Major Tech Firms Help Boost Valuation of AI21 to $1.4 Billion

AI21 Labs, a pioneer in large language model artificial intelligence, has closed a $155 million Series-C funding that brings the Tel Aviv-based firm’s total raise to $283 million for a valuation of $1.4 billion. Investors include Google, Nvidia, Samsung Next, Walden Catalyst, Pitango, SCB 10X, b2venture, and AI21 co-founder Amnon Shashua. The company is best known for its flagship AI21 Studio product, a developer platform that lets customers pay as they go to build custom text-based business apps using AI21’s proprietary models, notably Jurassic-2. The firm’s portfolio also includes the multilingual reading and writing assistant Wordtune. Continue reading Major Tech Firms Help Boost Valuation of AI21 to $1.4 Billion

Google Introduces an AI Watermark That Cannot Be Removed

Google DeepMind and Google Cloud have teamed to launch what they claim is an indelible AI watermark tool, which if it works would mark an industry first. Called SynthID, the technique for identifying AI-generated images is being launched in beta. The technology embeds its digital watermark “directly into the pixels of an image, making it imperceptible to the human eye, but detectable for identification,” according to DeepMind. SynthID is being released to a limited number of Google’s Vertex AI customers using Imagen, a Google AI language model that generates photorealistic images. Continue reading Google Introduces an AI Watermark That Cannot Be Removed

Google Takes on the Competition with Cloud and AI Services

Google is making many of its most powerful cloud computing tools available commercially for the first time, Google Cloud CEO Thomas Kurian shared at the company’s Cloud Next ’23 conference in San Francisco. In a bid to catch up with top AI rivals such as Amazon and Microsoft, the Google Distributed Cloud will open for general business including at the edge with Vertex AI and PaLM 2. Google Cloud will serve up AI from Anthropic, in which it is an investor, as well as from Meta Platforms. In addition, an AI-infused Gmail productivity suite is on the way. Continue reading Google Takes on the Competition with Cloud and AI Services

Google Is Using AI to Bring Zero Trust Security to Workspace

Google has unveiled a spate of security enhancements to products in its Google Workspace collection including Gmail and Drive. Artificial intelligence is helping to steer some of the changes, automating specific tasks. The upgrades take a new approach, combining the idea of zero trust with the concept of data loss prevention (DLP). Under zero trust, all users, devices and components are considered untrustworthy at all times — even those within an organization’s network. These Workspace tools are in development or at various stages of testing, but Google says they will begin going live in general release later this year and into Q1 2024. Continue reading Google Is Using AI to Bring Zero Trust Security to Workspace

YouTube Unravels Shorts, Demystifying Discovery Algorithm

YouTube has shared a video designed to demystify the algorithm that determines which Shorts get recommended, driving discovery and potential virality. Unlike TikTok and Instagram, YouTube didn’t reveal its top secrets by sharing specific details. In the Q&A presentation, Shorts Product Lead Todd Sherman answered frequently asked questions and emphasized the differences in how viewers consume content on Shorts versus YouTube. While the former involves swiping through hundreds of clips, flagship users are exposed to 10 or 20 videos and must proactively click or tap to play. Continue reading YouTube Unravels Shorts, Demystifying Discovery Algorithm

Big Tech Firms Propel Hugging Face to $4.5 Billion Valuation

Hugging Face has collected $235 million in an investment round that includes contributions from Amazon, IBM, Google, Nvidia, Salesforce, AMD, Intel and Qualcomm. The New York-based startup creates and distributes open-source tools for artificial intelligence development, carving an AI-centric niche similar to the more general programming approach taken by the Microsoft-owned GitHub. The incoming cash infusion — earmarked for talent recruitment — gives Hugging Face a lofty $4.5 billion valuation that experts say indicates momentum for open source in what has to date been a highly competitive AI sector. Continue reading Big Tech Firms Propel Hugging Face to $4.5 Billion Valuation

Demand for AI Chips Drives Nvidia to Revenue Record in Q2

Nvidia announced Q2 revenue of $13.51 billion, a 101 percent year-over-year increase that sets a new company record. The data center division — which accounts for the majority of AI chip sales — also established a new benchmark: $10.32 billion in Q2, a 171 percent leap over the prior fiscal Q2. Nvidia projects that revenue for the current quarter will hit $16 billion — about $3.5 billion above analysts’ expectations. Nvidia chips power OpenAI’s popular ChatGPT and other generative AI and cloud computing apps from companies including Amazon, Google, Meta Platforms, Microsoft and VMWare. Continue reading Demand for AI Chips Drives Nvidia to Revenue Record in Q2

Meta’s Multimodal AI Model Translates Nearly 100 Languages

Meta Platforms is releasing SeamlessM4T, the world’s “first all-in-one multilingual multimodal AI translation and transcription model,” according to the company. SeamlessM4T can perform speech-to-text, speech-to-speech, text-to-speech, and text-to-text translations for up to 100 languages, depending on the task. “Our single model provides on-demand translations that enable people who speak different languages to communicate more effectively,” Meta claims, adding that SeamlessM4T “implicitly recognizes the source languages without the need for a separate language identification model.” Continue reading Meta’s Multimodal AI Model Translates Nearly 100 Languages

The New York Times Looks to Protect IP Content in Era of AI

Newsrooms can potentially benefit greatly from AI language models, but at this early stage they’ve begun laying down boundaries to ensure that rather than having their data coopted to build artificial intelligence by third parties they’ll survive long enough to create models of their own, or license proprietary IP. As industries await regulations from the federal government, The New York Times has proactively updated its terms of service to prohibit data-scraping of its content for machine learning. The move follows a Google policy refresh that expressly states it uses search data to train AI. Continue reading The New York Times Looks to Protect IP Content in Era of AI

OpenAI: GPT-4 Can Help with Content Moderation Workload

OpenAI has shared instructions for training to handle content moderation at scale. Some customers are already using the process, which OpenAI says can reduce time for fine-tuning content moderation policies from weeks or months to mere hours. The company proposes its customization technique can also save money by having GPT-4 do the work of tens of thousands of human moderators. Properly trained, GPT-4 could perform moderation tasks more consistently in that it would be free of human bias, OpenAI says. While AI can incorporate biases from training data, technologists view AI bias as more correctable than human predisposition. Continue reading OpenAI: GPT-4 Can Help with Content Moderation Workload

YouTube Music Adds a Vertical Video Scroll Called ‘Samples’

YouTube Music is adding Samples, a discovery feature that lets users scroll by swiping vertically, similar to TikTok’s signature video feed. Described as “the appetizer to a whole meal,” Samples is comprised of 30-second teasers, but quickly lets users add the entire song to a playlist or share it with friends, all “without leaving YouTube Music,” the Google-owned company informs, suggesting fans “kick off a great new radio station, watch the full video, visit the album page, or even use the song to create your own Short.” Rolling out globally in stages, the Samples tab will appear at the bottom of the YouTube Music app next to the Home, Library and Explore sections. Continue reading YouTube Music Adds a Vertical Video Scroll Called ‘Samples’

Amazon Palm-Scan Payment Plan to Challenge Apple, Google

Amazon plans to enable palm-scan payments at the company’s 500-plus U.S. Whole Foods stores by year’s end with enrollment in Amazon One. Amazon Fresh grocery stores, select Panera restaurants, some stadiums and concert venues, and even a few Starbucks locations are said to be participating in the rollout. Amazon introduced hand-scanning sensor technology in 2020 in a bid to rival Google and Apple in the digital wallet sector. The e-retail giant now has the scanners installed in about 400 locations, some 150 of which are third-party owned, like the Hudson Group airport stores and Coors Field in Denver. Continue reading Amazon Palm-Scan Payment Plan to Challenge Apple, Google

White House Launches $20 Million AI Cybersecurity Challenge

The White House has unveiled plans for a two-year competition with $18.5 million in prizes for artificial intelligence coders who can come up with ways to identify and fix software vulnerabilities in critical infrastructure code, such as that which runs the Internet. Styled AIxCC, the AI Cyber Challenge is being led by the Defense Advanced Research Projects Agency (DARPA) with support from companies including Anthropic, Google, Microsoft and OpenAI, who have committed to lending expertise and technology. Up to seven small businesses will potentially receive $1 million each to participate. Continue reading White House Launches $20 Million AI Cybersecurity Challenge

News Orgs Calling for IP Protection Against AI Model Training

A group of news organizations, including Gannett, Getty Images and the Associated Press, have joined forces to call for copyright protection with regard to artificial intelligence training data. The 10 outlets signed an open letter charging foundation models are trained using media content without permission that is then disseminated “without any consideration of, remuneration to, or attribution to the original creators.” The group is demanding laws to protect journalism from AI, which if left unregulated they claim “can threaten the sustainability of the media ecosystem” by eroding the public’s trust and undermining financial viability. Continue reading News Orgs Calling for IP Protection Against AI Model Training

NFL+ Boosts Prices as It Bundles with NFL Network, RedZone

The National Football League is raising the price of its streaming service, NFL+, now in year two, as live streams of the NFL Network and NFL RedZone cable channels are becoming part of the package. Cost of the premium plan will be $14.99 a month (or $99.99 per year), up 50 percent from $9.99, with the bundled NFL Network and its exclusive regular-season games, and fan-favorite RedZone, which carries live action from all Sunday afternoon games. A subscription to NFL+ with only the NFL Network added will increase 40 percent to $6.99 per month (or $49.99 per year), from $4.99. The changes will coincide with the start of the new season on September 10. Continue reading NFL+ Boosts Prices as It Bundles with NFL Network, RedZone