Maria Deutscher
Latest from Maria Deutscher
Google expands Anthropic partnership after Microsoft and Oracle detail AI collaboration
Google LLC today announced an expansion of its partnership with Anthropic PBC, a generative artificial intelligence startup in which it recently agreed to invest up to $2 billion. The news comes a day after Microsoft Corp. and Oracle Corp., two of Google’s top rivals in the cloud market, detailed an AI alliance of their own. ...
Meta introduces disclosure requirement for AI-generated political ads
Meta Platforms Inc. will require organizations to disclose if they use Facebook and Instagram to distribute ads that were created with the help of artificial intelligence. Meta announced the new policy in a blog post published today. The disclosure requirement will apply to social issue, election and political ads that contain photorealistic images, videos or ...
Amazon reportedly building ‘Olympus’ language model with 2 trillion parameters
Amazon.com Inc. engineers are developing a large language model with 2 trillion parameters, Reuters reported this morning. The model is believed to be known as Olympus internally. Amazon is reportedly spending “millions” of dollars on the project. OpenAI LP’s GPT-4 model, which is estimated to have a similar parameter count as Olympus, cost more than ...
IBM launches $500M fund to invest in enterprise AI startups
IBM Corp. today debuted a new corporate investment vehicle, the Enterprise AI Venture Fund, through which it plans to back startups building enterprise-focused artificial intelligence products. The move comes as other tech giants also ramp up their investments in the AI startup ecosystem. A few weeks ago, large language model developer Anthropic PBC secured funding rounds ...
Shares of GlobalFoundries and NXP rise on better-than-expected quarterly profits
Shares of chipmakers GlobalFoundries Inc. and NXP Semiconductors NV rose today after they posted third-quarter profit numbers that topped analyst expectations. Both companies generate the bulk of their revenue by supplying processors for three industries: the automobile, mobile device and internet of things segments. However, their business models diverge significantly. GlobalFoundries makes chips based on ...
Datadog shares jump 29% on strong quarterly results and upgraded guidance
Shares of Datadog Inc. jumped more than 29% today after it posted third-quarter results that handily topped the consensus analyst estimate. The company also raised its full-year guidance, which was likely another contributor to its stock market gains. Datadog now expects to close fiscal 2023 with revenues of between $2.103 billion and $2.107 billion, up ...
HPE, SAP back $500M+ funding round for language model developer Aleph Alpha
Aleph Alpha GmbH, a German startup focused on developing large language models, today announced that it has closed a Series B funding round worth more than $500 million. Bosch Ventures jointly led the investment with Ipai and Schwarz Group. Ipai operates an artificial intelligence-focused business park in the German city of Heilbronn, while the Schwartz ...
OpenAI debuts AI customization features and GPT-4 Turbo
OpenAI LP is rolling out a new tool that will enable users to customize ChatGPT for specific tasks without writing any code. The tool made its debut at the company’s first annual DevDay developer conference, which took place today in San Francisco. At the event, OpenAI also introduced an enhanced version of the GPT-4 language ...
01.AI, led by AI pioneer Kai-Fu Lee, achieves $1B+ valuation in eight months
01.AI, a Chinese startup led by artificial intelligence researcher and investor Kai-Fu Lee, has received a valuation of more than $1 billion less than a year after launching. Bloomberg reported the milestone on Sunday. Lee told the publication that 01.AI achieved the unicorn valuation after raising funding from Alibaba Group Holding Ltd’s cloud unit and ...
Okta reveals hackers accessed 134 customers’ data in support system breach
Okta Inc. today disclosed that hackers had stolen 134 of its customers’ data, and launched cyberattacks against five, following a breach of its technical support system. Nasdaq-listed Okta provides a cloud platform that companies use to process login requests to their applications. The platform also eases related tasks such as managing user account data. Okta ...