By
Paula ParisiAugust 12, 2024
Reddit will soon add AI-generated summaries atop its search results, co-founder and CEO Steve Huffman told investors on a Q2 earnings call last week. The company will later this year begin testing AI-powered search result pages that “summarize and recommend content,” said Huffman, who expects the technology will help Reddit users “dive deeper” into content and aid in discovery. Huffman mused monetization strategies, including boosting ad inventory and possibly installing a paywall to differentiate premium content. The discussions accompanied news that Reddit lost $10.1 million in Q2, which saw revenues of $281 million, a 54 percent increase year-over-year. Continue reading Q2 Report: Reddit Adds Users, Narrows Losses, Preps for AI
By
Paula ParisiAugust 8, 2024
Ziff Davis, a digitally focused publisher built around technology news and information, is adding CNET to a portfolio that already includes Mashable, PCMag and Lifehacker. Media company Red Ventures is said to be getting more than $100 million for CNET, known as an early pioneer among online media outlets. Ziff Davis CEO Vivek Shah, who in 2010 led a buyout of the 100-year-old publishing house he now heads, said the acquisition is part of an expansion plan funded by the company’s $800 million cash on hand at a time when artificial intelligence is boosting the long-term value of content. Continue reading Publisher Ziff Davis Plans to Purchase CNET Tech News Hub
By
Paula ParisiAugust 7, 2024
Google has unveiled three additions to its Gemma 2 family of compact yet powerful open-source AI models, emphasizing safety and transparency. The company’s Gemma 2 2B is a 2.6 billion parameter update to the lightweight 2B parameter Gemma 2, with built-in improvements in safety and performance. Built on Gemma 2, ShieldGemma is a suite of safety content classifier models that “filter the input and outputs of AI models and keep the user safe.” Interoperability model tool Gemma Scope offers what Google calls “unparalleled insight into our models’ inner workings.” Continue reading Latest Gemma 2 Models Emphasize Security and Performance
By
Paula ParisiAugust 7, 2024
Zoom is starting to launch its AI-powered tools first announced in October. Available to Zoom Workplace subscribers, the new Zoom Docs has been engineered from the ground up for AI optimization, leveraging Zoom’s AI Companion for what the company says will result in increased productivity and collaboration. Zoom Docs users will be able to open documents from within the videoconferencing app and can use generative AI to help write and edit them. The results will be easily shareable, Zoom says of its bid to compete with biggies like Google and Microsoft in the business productivity space. Continue reading Zoom Introduces AI-Powered Productivity Tools for Workplace
By
Rob ScottAugust 5, 2024
Facebook parent Meta announced better-than-expected earnings for Q2 last week, surpassing Wall Street estimates for revenue and profit. The company plans to continue spending heavily on artificial intelligence and virtual reality, despite significant losses in its AR/VR and metaverse businesses. Meta reported a revenue increase of 22 percent from $32 billion for the same quarter last year, representing four straight quarters of growth exceeding 20 percent. The company noted that net income jumped 73 percent to $13.47 billion. Advertising revenue, largely from Facebook and Instagram, was up 22 percent year-over-year. Continue reading Meta Reports Q2 Digital Ad Growth, Will Continue AI Spending
By
Paula ParisiJuly 31, 2024
After 50 years of SIGGRAPH, the conference has come full circle, from high-tech for PhDs to AI for everyone. That was Nvidia founder and CEO Jensen Huang’s message in back-to-back keynote sessions, including a Q&A with Meta CEO Mark Zuckerberg. Huang touted Universal Scene Description (OpenUSD), discussing developments aiming to speed adoption of the universal 3D data interchange framework for use in everything from robotics to the creation of “highly accurate virtual worlds for the next evolution of AI.” As Zuckerberg’s interlocutor, he prompted the Facebook founder to share a vision of AI’s personalization of social media. Continue reading Nvidia Debuts New Products to Accelerate Adoption of GenAI
By
Paula ParisiJuly 31, 2024
Meta Platforms CEO Mark Zuckerberg unveiled the latest version of computer vision platform SAM 2, an update on the company’s Segment Anything Model that automates for video what the original SAM did for still images — identifying the edges of an object and isolating it in the frame. Zuckerberg demonstrated SAM 2 as part of a SIGGRAPH 2024 keynote session in which he was interviewed by Nvidia CEO Jensen Huang. “Being able to do this in video and have it be zero shot and tell it what you want, it’s pretty cool,” Zuckerberg said. Meta is sharing the code and model weights for SAM 2 with a permissive Apache 2.0 license. Continue reading Mark Zuckerberg Unveils SAM 2 AI Tech for Segmenting Video
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Paula ParisiJuly 30, 2024
The U.S. Commerce Department has issued a large package of material designed to help AI developers and those using the systems with an approach to identifying and mitigating risks stemming from generative AI and foundation models. Prepared by the National Institute of Standards and Technology and the AI Safety Institute, the guidance includes the initial public draft of its guidelines on “Managing Misuse Risk for Dual-Use Foundation Models.” Dual-use refers to models that can be used for good or ill. The release also includes an open-source software test called Dioptra. Apple is the latest to join the government’s voluntary commitments to responsible AI innovation. Continue reading Apple Joins the Safe AI Initiative as NIST Amps Up Outreach
By
Paula ParisiJuly 26, 2024
Meta Platforms is bringing its Meta AI assistant to Quest 3 headsets in the U.S. and Canada. As part of the company’s ongoing collaboration with Microsoft, Quest 3’s Horizon OS will also get access to real-time information courtesy of Bing search. The update will also bring Meta AI with Vision — already integrated with the Ray-Ban Meta smart glasses — to Horizon OS, initially just in passthrough mode. “These changes will begin rolling out in the U.S. and Canada in experimental mode next month — and we’ll continue to improve the experience over time,” Meta explains. Continue reading Meta Brings AI Assistant, AI Vision to Some Quest Headsets
By
Paula ParisiJuly 25, 2024
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
By
Paula ParisiJuly 19, 2024
U.S. tech companies are fighting back against what they feel are overly oppressive European Union regulations by withholding products from that market. Meta Platforms will not release its next Llama multimodal AI model there, along with future products. Apple last month said certain Apple Intelligence AI features will not be released in the EU. Previously, tech companies would accommodate regional laws by adapting global strategies so they could do business everywhere with the same products. Given the restrictions of the Digital Markets Act and other EU rules, Big Tech is signaling that may no longer be possible. Continue reading Tough EU Laws Prompt Meta, Apple to Withhold New Products
By
Paula ParisiJuly 18, 2024
TikTok owner ByteDance lost its court battle challenging the European Union’s classification of it as a “gatekeeper” under the Digital Markets Act. The victory for EU antitrust regulators underscores its seriousness about reining in the power of Big Tech. As a gatekeeper, China’s ByteDance is lumped in with behemoths Google, Apple, Meta and Microsoft, among others. The DMA, which was passed in 2022 and came into effect this year, says gatekeepers must make certain aspects of their apps interoperable with rivals and forbids self-dealing, with stiff fines imposed for those found to fail. Continue reading ByteDance’s DMA Gatekeeper Appeal Dismissed by EU Court
By
Paula ParisiJuly 17, 2024
Microsoft is working on a new productivity tool that helps artificial intelligence better understand spreadsheets. Still in the experimental phase, SpreadsheetLLM addresses challenges that are unique to applying AI to spreadsheets, “with their extensive two-dimensional grids, various layouts, and diverse formatting options,” the company explains. Hailed as a significant development in the enterprise space, where spreadsheets are used for everything from data entry to financial modeling and are shared among departments, Microsoft points out that as a research area spreadsheet-optimized AI has generally been overlooked in favor of flashier use-cases. Continue reading Microsoft Targets Enterprise Productivity with Spreadsheet AI
By
Paula ParisiJuly 10, 2024
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
By
Paula ParisiJuly 9, 2024
Meta’s popular instant messaging service WhatsApp is reportedly beta testing a feature that would allow the already integrated Meta AI chatbot to edit and reply to images. The capability was spotted in the WhatsApp beta for Android 2.24.14.20, with AI powered by Llama 3, the company’s newest large language model released in April. The beta version works via a camera button added to the text box for Meta AI chat in WhatsApp. When pressed, the button triggers a pop-up that indicates Meta AI can analyze and edit photos, though it’s currently unclear to what extent. Continue reading Meta AI Image Analysis and Editing Beta Tested for WhatsApp