Kyt Dotson
Latest from Kyt Dotson
Aptos Labs collaborates with Microsoft, SK Telecom on institutional blockchain platform
Aptos Labs, a blockchain startup founded by former Meta Platforms Inc. employees behind the defunct Diem blockchain, today announced that it has forged partnerships with major technology and finance firms to build out Aptos Ascend, its digital asset management platform for financial institutions. Aptos Labs is a Layer 1 blockchain, meaning that the technology is built ...
Stability AI to lay off 10% of its staff in wake of CEO’s resignation
Open artificial intelligence model developer Stability AI Ltd. is laying off employees as part of a restructuring plan after founder and former Chief Executive Officer Emad Mostaque resigned weeks ago. The plan came to light in a memo obtained by CNBC published today and a person familiar with the matter who spoke under terms of anonymity. Stability, which ...
Stable Diffusion 3 now available via API providing access to developers
Open generative artificial intelligence startup Stability AI Ltd. is bringing its most advanced next-generation text-to-image AI model Stable Diffusion 3 to developers via an application programming interface. Today’s move comes after Stable Diffusion 3 has been out in preview for only two months since its release in mid-February. Its availability for API will give developers the ability to ...
Cynomi raises $20M for AI-powered virtual cybersecurity officer solution for providers
Tel Aviv, Israel-based artificial intelligence-powered virtual chief information security officer platform for managed service providers Cynomi Ltd. today announced it has raised $20 million in new funding to drive its international expansion and help clients overcome the cybersecurity skills gap. The company’s Series A financing round was led by early-stage venture capital firm Canaan and joined by ...
EY launches blockchain-based business contract management solution on Ethereum
Global professional services company Ernst & Young Global Ltd. today announced the launch of a blockchain-enabled solution that will help businesses execute complex business agreements and reduce costs while maintaining security. Launched during the company’s annual EY Global Blockchain Summit, the EY OpsChain Contract Manager is based on blockchain distributed ledger blockchain technology. It allows multiple parties to ...
Document AI startup Upstage raises $72M for global expansion
Upstage Co. Ltd., an artificial intelligence startup that develops document processing large language models, today announced that it has raised $72 million in new funding to expand its capabilities. The company’s Series B funding round almost triples what Upstage raised in 2021, bringing its total funding to $100 million. The round attracted investments from new investors that ...
Open-source vector database Qdrant launches hybrid cloud for enterprise AI apps
High-performance open-source vector database Qdrant today announced it’s launching a new managed hybrid cloud model of its database to power enterprise artificial intelligence apps under the Qdrant Cloud as part of its self-service, run-anywhere solution. Generative AI models, such as the highly popular ChatGPT chatbot from OpenAI, require large swaths of unstructured data such as text, images, ...
Adobe plans generative AI video editing tools for Premiere Pro
Creative software developer Adobe Inc. is rolling out three new generative artificial intelligence tools for Premiere Pro, the company’s video editing software, designed to assist video editors with their creative workflows that will be coming sometime later this year. The new tools will be joining Adobe’s already existing AI models in the company’s Firefly family of ...
DuckDuckGo launches privacy-focused subscription with VPN and identity protection
Duck Duck Go Inc., a company already well-known for its privacy-focused search engine, is once again stretching its wings into even more privacy protection services with a Privacy Pro plan that includes three services: a virtual private network, a personal information removal service and identity theft restoration. The plan announced Thursday will cost subscribers $10 per month ...
Google releases first Android 15 beta with improved performance and edge-to-edge display by default
Google LLC today announced the release of the first beta test version of Android 15, opening up the upcoming operating system for both developers and early adopters to test out. The new release of the Android platform includes updates that improve underlying performance, such as OS-level support for app archiving, improved communication and better support ...