machine learning

Google created an AI that can generate music from text descriptions, but won’t release it

An impressive new AI system from Google can generate music in any genre given a text description. But the company, fearing the risks, has no immediate plans to release it. Called MusicLM, Google&#8217

McKinsey, eyeing the MLOps space, buys Tel Aviv–based Iguazio

The same day Microsoft invested billions in OpenAI, McKinsey snatched up enterprise-focused AI firm Iguazio for a relative steal. The consulting giant reportedly paid around $50 million for Iguazio, a

Microsoft invests billions more dollars in OpenAI, extends partnership

Microsoft today said that it’s extending its partnership with OpenAI, the startup behind art- and text-generating AI systems like ChatGPT, DALL-E 2 and GPT-3, with a “multi-year, multi-bil

Scenario lands $6M for its AI platform that generates game art assets

Depending on who you ask, generative AI is either massively overhyped or undervalued. Defined as algorithm-driven tech that creates text, art and other forms of media given a prompt, it’s captur

FPGA startup Rapid Silicon lands $15M to bring its first chip to market

Field-programmable gate arrays (FPGA), or integrated circuits sold off-the-shelf, are a hot topic in tech. Because they’re relatively affordable and can be programmed for a range of use cases, t

Seek lands $7.5M investment for AI that answers domain-specific questions

Seek, an automation platform for data analytics tasks, today announced that it raised $7.5 million across pre-seed and seed rounds that had participation from Conviction Partners, Battery Ventures and

Inbenta, a provider of AI-powered chatbots and more, lands $40M

In 2011, Jordi Torras, a former Oracle VP, had a realization: Companies weren’t optimizing their search technologies as well as they could be. He founded Inbenta to solve this, providing profess

OpenAI begins piloting ChatGPT Professional, a premium version of its viral chatbot

OpenAI this week signaled it’ll soon begin charging for ChatGPT, its viral AI-powered chatbot that can write essays, emails, poems and even computer code. In an announcement on the company&#8217

Microsoft partners with AiFi to launch Smart Store Analytics, a tracking service for cashierless outlets

In partnership with AiFi, a startup that aims to enable retailers to deploy autonomous shopping tech cost-effectively, Microsoft today launched a preview of a cloud service called Smart Store Analytic

Anthropic’s Claude improves on ChatGPT but still suffers from limitations

Anthropic, the startup co-founded by ex-OpenAI employees that’s raised over $700 million in funding to date, has developed an AI system similar to OpenAI’s ChatGPT that appears to improve

Profet AI helps manufacturers build prediction models and industrial AI software

Profet AI, a Taiwanese startup that makes auto machine learning software for manufacturers, announced today it has raised $5.6 million in Series A funding. The round was led by Darwin Ventures. Return

There’s now an open source alternative to ChatGPT, but good luck running it

The first open source equivalent of OpenAI’s ChatGPT has arrived, but good luck running it on your laptop — or at all. This week, Philip Wang, the developer responsible for reverse-enginee

What to expect from AI in 2023

As a rather commercially successful author once wrote, “the night is dark and full of terrors, the day bright and beautiful and full of hope.” It’s fitting imagery for AI, which like

A brief history of diffusion, the tech at the heart of modern image-generating AI

Text-to-image AI exploded this year as technical advances greatly enhanced the fidelity of art that AI systems could create. Controversial as systems like Stable Diffusion and OpenAI’s DALL-E 2

Augmenting creativity with Alice Albrecht from re:collect

Welcome back to Found, where we get the stories behind the startups. This week Darrell and Becca caught up with Alice Albrecht about her early-stage AI startup re:collect. Alice talked about why she f

OpenAI releases Point-E, an AI that generates 3D models

The next breakthrough to take the AI world by storm might be 3D model generators. This week, OpenAI open sourced Point-E, a machine learning system that creates a 3D object given a text prompt. Accord

Petals is creating a free, distributed network for running text-generating AI

BigScience, a community project backed by startup Hugging Face with the goal of making text-generating AI widely available, is developing a system called Petals that can run AI like ChatGPT by joining

ImagenAI, which uses AI to personalize photo editing styles, lands $30M

ImagenAI, a startup using AI to help professional photographers edit photos and automate post-production work, today announced that it raised $30 million in an all-equity growth investment from Summit

Companies — and VCs — continue to invest in AI despite market slowdown

AI investments might be down from their highs. But that doesn't mean companies aren't increasing their budgets for "intelligent" apps.

Protect AI lands a $13.5M investment to harden AI projects from attack

Seeking to bring greater security to AI systems, Protect AI today raised $13.5 million in a seed-funding round co-led by Acrew Capital and Boldstart Ventures with participation from Knollwood Capital,
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