By
Paula ParisiJune 3, 2024
French startup Mistral AI has released its first large language model for coding. Codestral gives developers looking for a code-native AI tool an option to Meta’s Code Llama, Microsoft’s GitHub Copilot and Amazon Q. Fluent in 80 programming languages — including Python, C++ and JavaScript — Codestral can complete code, write tests, and augment partial code “using a fill-in-the-middle mechanism,” while reducing “the risk of errors and bugs,” according to the company. The new LLM is described as open, but its license prohibits commercial use of both Codestral and its outputs. Continue reading Mistral Development Tool Knows 80 Programming Languages
By
Paula ParisiMay 29, 2024
Music startup Suno, which leverages ChatGPT tech with the goal of emulating that app’s success in music, has raised $125 million in Series B funding, resulting in a valuation of $500 million. Founded by Harvard physics PhD turned tech entrepreneur Mikey Shulman, the company is being called “a rising star” in the realm of generative AI. Suno lets people generate original songs by using text prompts or lyrics, with the AI supplying the melodies and harmonies for fully-formed compositions. “We started Suno to build a future where anyone can make music,” according to the company. Continue reading AI Startup Suno Raises Funds to ‘Democratize Music Creation’
By
Debra KaufmanAugust 27, 2020
U.S. District Judge Yvonne Gonzalez Rogers ruled that Epic Games can maintain access to Apple’s Developer Tools but that its game “Fortnite” will stay out of its App Store. “Apple has chosen to act severely, and by doing so, has impacted non-parties, and a third-party developer ecosystem,” wrote the judge. Epic Games founder and chief executive Tim Sweeney is battling Apple and Google over their app store commissions. Apple’s response to the ruling was to state it looked “forward to making our case to the court in September.” Continue reading Epic Games Wins a Partial Victory in Legal Battle with Apple
By
Debra KaufmanMay 21, 2020
Marc Andreessen and other Silicon Valley venture capitalists are behind Clubhouse, an audio-based social media app that allows them to meet virtually. Still in beta, the invite-only app counts celebrity MC Hammer and activist DeRay Mckesson among its first members. According to sources, Andreessen Horowitz also beat out other venture firms to invest in Clubhouse, agreeing to infuse $10 million and pay $2 million to buy shares from the app’s existing shareholders. With the financing, Clubhouse is now valued at almost $100 million. Continue reading Clubhouse Becoming Elite Silicon Valley Virtual Meeting App
By
Debra KaufmanJune 8, 2017
At WWDC 2017 this week, Apple debuted its first original series produced for distribution via Apple Music, aimed at its 27 million subscribers. The 10-episode “Planet of the Apps” features Jessica Alba, Gwyneth Paltrow, musician will.i.am and entrepreneur Gary Vaynerchuk. Structured similarly to “The Voice” and “Top Chef,” the show’s judges counsel inventors as they develop apps focusing on shopping, exercise and other services. Apple already produced a spinoff of “Carpool Karaoke” (to launch August 8) and acquired rights to a documentary about music tycoon Clive Davis. Continue reading Apple Launches Its First Original Series: ‘Planet of the Apps’
By
Rob ScottJanuary 25, 2017
As part of its push to ramp up software offerings for enterprise customers, Cisco Systems is purchasing software maker AppDynamics Inc. for a premium $3.7 billion, just as the company was about to go public. AppDynamics software helps companies — including airlines, banks and retailers — monitor their applications’ performance and address any potential problems across cloud services offered by Google, IBM and others. The startup was founded by engineer Jyoti Bansal in 2008. Continue reading Cisco Systems Plans $3.7 Billion Acquisition of AppDynamics
By
Debra KaufmanNovember 30, 2016
CNN just made a deal to acquire Beme, a social media app founded by Casey Neistat, who has a huge millennial fan base, and Matt Hackett, former Tumblr vice president of engineering. As part of the deal, Beme’s 12 employees will join CNN. The idea behind Beme was to share “more authentic” video on social platforms, via four-second bursts that don’t allow the creator to edit the content. CNN is betting that Neistat’s idea — that authenticity draws in a younger demographic — proves true under their aegis. Continue reading CNN Acquires Social App Beme to Attract Youth Demographic