As companies move forward with leveraging their proprietary data in generative AI applications, enterprises are contending with existing security solutions that may be inadequate for that task. Israeli startup Noma Security is addressing that concern. Just out of stealth mode, Noma has raised $32 million in a Series A round led by Ballistic Ventures with support from Glilot Capital Partners, Cyber Club London and a collection of angel investors. While enterprise firms that host their models at large cloud outfits have access to built-in MLOps security tools, those who are self-hosting, using smaller cloud operations, or want added protection might be interested in Noma. Read more

D-ID has launched two new types of AI-powered avatars: Premium+ and Express. The company’s video-to-video avatar tools aim to provide personal look-alikes that can sub for their creators in uses ranging from instructional videos to business presentations, offloading on-camera duties in areas including sales, marketing and customer support. “Premium+ Avatars can generate hyper-realistic digital humans that are indistinguishable from real people and will serve as the foundation for fully interactive digital agents revolutionizing how brands communicate,” while Express Avatars can rapidly generate serviceable avatars “from just one minute of source footage.” Read more

The Massachusetts Institute of Technology has come up what it thinks is a better way to teach robots general purpose skills. Derived from LLM techniques, the method provides robot intelligence access to an enormous amount of data at once, rather than exposing it to individual programs for specific tasks. Faster and more cost efficient, the approach has been referred to as a “brute force” approach to problem-solving, and machine learners have taken to it in lieu of individualized, task-specific “imitation learning.” Early tests show it outperforming traditional training by more than 20 percent under simulation and real-world conditions. Read more

Amazon reported major revenue and profit increases during its third quarter, beating Wall Street’s forecasts, based largely on the company’s e-commerce sales and increasing demand for its cloud services. Capital expenditure, which reached a record amount following Amazon’s recent investments in artificial intelligence, will maintain its momentum as the company plans $75 billion capex on developing generative AI services over 2024-2025. “The faster we grow demand, the faster we have to invest capital in data centers, network gear and hardware,” explained CEO Andy Jassy. “We invest in all that upfront in advance of when we can monetize it.” Read more

Revenue reached an all-time high for Apple’s most recent quarter as iPhone sales experienced an uptick due in part to consumer excitement for the arrival of Apple Intelligence, the company’s heavily advertised set of AI tools. Total sales reached $94.9 billion for the quarter, up 6 percent year-over-year and exceeding the $94.5 billion that financial analysts had predicted. The company’s iPhone business reported sales of $46.2 billion, following disappointing consecutive quarters in the first half of the year. The AI boom resulted in strong quarters for other Big Tech leaders including Alphabet, Amazon, Meta Platforms and Microsoft. Read more