Maria Deutscher
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Apple reportedly scraps ‘Project Titan’ electric car project
Apple Inc. has reportedly canceled Project Titan, a long-running internal initiative through which it hoped to develop an electric car. Bloomberg reported the decision today, citing an internal memo. It’s believed that the Apple business unit responsible for Project Titan had nearly 2,000 employees. Many of the staffers who worked on the project will reportedly ...
Thoughtworks shares plunge 28%+ on fourth-quarter earnings miss
Shares of Thoughtworks Holding Inc. dropped more than 28% today after the technology consultancy posted fourth-quarter results that missed analyst expectations. Chicago-based Thoughtworks helps enterprises modernize their information technology infrastructure. Its professionals can optimize a company’s database environment, build new applications and take on other software projects. Thoughtworks also helps enterprises maintain their existing software: ...
AI-powered enterprise search startup Glean raises $200M+ at $2.2B valuation
Glean Technologies Inc., the developer of a conversational search platform for enterprises, has raised more than $200 million in a late-stage round that values it at $2.2 billion. The company announced the Series D round today. Kleiner Perkins and Lightspeed Venture Partners were the lead investors. The round also included contributions from nearly a dozen ...
AI app startup FlowGPT raises $10M in funding
FlowGPT Inc., a startup with a consumer-focused platform for sharing artificial intelligence apps, today announced that it has raised $10 million in funding. Goodwater Capital led the investment, which is described as a pre-Series A round. Existing FlowGPT backer DCM participated as well. Consumers can use prompts not only to perform individual tasks with a ...
Now a Microsoft partner, Mistral AI challenges OpenAI with three new LLMs
Mistral AI, the well-funded artificial intelligence startup, today introduced three large language models and a chatbot service designed to rival OpenAI’s ChatGPT. The company also detailed a new partnership with Microsoft Corp., OpenAI’s top investor. The alliance will give Mistral’s engineers access to supercomputing infrastructure in Azure. Additionally, Microsoft is making the startup’s models available ...
Qualcomm debuts new wireless networking chips and AI model bundle
Qualcomm Inc. today detailed its newest 5G and Wi-Fi networking chips, which will start shipping with smartphones in the second half of the year. The modules debuted at the MWC mobile industry event taking place in Barcelona this week. They employ hardware features not available in Qualcomm’s earlier silicon, notably satellite communications support, as well ...
Google apologizes over Gemini image generation inaccuracies
Google LLC has apologized after its Gemini chatbot generated images that incorrectly depicted racially diverse characters in historical contexts. Prabhakar Raghavan, the company’s senior vice president of knowledge and information, acknowledged the bug in a blog post published today. He wrote that “we’re grateful for users’ feedback and are sorry the feature didn’t work well.” ...
AWS brings Mistral AI’s open-source LLMs to Amazon Bedrock
Amazon Web Services Inc. today announced plans to make two artificial intelligence models from Mistral AI, a high-profile machine learning startup, available through its Amazon Bedrock service. Introduced last April, Bedrock provides access to managed foundation models via an application programming interface. Developers can use the API to test which of the available neural networks is ...
Microsoft releases automated PyRIT red teaming tool for finding AI model risks
Members of a Microsoft Corp. team tasked with using hacker tactics to find cybersecurity issues have open-sourced an internal tool, PyRIT, that can help developers find risks in their artificial intelligence models. The researchers released the code for the framework on Thursday. According to Microsoft, PyRIT can automatically generate thousands of adversarial AI prompts to ...
Reddit files for IPO after annual revenue tops $800M
Confirming recent reports, Reddit Inc. today submitted paperwork for a public offering on the New York Stock Exchange. The company didn’t disclose its fundraising and valuation targets in the regulatory filing. Last Friday, sources told Bloomberg that Reddit’s financial advisers have recommended a valuation of at least $5 billion. The report added that the company ...