Amazon Plans to Invest Up to $4 Billion in AI Startup Anthropic

Amazon has entered into a strategic investment in San Francisco-based Anthropic, founded by former members of OpenAI. The AI startup will train and deploy future models using AWS Trainium and Inferentia chips to train and deploy future foundation models with AWS as its primary cloud provider. In turn, Amazon says it will invest up to $4 billion in Anthropic, as it strives to compete with other technology firms in the race to develop generative AI, seeding growth for what is shaping up to be an entirely new economic and social landscape. Continue reading Amazon Plans to Invest Up to $4 Billion in AI Startup Anthropic

Microsoft Unveils Next-Gen Surface Devices, New AI Features

During its Surface and AI event in New York City on Thursday, Microsoft introduced a pair of new Surface laptops and an array of generative AI upgrades to Bing Chat, Windows Copilot and more. Taking center stage in hardware was the company’s more powerful Surface Laptop Studio 2 and the ultra-portable Surface Laptop Go 3. Also unveiled was the Surface Go 4 for Business, the latest miniature version of its Surface Pro tablet, and the company’s large touchscreen Surface Hub, designed for office use. Beginning this month, Microsoft rolls out Copilot — “your everyday AI companion” — in a free Windows 11 update, followed by Bing, Edge, and Microsoft 365 this fall. Continue reading Microsoft Unveils Next-Gen Surface Devices, New AI Features

Tech Titans Convene in Washington for First AI Insight Forum

The first U.S. Senate AI Insight Forum was a lively event, with xAI’s Elon Musk calling for a federal department of artificial intelligence while Meta’s Mark Zuckerberg emphasized a need for transparency and Google’s Sundar Pichai stressed AI’s potential to improve the human condition with regard to things like health and energy. The three-hour meeting was organized by Senate Majority Leader Chuck Schumer (D-New York) who said the crash course would address both how AI “enriches our world and opens the door to new prosperity” and how society can “minimize the very real risks.” Continue reading Tech Titans Convene in Washington for First AI Insight Forum

Google Digital Futures Project Pumps $20M into Responsible AI

Google is establishing a $20 million fund to promote responsible AI through its charitable arm, Google.org. The investment will provide grants to academics and think tanks as part of the company’s new Digital Futures Project, announced on the eve of today’s private meeting between Congress and AI-focused tech giants. “AI has the potential to make our lives easier and address some of society’s most complex challenges — like preventing disease, making cities work better and predicting natural disasters. But it also raises questions about fairness, bias, misinformation, security and the future of work,” Google said. Continue reading Google Digital Futures Project Pumps $20M into Responsible AI

Lenovo Offers Glasses-Free 3D at 4K via ThinkVision Monitor

It’s an ideal time to outfit hybrid home workers, and Lenovo is going all-in on the concept, rolling out new tools for digital business users. Foremost among the digital offerings is the ThinkVision 27 3D, a 27-inch glasses-free 2D/3D compatible monitor with real-time eye-tracking. Designed for developers and professional content creators like graphic artists or product designers who can benefit from immersive 3D visualization, ThinkVision has a max resolution of 1920×2160 for 3D and displays flat at 3840×2160, thanks to a lenticular lens in the monitor that can toggle between the two. Continue reading Lenovo Offers Glasses-Free 3D at 4K via ThinkVision Monitor

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 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

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

Gaming Gets Boost with Nvidia DLSS 3.5 AI Neural Rendering

This fall, gamers will be able to enjoy more realistic play thanks to the latest Nvidia AI neural rendering techniques in DLSS 3.5 with Ray Reconstruction. Unlike the boost Nvidia provided with DLSS 3’s Frame Generation add-on, DLSS 3.5 boosts ray tracing across the RTX GPU lineup. Nvidia’s new DLSS 3.5 release isn’t only for gamers. Ray Reconstruction is also coming to third-party 3D creator tools like Chaos Vantage and D5 Render as well as the Nvidia Omniverse line of products, providing more accurate previews, among other advantages. Continue reading Gaming Gets Boost with Nvidia DLSS 3.5 AI Neural Rendering

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

VMware and Nvidia Are Bringing Generative AI to Enterprises

VMware and Nvidia have joined forces on “VMware Private AI Foundation with Nvidia,” a fully-integrated solution designed to bring generative AI training and deployment to enterprise clients running on VMware’s hybrid cloud infrastructure. The full-stack product will provide software, compute power and everything needed to fine-tune large language models using proprietary data. “Together with Nvidia, we’ll empower enterprises to run their generative AI workloads adjacent to their data with confidence while addressing their corporate data privacy, security and control concerns,” said VMware CEO Raghu Raghuram. Continue reading VMware and Nvidia Are Bringing Generative AI to Enterprises

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

Samsung Freestyle Projector Adds Streaming Games and TV

Samsung’s Freestyle Gen 2 with Gaming Hub is a compact smart projector that adds mobility to high-end gaming. Weighing under two pounds, the device turns surfaces from ceilings to tent walls into what’s described as a cinema-quality screen, displaying at resolutions up to full HD (1080×1920) at 30- to 100-inches. The built-in Gaming Hub eliminates the need to tote a separate console and provides access to up to more than 3,000 streaming games. It also runs Tizen OS, offering the advantages of a Samsung Smart TV. The $799 unit ships August 31. Continue reading Samsung Freestyle Projector Adds Streaming Games and TV

Netflix Beta Tests Its Game Streaming on TVs and Computers

Netflix continues to expand its game ecosystem. The company released a TV game controller for iOS devices earlier this month and has just begun beta testing its game streaming on TVs in Canada and the UK, with plans to begin tests for computer play in the coming weeks. Participating in the tests are partner devices including Amazon Fire TV Streaming Media Players, Chromecast with Google TV, LG TVs, Nvidia Shield TV, Roku devices and TVs, Samsung Smart TVs, and Walmart Onn, with plans for more manufacturers to be added on an ongoing basis. Continue reading Netflix Beta Tests Its Game Streaming on TVs and Computers

ETC Will Host Sessions at SIGGRAPH Conference This Week

ETC@USC will host its 8th vETC virtual conference at SIGGRAPH 2023 in Los Angeles, August 8-10. The event – which highlights significant presentations of emerging technologies and their impact on the M&E industry – will explore how generative AI, machine learning, and other compelling new tools help simplify building 3D worlds and tackle today’s computer vision challenges. Three days of sessions will be recorded and posted on ETC’s YouTube channel. For those attending SIGGRAPH who may be interested in attending the sessions (located at Z by HP Booth 215), visit the program guide, which includes a full schedule and speaker bios. Continue reading ETC Will Host Sessions at SIGGRAPH Conference This Week