Alphabet announced that its revenue was up 14 percent to $84.7 billion in Q2, slightly outperforming expectations. Profits rose 29 percent to $23.6 billion, beating analyst targets by $900 million. Search continued to be a top performer, generating $48.5 billion in the three-month period ending June 30, while Google advertising was up 10.5 percent to $64.6 billion. Google CEO Sundar Pichai said the company’s cloud and generative AI solutions “are being used by more than 2 million developers.” The Google Cloud services unit surpassed the $10 billion quarterly revenue mark for the first time. “We are innovating at every layer of the AI stack,” Pichai added. Continue reading Alphabet Reports Q2 Profits Jump 29 Percent to $23.6 Billion

In April, Meta Platforms revealed that it was working on an open-source AI model that performed as well as proprietary models from top AI companies such as OpenAI and Anthropic. Now, Meta CEO Mark Zuckerberg says that model has arrived in the form of Llama 3.1 405B, “the first frontier-level open-source AI model.” The company is also releasing “new and improved” Llama 3.1 70B and 8B models. In addition to general cost and performance benefits, the fact that the Llama 3.1 405B model is open source “will make it the best choice for fine-tuning and distilling smaller models,” according to Meta. Continue reading Meta Calls New Llama the First Open-Source Frontier Model

Nvidia and French startup Mistral AI are jointly releasing a new language model called Mistral NeMo 12B that brings enterprise AI capabilities to the desktop without the need for major cloud resources. Developers can easily customize and deploy the new LLM for applications supporting chatbots, multilingual tasks, coding and summarization, according to Nvidia. “NeMo 12B offers a large context window of up to 128k tokens,” explains Mistral, adding that “its reasoning, world knowledge, and coding accuracy are state-of-the-art in its size category.” Available under the Apache 2.0 license, it is easy to implement as a drop-in replacement for Mistral 7B. Continue reading Mistral, Nvidia Bring Enterprise AI to Desktop with NeMo 12B

Microsoft has officially moved its AI-powered Designer app out of preview, making the Canva competitor available to iOS and Android users. The app uses text prompts to generate images and designs for items such as logos, greeting cards, stickers and invitations. Powered by OpenAI’s DALL-E 3 image model, Designer is available as an app in Windows and as a free mobile app. New capabilities include the ability to edit existing designs and the addition of “prompt templates” to help users who are starting the design process with a blank canvas. “Just describe what you want to see, and Designer can create it for you,” explains Microsoft. Continue reading Microsoft Designer Adds AI Editing, Launches Mobile Release

Google has launched the beta version of its Gemini-powered Google Vids productivity app, which lets users create work-related video presentations that embed documents, slides, audio recordings and even additional videos into a timeline. Incorporated into Workspace Labs, Google’s AI preview space, Google says invited participants can use Vids to “build a narrative with high quality templates” or “get to a first draft faster.” Access to Google’s royalty-free stock content library and Vids recording studio means a project can be completed “without ever leaving Workspace,” according to the company. Continue reading Gemini Powering Google Vids Multimedia Presentation Builder

YouTube Music is working to improve its discovery capabilities. The Google unit is testing an AI-powered personalized radio feature for Premium subscribers in the U.S., and is also gradually rolling out something called Sound Search, which lets users describe a type of sound, including by humming it, then having it searched from a catalog that features “over 100 million official songs,” according to YouTube Music. The feature was introduced on a limited basis on Android in May, and is now expanding to iOS users, albeit on what is still a limited basis. Continue reading YouTube Music Expands Its Sound Search and Tests AI Radio

The Senate has introduced a bill that takes on tamping down deepfakes while also protecting creative content from use for AI model training. The Content Origin Protection and Integrity from Edited and Deepfaked Media Act, to be known as the COPIED Act, seeks to enact safeguards to protect journalists, actors, songwriters and other artists “against AI-driven theft,” while establishing new federal transparency guidelines for marking, authenticating and detecting AI-generated content. Emphasizing accountability, the bill stipulates that those found in violation will be subject to legal action. Continue reading COPIED Act Seeks to Protect from Deepfakes, Training Abuse

After five months of testing, e-commerce giant Amazon is releasing its AI-powered shopping assistant, Rufus, on mobile throughout the U.S. via the Amazon Shopping app. By tapping the icon, shoppers can access a chat interface and query Rufus on topics such as the best portable speakers or summer dresses under $50. In time for this week’s Prime Day event, the new assistant can also provide status updates on orders. Rufus was trained on the Amazon catalog and other Internet content, so it can provide information on a wide variety of topics and reportedly also answer questions about politics and write short stories. Continue reading Amazon’s AI Shopping Assistant Rufus Is Ready for Prime Day

Suno, the AI text-to-music startup that along with AI music generator Udio is currently being sued by the Recording Industry Association of America, has launched its long-awaited mobile app. Likened to a pocket-sized virtual music studio, it is available for free (with ads) to iOS users in the U.S. Suno says a global rollout is coming soon, as is a mobile app for Android. “Whether you’re a shower singer or a charting artist, we break barriers between you and the song you dream of making. No instrument needed, just imagination,” touts Suno’s landing page on Apple’s App Store. Continue reading Suno’s AI Music Generator Is Now Available for iOS Devices

OpenAI has partnered with the Los Alamos National Laboratory to study the ways artificial intelligence frontier models can assist with scientific research in an active lab environment. Established in 1943, the New Mexico facility is best known as home to the Manhattan Project and the development of the world’s first atomic bomb. It currently focuses on national security challenges under the direction of the Department of Energy. As part of the new partnership, the lab will work with OpenAI to produce what it describes as a first-of-its-kind study on the impact of artificial intelligence and biosecurity. Continue reading OpenAI Teams with Los Alamos for Frontier Model Research

Amazon Web Services made availability announcements for services including its enterprise AI assistant Q, which now becomes available on its entry-level SageMaker tier, and introduced some new products at the AWS Summit at New York City’s Javits Center this week. Notably, the App Studio development assistant has launched in public preview. Amazon is also highlighting new features to improve AI accuracy, including a guardrail that detects “hallucinations.” Overall, the event — one in a series of daylong summits held in key cities across the nation — emphasized the comprehensiveness of the company’s generative AI stack. Continue reading AWS Expands Q Availability, Adds Guardrails for Bedrock AI

Amazon announced the public preview launch of its GenAI-powered App Studio service. The platform — which is geared toward professionals who lack extensive software development skills — builds full-featured, enterprise-level apps using natural language prompts. Users simply describe what they would like the app to accomplish and the data sources available to it and App Studio will produce in minutes what the company claims, “could have taken a professional developer days to build from scratch.” The announcement was made during this week’s AWS Summit in New York City. Continue reading AWS Releases GenAI-Powered App Studio in Public Preview

DreamFlare has emerged from stealth to launch what is being billed as the first streaming platform for GenAI video. In addition to the consumer-facing subscription platform, the business model includes a sort of AI studio where creators can tap the expertise of professional storytellers to produce AI video using third-party tools like Runway, Sora and Midjourney. The company will feature two types of content: Flips, which are animated narratives with audio that viewers can also examine frame-by-frame, as with comic books, and Spins, described as “short movies” featuring branched narratives that provide interactive plot choices. Continue reading DreamFlare Launches AI Video Studio and Streaming Service

Generative video creation and editing platform Captions has raised $60 million in Series C funding. Founded in 2021 by former Microsoft engineer Gaurav Misra and Goldman Sachs alum Dwight Churchill, the company’s technologies — Lipdub, AI Edit and the 3D avatar app AI Creator — have amassed more than 10 million downloads for mobile, the firm says. The C round brings its total raise to $100 million for a stated market valuation of $500 million. With the new funding, Captions plans to expand its presence in New York City, which is “emerging as the epicenter for AI research,” according to Misra. Continue reading Captions: Generative Video Startup Raises $60 Million in NYC

Meta Platforms has introduced an AI model it says can generate 3D images from text prompts in under one minute. The new model, called 3D Gen, is billed as a “state-of-the-art, fast pipeline” for turning text input into high-resolution 3D images quickly. The app also adds textures to AI output or existing images through text prompts, and “supports physically-based rendering (PBR), necessary for 3D asset relighting in real-world applications,” Meta explains, adding that in internal tests, 3D Gen outperforms industry baselines on “prompt fidelity and visual quality” and for speed. Continue reading Meta’s 3D Gen Bridges Gap from AI to Production Workflow