
Snowflake, Databricks back $20M round for AI data management startup Voyage AI
Voyage AI Inc., a startup with software for organizing the data processed by artificial intelligence models, today announced that it has raised $20 million in funding. CRV led the Series A investment. It was joined by Snowflake Inc., Databricks Inc., Wing VC, Conviction, Pear VC, Tectonic Capital, Mayfield Fund and Fusion Fund. Voyage AI’s total ...
OpenAI closes record $6.6B funding round at $157B valuation, plus $4B line of credit
Updated: Confirming recent reports, OpenAI today announced that it has raised $6.6 billion from investors to support its artificial intelligence research. The raise, the largest venture capital funding round on record, values the ChatGPT developer at $157 billion. That’s nearly double what it was worth following a tender offer earlier this year. Thrive Capital led ...
AWS, Nvidia and others back new AI-enabled cancer research initiative
Five major tech companies have committed more than $40 million to CAIA, a new research initiative dedicated to improving cancer care. CAIA launched today during a Seattle event hosted by Madrona Venture Group. CAIA stands for Cancer AI Alliance, a nod to the fact that the participants will use artificial intelligence to support their clinical ...
Crescendo raises $50M for its AI-powered customer service platform
Customer service startup Crescendo today announced that it has closed a $50 million funding round at a $500 million valuation. General Catalyst led the Series C investment. It was joined by Celesta Capital, Alorica and several angel investors. Crescendo, officially CrescendoAI Inc., provides a customer support service that removes the need for companies to set ...
Numa raises $32M to develop AI tools for car dealerships
Numa, a provider of artificial intelligence software for car dealerships, today announced that it has closed a $32 million Series B investment. The funding round was jointly led by Touring Capital and Mitsui Group, a Tokyo-based conglomerate. The latter company generates part of its revenue from producing auto parts and hosting truck auctions. The round ...
OpenAI introduces new multimodal processing, AI fine-tuning tools at DevDay
OpenAI introduced a set of new developer tools today at its DevDay product event in San Francisco. The additions are headlined by Realtime API, a cloud service that enables software teams to equip their applications with multimodal processing capabilities. The service powers those capabilities using OpenAI’s artificial intelligence models. On launch, Realtime API supports one ...
Microsoft enhances Copilot and Bing with new generative AI features
Microsoft Corp. today introduced a set of new artificial intelligence features for its Copilot chatbot and Bing search engine. Most of the capabilities are rolling out to Copilot. The Bing enhancements, in turn, will enable the service to deliver more detailed answers to user queries. Both updates began rolling out to users this morning. One ...