Anthropic has released Claude 3, claiming new industry benchmarks that see the family of three new large language models approaching “near-human” cognitive capability in some instances. Accessible via Anthropic’s website, the three new models — Claude 3 Haiku, Claude 3 Sonnet and Claude 3 Opus — represent successively increased complexity and parameter count. Sonnet is powering the current Claude.ai chatbot and is free, for now, requiring only an email sign-in. Opus comes with the the $20 monthly subscription for Claude Pro. Both are generally available from the Anthropic website and via API in 159 countries, with Haiku coming soon. Continue reading Anthropic’s Claude 3 AI Is Said to Have ‘Near-Human’ Abilities

Apple has been fined $1.95 billion by the European Union after the bloc’s executive body, the European Commission, found the iPhone maker in violation of antitrust law by using its App Store market dominance to stifle music streaming competition. The EC found that Apple suppressed the ability of app developers to communicate with iOS users about alternative music subscription services available outside the App Store. The fine stems from a 2019 complaint from Spotify that triggered an investigation into Apple. Spotify hailed the result as a win for consumers and “an important moment in the fight for a more open Internet,” while Apple has vowed to appeal. Continue reading Apple Fined $1.95 Billion by EU for Music Streaming Antitrust

Lightricks, the company behind apps including Facetune, Photoleap and Videoleap, has come up with a text-to-video tool called LTX Studio that it is being positioned as a turnkey AI tool for filmmakers and other creators. “From concept to creation,” the new app aims to enable “the transformation of a single idea into a cohesive, AI-generated video.” Currently waitlisted, Lightricks says it will make the web-based tool available to the public for free, at least initially, beginning in April, allowing users to “direct each scene down to specific camera angles with specialized AI.” Continue reading Lightricks LTX Studio Is a Text-to-Video Filmmaking Platform

Project Music GenAI Control, an experimental work from Adobe Research, is setting out to change how people create and edit custom audio and music. The prototype tool lets creators generate music from text prompts, “and then have fine-grained control to edit that audio for their precise needs,” according to Adobe. Designed to help create music for broadcasts, podcasts or other “audio that’s just the right mood, tone, and length,” it can generate music from text prompts like “powerful rock,” “happy dance” or “sad jazz,” says Adobe Research Senior Research Scientist Nicholas Bryan, a creator of the technology. Continue reading Adobe’s Prototype AI Tool Is a ‘Photoshop for Music-Making’

Community message board and social news aggregator Reddit, founded in 2005, has filed to go public on the New York Stock Exchange in an IPO observers say may be complete in a matter of weeks. It is the first social media company to go public in many years, with Snap Inc.’s 2017 offering cited as the most recent stock market splash. Reddit’s bankers are reportedly seeking a $5 billion valuation, about half the $10 billion it was valued at for a 2021 private funding round. Reddit filed with the SEC the same day it announced an “expanded partnership” with Google to use Vertex AI. Continue reading Reddit Announces IPO on Heels of Expanded Deal with Google

Demand for artificial intelligence computer chips drove Nvidia income up 769 percent to nearly $12.3 billion for Q4, year-over-year, and 286 percent — to just over $29.7 billion — for the full-year fiscal 2024 frame that ended January 28. Revenue was $22.1 billion (+265 percent) and $60.9 billion (+126 percent) for the respective periods. Data center sales hit record highs of $18.4 billion for the quarter, up 409 percent from the previous year, $47.5 billion for the fiscal year, an increase of 217 percent. Gaming revenue was flat for Q4, at $2.9 billion, and up 115 percent for the year. Continue reading Nvidia Revenue and Profits Soar on Strength of AI Chip Sales

Apple Sports is a new free app for iPhones that delivers real-time scores, stats and more via a GUI designed by Apple. Available to download from the App Store in the U.S., Canada and UK, the app currently tracks Major League Soccer, Premier League soccer, the National Basketball Association, men’s and women’s NCAA basketball, and the National Hockey League, among others. More sports will be added over time, Apple said, mentioning Major League Baseball and the National Football League. The concept is designed to keep fans continuously connected to their favorite teams while driving Apple TV tune-in. Continue reading Apple Sports App Provides Stats, Real-Time Scores and More

The NFL playoffs coupled with heavy streaming and the return of scripted broadcast programming sent January television viewership to a four-year high, according to Nielsen’s The Gauge, which charted a 1.4 percent viewership increase year-over-year — described as noteworthy in a month in which the NFL playoffs typically drive viewership higher. January 2024 included three of the top 10 highest-viewership TV days since The Gauge debuted in May 2021. YouTube continued its streaming dominance for the twelfth consecutive month, with 8.6 percent of January TV streaming viewership, according to The Gauge. Netflix was number two at 7.9 percent. Continue reading Nielsen: TV Viewership Hits Four-Year High Led by YouTube

“What if you could describe a sound and generate it with AI?,” asks startup ElevenLabs, which set out to do just that, and says it has succeeded. The two-year-old company explains it “used text prompts like ‘waves crashing,’ ‘metal clanging,’ ‘birds chirping,’ and ‘racing car engine’ to generate audio.” Best known for using machine learning to clone voices, the AI firm founded by Google and Palantir alums has yet to make publicly available its new text-to-sound model but began teasing it by releasing online demos this week. Some see the technology as a natural complement to the latest wave of image generators. Continue reading ElevenLabs Promotes Its Latest Advances in AI Audio Effects

Walmart is acquiring Vizio in a deal valued at $2.3 billion. The retail giant is following a template established by Amazon by expanding into entertainment media and connected TV advertising. The majority of Vizio’s growth from the last five years has come from ads on its WatchFree+ platform, which offers more than 260 channels, Walmart said touting a deal point. Vizio’s primary business is manufacturing value-priced TV sets. It also makes soundbars. The deal will instantly vault Walmart into a mix of players including Amazon, Roku, Samsung Ads and Google’s YouTube. Continue reading Walmart Bolsters Advertising Business with Vizio Acquisition

Google has unveiled a new policy, the AI Cyber Defense Initiative, designed to harness the power of artificial intelligence to improve global cybersecurity defenses. The proposed policy aims to counteract rapidly evolving threats by using AI to improve threat detection, automate vulnerability management and enhance incident response effectiveness. The Alphabet company introduced its new plan at the Munich Security Conference, where it also announced it has a pool of $2 million to award businesses and academic institutions for research initiatives involving large language models, code verification and other AI uses for cyber offense and defense. Continue reading Google Targets Global Security with AI Cyber Defense Initiative

Google has rebranded its Bard chatbot as Gemini, and is launching a Gemini mobile app along with a subscription offering for Gemini Advanced that will be included as part of the new $19.95 monthly Google One AI Premium plan. As with Bard, Google will continue to make a free version of the Gemini chatbot available. Gemini Advanced is powered by Gemini Ultra, the most sophisticated of the three Gemini AI models Google unveiled in December. “Gemini Advanced not only allows you to have longer, more detailed conversations, it also better understands the context from your previous prompts,” Google explains. Continue reading Google Intros Gemini Advanced Chatbot, One AI Subscription

Web-based transcription service Otter.ai is expanding its toolkit with Meeting GenAI, aimed at corporate customers who want to increase meeting productivity while decreasing effort. Multi-meeting capabilities have been added using Otter AI Chat, which can respond to queries like “What did I miss in the meetings from the past two weeks?” Conversation Summary View summarizes meetings in real-time along with automatically identified action items that are assigned owners, deadlines and tracking. Otter is positioning itself as a David versus the Goliaths of AI meeting assists: Microsoft Copilot, Zoom AI Companion and Google’s Gemini for Workspace. Continue reading Otter Adds New Generative AI Features to Its Meeting Assistant

Nvidia is investing $30 billion in a new business unit focused on custom chips for high-performance computing. The company already controls about 80 percent of the advanced chip market but wants to avoid losing ground as alternatives spring up. Alphabet, AWS, Intel and AMD market high-end processors to third-parties, and Meta is expected to begin deploying its own Artemis AI chips this year. Nvidia has had discussions with Amazon, Google, Meta, Microsoft and OpenAI about helping them create bespoke chips and is also talking to automakers, cloud service providers (CSPs) and telecom companies, according to reports. Continue reading Nvidia to Launch Unit Devoted to Building Custom HPC Chips

The global augmented reality market is expected to reach $289 billion by 2030, according to a recent study by Research and Markets, and advertisers have taken notice. While the majority of revenue is generated by software, then hardware, the augmented reality advertising market is projected to generate $1.2 billion in revenue in the U.S. in 2024, according to the Interactive Advertising Bureau. To help foster growth in that nascent sector, the IAB has teamed with the Media Ratings Council to create consistent definitions and measurement guidelines for ads within AR campaigns. Continue reading IAB and MRC Join Forces to Develop AR Advertising Guidelines