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Green Startup CuspAI Secures $30 Million, Meta Partnership

CuspAI, a UK startup that aims to help engineer sustainable materials, has raised $30 million from venture funds in Europe and the U.S., secured a partnership with Meta’s FAIR unit, and employed the advisory services of AI pioneer Geoffrey Hinton in its mission to tackle climate change. “CuspAI leverages cutting-edge generative AI, deep learning, and molecular simulation to streamline the material design process,” the company announced. Its platform “functions like a search engine for materials, allowing users to request specific properties for new materials on demand,” speeding the process of “the discovery of materials with precise functionalities.” Read more

Meta’s FAIR Team Announces a New Collection of AI Models

Meta Platforms is publicly releasing five new AI models from its Fundamental AI Research (FAIR) team, which has been experimenting with artificial intelligence since 2013. These models including image-to-text, text-to-music generation, and multi-token prediction tools. Meta is introducing a new technique called AudioSeal, an audio watermarking technique designed for the localized detection of AI-generated speech. “AudioSeal makes it possible to pinpoint AI-generated segments within a longer audio snippet,” according to Meta. The feature is timely in light of concern about potential misinformation surrounding the fall presidential election. Read more

YouTube to Tackle Misinformation with Crowdsourced Notes

YouTube is experimenting with a feature that allows viewers to add contextual “Notes” under videos, similar to what X does with its Community Notes. The Google-owned company says the intent is to provide clarity around things like “when a song is meant to be a parody,” when newly reviewed products are available for purchase, or “when older footage is mistakenly portrayed as a current event.” However, the timing preceding a pivotal U.S. presidential election and facing concerns about deepfakes and  misinformation is no doubt intentional. The pilot will initially be available on mobile in the United States. Read more

Netflix Plans to Open Two Entertainment Complexes in 2025

Netflix has selected Dallas, Texas and Pennsylvania’s King of Prussia as the first two cities for its massive location-based entertainment venues, set to open in 2025. Specifying “they’re not exactly theme parks,” the Netflix House destinations will feature shopping, eateries and “regularly updated” experiential activities that tie-in with major franchises like “Bridgerton,” “Stranger Things” and “Squid Game.” Netflix CMO Marian Lee says the company has already launched more than 50 experiences in 25 cities, with Netflix House representing “the next generation” venue for the streaming giant. Read more

Runway’s Gen-3 Alpha Creates AI Videos Up to 10-Seconds

Runway ML has introduced a new foundation model, Gen-3 Alpha, which the company says can generate high-quality, realistic scenes of up to 10 seconds long from text prompts, still images or a video sample. Offering a variety of camera movements, Gen-3 Alpha will initially roll out to Runway’s paid subscribers, but the company plans to add a free version in the future. Runway says Gen-3 Alpha is the first of a new series of models trained on the company’s new large-scale multimodal infrastructure, which offers improvements “in fidelity, consistency, and motion over Gen-2,” released last year. Read more

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