Maria Deutscher
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OpenAI launches new GPT Image 1.5 model optimized for image editing
OpenAI Group PBC today launched GPT Image 1.5, a new artificial intelligence model optimized for image generation tasks. The algorithm is rolling out a few weeks after Google LLC introduced a new image generator of its own. Nano Banana Pro, as the model is called, is better than its predecessors at rendering text and implementing instructions ...
Red Hat acquires AI security startup Chatterbox Labs
IBM Corp.’s Red Hat unit today announced that it has acquired Chatterbox Labs Inc., a low-profile developer of artificial intelligence security tools, for an undisclosed amount. Over the past two years, Red Hat has adapted several of its core products to run AI workloads. Its flagship Linux distribution is available in a version that features ...
Databricks raises $4B+ at $134B valuation to build new AI features
Four months after its last funding round, Databricks Inc. today announced that it has closed an extremely late-stage investment worth more than $4 billion. The Series L round was jointly led by Insight Partners, Fidelity Management & Research and J.P. Morgan. They were joined by more than a dozen other backers, including Robinhood Markets Inc.’s ...
Nvidia acquires Slurm developer SchedMD to enhance its software capabilities
Nvidia Corp. has acquired SchedMD LLC, a low-profile company that maintains one of the most important open-source tools in the machine learning ecosystem. The chipmaker announced the deal today. The financial terms were not disclosed. SchedMD was founded in 2010 by the developers of Slurm, an open-source platform for managing server clusters. The company provides ...
AI medical research startup Chai Discovery raises $130M in funding
Chai Discovery Inc., a startup using artificial intelligence to accelerate drug development, today announced that it has closed a $130 million funding round led by Oak HC/FT and General Catalyst. The two investment firms were joined by more than a half dozen other backers. The consortium included OpenAI Group PBC and Thrive Capital, one of ...
Audio generation startup Mirelo nabs $41M investment
Mirelo AI GmbH, a Germany-based developer of audio generation models, today announced that it has raised $41 million in funding. Index Ventures and Andreessen Horowitz led the seed investment. They were joined by Atlantic.vc and TriplePoint Capital. Mirelo’s flagship AI model, Mirelo SFX 1.5, is designed to generate audio for silent videos. In a demo ...
Report: Intel could acquire inference chip startup SambaNova for $1.6B
Intel Corp. is reportedly in talks to acquire SambaNova Systems Inc., a venture-backed developer of artificial intelligence chips. Bloomberg today cited sources as saying that the discussions are in an advanced stage. It’s believed that an acquisition could value SambaNova at $1.6 billion including debt. If it materializes, the deal would mark Intel’s first major ...
Thinking Machines makes its Tinker AI fine-tuning service generally available
Thinking Machines Lab Inc. today launched its Tinker artificial intelligence fine-tuning service into general availability. San Francisco-based Thinking Machines was founded in February by Mira Murati (pictured), the former chief technology officer of OpenAI Group PBC. During her time at the AI provider, Murati oversaw the development of ChatGPT, Sora and other products. The Thinking Machines ...
Serval raises $75M at $1B valuation to automate help desk request processing
Serval Inc., a startup using artificial intelligence to process help desk requests, has raised $75 million in funding at a $1 billion valuation. Sequoia led the Series A investment. Serval said in its announcement of the round on Thursday that Redpoint, Meritech, First Round, General Catalyst, Evantic, Sound Ventures, Radical Ventures and several others contributed ...
Google upgrades Gemini Deep Research’s search and problem-solving capabilities
Google LLC today released a new version of Gemini Deep Research, an artificial intelligence agent designed to automate complex tasks such as crafting financial reports. The company first introduced the tool last December. The initial version used Gemini 1.5 Pro, which at the time was Google’s flagship large language model. The new version that debuted ...