FTC Is Investigating AI Investments by Major Tech Companies

The Federal Trade Commission has opened an investigation into Big Tech’s artificial intelligence arms race. Specifically, the agency has ordered five companies to provide information under what it calls a “6(b) inquiry,” targeting Amazon and Google’s strategic alliance with Anthropic, and Microsoft’s investment in OpenAI. The scrutiny aims “to build a better internal understanding of these relationships and their impact on the competitive landscape.” In other words, the government does not want another free for all, along the lines of social media’s growth, which saw big players acquire startups competing in the space. Continue reading FTC Is Investigating AI Investments by Major Tech Companies

Altman Is Seeking Billions in Global Funding for AI Chip Plants

Further insights into OpenAI CEO Sam Altman’s global fundraising effort for a multi-billion dollar computer chip venture now appears to be toward a goal establishing a network of semiconductor plants to manufacture AI chips, according to media reports. The plan would see the 38-year-old entering a hotly competitive yet underserved field, dominated by Nvidia and increasingly Intel, AMD and Qualcomm. Apparently, he feels the existing players aren’t set up to produce the amount of chips required to meet the goals of OpenAI and others through 2030, now that many businesses incorporate AI into workflows and consumer products. Continue reading Altman Is Seeking Billions in Global Funding for AI Chip Plants

Meta Combines Research Units to Develop Open-Source AGI

In a Threads post last week, Meta Platforms CEO Mark Zuckerberg announced that the company’s new frontier is open-source artificial general intelligence (AGI). Meta has united its FAIR and GenAI research teams behind the goal of developing such a platform, which Zuckerberg described as part of the company’s “long-term vision.” “The next generation of services required is building full general intelligence, building the best AI assistants, AIs for creators, AIs for businesses and more,” Zuckerberg said, explaining that will require “advances in every area of AI from reasoning to planning to coding to memory and other cognitive abilities.” Continue reading Meta Combines Research Units to Develop Open-Source AGI

CES: Getty Rolls Out iStock Generative AI Powered by Nvidia

Getty Images and Nvidia are expanding their AI partnership with the addition of the text-to-image platform Generative AI by iStock, designed to produce stock photos that can be used by individuals or enterprise customers. Built on Nvidia Picasso, a foundry for custom AI models, and trained exclusively on data from Getty Images’ proprietary creative libraries, Generative AI by iStock “has been engineered to guard against generations of known products, people, places or other copyrighted elements,” Getty explains, adding that “any licensed visual that a customer generates comes with iStock’s standard $10,000 USD legal coverage.” Continue reading CES: Getty Rolls Out iStock Generative AI Powered by Nvidia

Intel, DigitalBridge Launch GenAI Software Firm for Enterprise

Intel has teamed with Florida-based investment firm DigitalBridge to launch Articul8, an independent company catering to the GenAI software needs of enterprise customers by offering secure, vertically-optimized full-stack solutions. Intel says the GenAI system can read text and images. It was reportedly developed by Intel to meet the security needs of Boston Consulting Group to run in its data centers, and later scaled for general enterprise use. Articul8 aims to keep customer data, training and inference “within the enterprise security perimeter,” Intel notes, adding that customers can choose between cloud, on-premise or hybrid deployment. Continue reading Intel, DigitalBridge Launch GenAI Software Firm for Enterprise

Square Enix to Explore New Content Possibilities with AI, XR

Japanese triple-A game publisher Square Enix rang in the New Year with an open letter from President Takashi Kiryu emphasizing that the 20-year-old firm intends to reinforce its core business of content development and game publishing while aggressively exploring new areas like artificial intelligence and extended reality. In the short term, AI will be used “to enhance our development productivity and achieve greater sophistication in our marketing efforts,” Kiryu wrote in his letter, explaining that “in the longer term, we hope to leverage those technologies to create new forms of content.” Continue reading Square Enix to Explore New Content Possibilities with AI, XR

Stability AI Is Offering Paid Membership for Commercial Users

As the pressure ratchets up for AI companies to go beyond the wow factor and make money, Stability AI has formalized three subscription tiers as it seeks to expand commercial use of its open-source, multimodal core models. The Stability AI Membership offerings include a free tier for personal and research (i.e., non-commercial) use, a professional tier that costs $20 a month, and a custom-priced enterprise tier for large outfits. The company says that with the three tiers it is “striking a balance between fostering competitiveness and maintaining openness in AI technologies.” Continue reading Stability AI Is Offering Paid Membership for Commercial Users

Microsoft Brings Meta’s Llama 2 to Azure Models as a Service

Microsoft has expanded its Models as a Service (MaaS) catalog for Azure AI Studio, building beyond the 40 models announced at the Microsoft Ignite event last month with the addition of the Llama 2 code generation model from Meta Platforms in public preview. In addition, GPT-4 Turbo with Vision has been added to accelerate generative AI and multimodal application development. Similar to things like Software as a Service (SaaS) and Infrastructure as a Service (IaaS), MaaS lets customers use AI models on-demand over the web with easy setup and technical support. Continue reading Microsoft Brings Meta’s Llama 2 to Azure Models as a Service

Adobe and Figma Call Off Their Proposed $20 Billion Merger

In the wake of increasing pressure from European regulators, Adobe and Figma announced they are terminating their proposed merger agreement. California-based Adobe had planned to purchase Figma’s cloud-based product design platform for $20 billion, a proposal that was 15 months into the regulatory review process. However, the two companies eventually agreed there was no possibility of obtaining regulatory approval from the European Commission and the UK Competition and Markets Authority (CMA). According to a regulatory filing, the decision to cancel the deal will require Adobe to pay Figma a reverse termination fee of $1 billion in cash. Continue reading Adobe and Figma Call Off Their Proposed $20 Billion Merger

Google Announces the Launch of Gemini, Its Largest AI Model

Google is closing the year by heralding 2024 as the “Gemini era,” with the introduction of its “most capable and general AI model yet,” Gemini 1.0. This new foundation model is optimized for three different use-case sizes: Ultra, Pro and Nano. As a result, Google is releasing a new, Gemini-powered version of its Bard chatbot, available to English speakers in the U.S. and 170 global regions. Google touts Gemini as built from the ground up for multimodality, reasoning across text, images, video, audio and code. However, Bard will not as yet incorporate Gemini’s ability to analyze sound and images. Continue reading Google Announces the Launch of Gemini, Its Largest AI Model

Standalone Image Generator Is Among New AI Tools by Meta

Meta Platforms is moving Imagine with Meta from its test bed as a generative AI experience in chats to a standalone experience on the Web that allows users to create high-resolution images using natural language text prompts. That is one of more than 20 generative AI features Meta is deploying to create new business opportunities globally leveraging AI across search, ads, business messaging and more. While most will wind up on Facebook, Instagram, Messenger and WhatsApp, some say Meta’s popular Facebook and Instagram platforms have plateaued at 2 to 3 billion users per month, circumscribing ad growth. Continue reading Standalone Image Generator Is Among New AI Tools by Meta

AMD’s New AI Chips Get Welcome Reception from Enterprise

AMD is coming to market with a new slate of chips optimized for artificial intelligence, including the AMD Instinct MI300 Series data center AI accelerators, ROCm 6 open software stack with new features for large language models, and Ryzen 8040 Series processors with Ryzen AI. The new offerings have received a welcome reception from customers including Microsoft, Oracle, Meta Platforms and Dell, among others that can benefit from building a strong network of suppliers of AI chips. The market is currently dominated by Nvidia, which is challenged to meet existing demand. Continue reading AMD’s New AI Chips Get Welcome Reception from Enterprise

Stability AI Intros Real-Time Text-to-Image Generation Model

Stability AI, developer of Stable Diffusion (one of the leading visual content generators, alongside Midjourney and DALL-E), has introduced SDXL Turbo — a new AI model that demonstrates more of the latent possibilities of the common diffusion generation approach: images that update in real time as the user’s prompt updates. This feature was always a possibility even with previous diffusion models given text and images are comprehended differently across linear time, but increased efficiency of generation algorithms and the steady accretion of GPUs and TPUs in a developer’s data center makes the experience more magical. Continue reading Stability AI Intros Real-Time Text-to-Image Generation Model

Altman Reinstated as CEO of OpenAI, Microsoft Joins Board

Sam Altman has wasted no time since being rehired as CEO of OpenAI on November 22, four days after being fired. This week, the 38-year-old leader of one of the most influential artificial intelligence firms outlined his “immediate priorities” and announced a newly constituted “initial board” that includes a non-voting seat for investor Microsoft. The three voting members thus far include former Salesforce co-CEO Bret Taylor as chairman and former U.S. Treasury Secretary Larry Summers — both newcomers — and sophomore Adam D’Angelo, CEO of Quora. Mira Murati, interim CEO during Altman’s brief absence, returns to her role as CTO. Continue reading Altman Reinstated as CEO of OpenAI, Microsoft Joins Board

Amazon Unveils Productivity Chatbot, Gets Nvidia Superchip

Amazon Web Services is introducing Amazon Q, an AI chatbot geared toward enterprise clients who can customize it to increase productivity for their specific business needs. AWS also announced that it has updated its homegrown Graviton4 chips for a 30 percent performance boost. AWS confirmed it will be the first Big Tech firm to deploy the latest version of Nvidia’s Grace Hopper Superchip AI accelerator, and additionally will become a data center host for Nvidia’s DGX Cloud service. The announcements were disclosed at the AWS re:Invent conference in Las Vegas. Continue reading Amazon Unveils Productivity Chatbot, Gets Nvidia Superchip