HomeLight, a proptech company, is making moves in the real estate sector through the launch…
Author: Art Ryan
David Sacks, Trump’s AI and crypto “czar,” said in an interview on Fox on Tuesday that there’s “substantial evidence” that Chinese AI company DeepSeek “distilled” knowledge from OpenAI’s AI models, a process that Sacks compared to theft. Sacks, who didn’t cite the source of this “evidence,” suggested that DeepSeek used responses from OpenAI models to train its own. “I don’t think OpenAI is very happy about this,” Sacks said. DeepSeek, which went viral this week for its openly available, highly performant models and free chat apps, is being looked at with increasing scrutiny by U.S. government officials. According to Reuters, the National Security…
In a week dominated by headlines about China’s growing AI competitiveness, OpenAI has launched ChatGPT Gov. The new version of the AI-powered chatbot platform is designed to provide U.S. government agencies an additional way to access the tech. ChatGPT Gov includes many of the capabilities found in OpenAI’s corporate-focused tier, ChatGPT Enterprise. Using the platform, agencies can deploy certain OpenAI models on Microsoft Azure commercial or government clouds. OpenAI says that ChatGPT Gov enables agencies to more easily manage their own security, privacy, and compliance, and could expedite internal authorization of OpenAI’s tools for the handling of non-public sensitive data. OpenAI claims that, since 2024,…
Atomicwork gets backing from Khosla for its AI alternative to old-school IT software like ServiceNow
Atomicwork, a SaaS startup led by Indian founders, has raised $25 million in a fresh investment round backed by Khosla Ventures, as it plans to scale and deploy AI agents to simplify communication and service delivery between employees and their enterprises. Amid growing digital adoption, enterprises struggle to natively provide quick support and easy access to information for their employees. The IT service management market offers tools to solve this problem to some extent. However, deploying these solutions requires time and specialized resources. The emergence of AI has brought some relief. Yet, enabling a chatbot-like experience often demands an incumbent…
Incention is launching a platform to bring AI and blockchain to Hollywood, and it is working with Hollywood writer David S. Goyer (Foundation, The Dark Knight trilogy, Blade) to redefine how modern entertainment franchises are developed. Incention sits on top of Story (formerly Story protocol), a blockchain platform that transforms intellectual property into programmable digital assets, empowering IP holders to tokenize, protect, share, and monetize their ideas in the age of AI. Story believes that creators, developers and artists should be able to be rewarded for what they contribute to AI. But it’s not easy to trace their contributions, and Story, which has raised $140 million…
Last week, Chinese startup DeepSeek sent shockwaves in the AI community with its frugal yet highly performant open-source release, DeepSeek-R1. The model uses pure reinforcement learning (RL) to match OpenAI’s o1 on a range of benchmarks, challenging the longstanding notion that only large-scale training with powerful chips can lead to high-performing AI. However, with the blockbuster release, many have also started pondering the implications of the Chinese model, including the possibility of DeepSeek transmitting personal user data to China. The concerns started with the company’s privacy policy. Soon, the issue snowballed, with OpenAI technical staff member Steven Heidel indirectly suggesting that Americans love to “give…
Pocket Worlds, maker of the popular social gaming app Highrise has acquired Infinite Canvas, an AI-driven user-generated content (UGC) development team. Infinite Canvas has created AI-powered experiences across UGC platforms like Roblox and Discord, reaching a peak of 19 million monthly active users. This acquisition positions Pocket Worlds to beef up its creator tools, enabling more tailored, dynamic experiences for its diverse Highrise community. Highrise has generated more than $250 million in revenue and 40 million players (as of June 2024). And those Highrise users are predominantly women in their 20s. Infinite Canvas developed its own proprietary AI technology to create accessible, never before possible gaming experiences…
Emergence of cheaper Chinese rival has wiped $1tn off the value of leading US tech companies Donald Trump has said that the launch of a chatbot by China’s DeepSeek is a “wake-up call” for US tech firms in the global race to dominate artificial intelligence. The emergence of DeepSeek, which has built its R1 model chatbot at a fraction of the cost of competitors such as OpenAI’s ChatGPT and Google’s Gemini, wiped $1tn (£800bn) in value from the leading US tech index on Monday. Nvidia, a leading maker of computer chips that has experienced explosive growth amid the AI boom, had…
Chinese AI lab DeepSeek might be getting the bulk of the tech industry’s attention this week. But one of its top domestic rivals, Alibaba, isn’t sitting idly by. Alibaba’s Qwen team on Monday released a new family of AI models, Qwen2.5-VL, that can perform a number of text and image analysis tasks. The models can parse files, understand videos, and count objects in images, as well as control a PC — similar to the model powering OpenAI’s recently launched Operator. Per the Qwen team’s benchmarking, the best Qwen2.5-VL model beats OpenAI’s GPT-4o, Anthropic’s Claude 3.5 Sonnet, and Google’s Gemini 2.0 Flash on a range of video understanding,…
Apple released new software updates on Monday, including iOS 18.3, which automatically opts users into Apple Intelligence, at least for newer devices. Unlike what the tech industry seems to think, or wants to believe, not everyone wants generative AI features enabled by default on their devices. You may want to switch off the new AI features because you are concerned about the AI industry’s impact on the environment or some of the political views of the industry’s top players, or you just don’t think it works very well right now — something that has so far been proven true with Apple Intelligence, so much so that there’s an entire subreddit dedicated…
Quartz, the international business news outlet, has been quietly aggregating reporting from other outlets, including TechCrunch, in order to publish AI-generated articles under the byline “Quartz Intelligence Newsroom.” Quartz started publishing simple AI-generated earnings reports months ago, but beginning last week, the outlet moved on to short articles. One of the 18 AI-generated articles published as of Monday afternoon, titled “South Korea shares preliminary findings on Jeju Air crash investigation,” aggregates reporting done by real journalists at CNN, MSN, and The Associated Press on MSN.com. Each of the outlet’s AI-generated articles is roughly 400 words in length, and includes no full…
DeepSeek’s new open source AI reasoning model, R1, sparked a sell-off of Nvidia’s stock and caused its consumer app to soar to the top of the app stores. Last month DeepSeek said it trained a model using a data center of some 2,000 of Nvidia’s H800 GPUs in just about two months at a cost of around $5.5 million. Last week, it published a paper showing that its latest model’s performance matched the most advanced reasoning models in the world. These models are being trained in data centers that are spending billions on Nvidia’s faster, very pricey AI chips. The reaction across the tech industry to…
LinkedIn founder Reid Hoffman and Siddhartha Mukherjee, cancer researcher and author of the book “The Emperor of All Maladies,” have co-founded an AI-powered drug discovery startup, Manas AI. The company, which will initially focus on breast cancer, prostate cancer, and lymphoma, has raised $24.6 million in seed funding from Hoffman, General Catalyst, and Greylock. Manas AI’s capital haul pales compared with some other startups trying to use AI models to develop novel drugs. Last year, Xaira, which claimed that it was ready to start developing drugs, launched with a massive $1 billion in initial funding. Treeline Biosciences is another company that uses AI…
Chinese AI chatbot DeepSeek sparks market turmoil Peter Hoskins & Imran Rahman-JonesBusiness and technology reporters Shares in major US technology firms have fallen steeply in value after the sudden emergence of a low-cost chatbot built by a Chinese artificial intelligence (AI) firm. The DeepSeek app, which was launched last week, has overtaken rivals including ChatGPT to become the most downloaded free app in the United States. Shares in chip giant Nvidia fell 10% while Microsoft and Meta were also lower in early trading in the US on Monday. The chatbot was reportedly developed for a fraction of the cost of…
NEW YORK–(BUSINESS WIRE)–UiPath (NYSE: PATH), a leading enterprise automation and AI software company, today released a new report that reveals 90% of IT executives have business processes that would be improved by agentic AI, while 77% state they are prepared to invest in agentic AI this year. “I expect that robotic process automation will orchestrate the agents. For larger scale processes, you need clear orchestration and governance, and that means a deterministic technology like RPA”Post this The UiPath 2025 Agentic AI Report—based on a survey of more than 250 U.S. IT executives at companies with revenue over $1 billion and qualitative interviews with senior technology…
The stock market took a hit as fears surrounding artificial intelligence (AI) dominated Wall Street. The Nasdaq dropped over 3%, fueled by concerns over China’s DeepSeek, an AI startup challenging the dominance of US tech giants like OpenAI and Nvidia. DeepSeek’s more efficient model, using fewer chips, has shaken investor confidence in the AI-driven growth that’s powered major stocks. Nvidia saw its stock plunge by 11%, while other tech leaders, including Microsoft, Alphabet, and the “Magnifice .. On Monday, the Nasdaq Composite led the way with a sharp drop of nearly 3%, and the S&P 500 followed closely behind, falling 1.7%.…
Chinese AI firm DeepSeek has emerged as a potential challenger to U.S. AI companies, demonstrating breakthrough models that claim to offer performance comparable to leading offerings at a fraction of the cost. The company’s mobile app, released in early January, has lately topped the App Store charts across major markets including the U.S., UK, and China, but it hasn’t escaped doubts about whether its claims are true. Founded in 2023 by Liang Wenfeng, the former chief of AI-driven quant hedge fund High-Flyer, DeepSeek’s models are open source and incorporate a reasoning feature that articulates its thinking before providing responses. Wall Street’s reactions have…
Japan’s chip-related stocks fell Monday as Chinese AI startup DeepSeek challenges America’s global leadership in artificial intelligence, threatening Asian tech companies part of the U.S. AI value chain. Shares of semiconductor testing equipment supplier Advantest, which counts Nvidia among its clients, fell 8.6%. Tokyo Electron dropped 4.9%, while Renesas Electronics fell 1.24%. Softbank Group, which owns chip designer Arm, plunged 8.3% after trading higher last week on CEO Masayoshi Son’s plans to invest $100 billion in the U.S. “Japan’s chip stocks are selling off sharply on the DeepSeek concerns and we are seeing a rotation out of growth names into value,” Andrew Jackson, head of equity strategy at…
WOBURN, Mass.–(BUSINESS WIRE)–SES AI Corporation “SES AI” (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced that it has received a significant purchase order from Data Blanket, a global leader in AI-driven drones. “Li-Metal and AI-enabled management and safety systems are an enabling combination for us at Data Blanket. It supports longer operations and safe battery use in harsh environments, and we plan to expand SES systems across our product line.”Post this The purchase order is for high energy density and high-power density AI-enhanced Li-Metal and Li-ion batteries. These batteries…
HONG KONG, Jan. 27, 2025 /PRNewswire/ — Amidst the AI-driven landscape of passed CES 2025, smart home ecosystems are redefining consumer expectations. As a pioneering brand in the electronics industry, Toshiba TV continues to push the boundaries of innovation. The Toshiba TV REGZA AI-powered engines redefine home viewing—turning every screen into a smart, responsive canvas that understands and anticipates viewers’ deepest entertainment cravings. Embrace the Future of Entertainment with AI-enhanced ChipAt the heart of Toshiba TV’s technological innovation lies the REGZA Engine ZRi, a sophisticated processor that transforms television viewing. Delivering pristine 4K resolution enhanced by Dolby Vision IQ, this intelligent chip goes beyond traditional display technologies.…
Believe it or not, there is a difference between a data center and a server farm. And with Amazon planning more data centers in central Ohio, we take a look at the largest such facilities here. Did you know Ohio is a data hub for major companies like Google and Meta? Within the next two years, it will also become home to more data centers for companies like Microsoft and Amazon. What is a data center? Is it the same as a server farm? Let’s look at the difference. Amazon will have a major data center campus in Jeffersonville, Ohio According to a…
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