Palo Alto-based startup PIP Labs announced an $80 million funding round for Story Protocol, a blockchain platform to track intellectual property rights in the era of artificial intelligence and the data scraping that enables model training. CEO and co-founder Seung Yoon “SY” Lee says the company aims to create a more sustainable IP environment for digital consumers and builders. The raise, led by Andreessen Horowitz (a16z) and Polychain Capital, values the startup at $2.25 billion. The move comes after Sahara AI announced it raised $43 million this month to fund a blockchain-based IP tracking system. Continue reading Story Raises $80M to Create Blockchain-Based IP Protection

MainFunc Inc. has raised $60 million on the strength of its principal technology — a free, AI-powered search engine called Genspark. The platform responds to queries by writing custom summaries that are presented in a “Sparkpage,” a one-page overview featuring content from around the web. Genspark joins a growing field of generative AI search engines, the best-known of which is Perplexity, which has raised $250 million since its 2022 launch and is currently valued at about $2.5 billion. Reuters says Genspark’s funding values the company at $260 million. Google also offers “AI Overviews” as part of Google search. Continue reading Genspark Joins Collection of GenAI-Powered Search Engines

Dr. Fei-Fei Li, Stanford professor and co-director of Stanford HAI (Human-Centered AI), and Andrew Ng, venture capitalist and managing general partner at Palo Alto-based AI Fund discussed the current state and expected near-term developments in artificial intelligence. As a general purpose technology, AI development will both deepen, as private sector LLMs are developed for industry-specific needs, and broaden, as open source public sector LLMs emerge to address broad societal problems. Expect exciting advances in image models — what Li calls “pixel space.” When implementing AI, think about teams rather than individuals, and think about tasks rather than jobs. Continue reading CES: Session Details the Impact and Future of AI Technology

Tech workers are adjusting to new hiring conditions, with the larger firms in traditional digital power corridors said to be cutting back while diverse cities step-up to attract new businesses that can boost the local economy. Hiring freezes and layoffs among larger tech firms such as Apple, Netflix and Twitter are meant to mitigate fear of a looming recession. Into the void comes an increasingly aggressive phalanx of cities and towns across the U.S. providing grants and other perks to attract companies. The idea is businesses bring a tax base and staff can work remotely or take advantage of cost savings by relocating to more affordable markets. Continue reading U.S. Cities Are Luring Silicon Valley Firms and Tech Workers

Former President Barack Obama sounded a warning against unregulated Big Tech in a speech last week at Stanford University near Palo Alto, California. Cautioning that the power of social media giants to curate information has “turbocharged” political polarization, Obama said the imbalance of power threatened the very pillars of global democracy itself. “Tech companies need to be more transparent about how they operate,” Obama said. “So much of the conversation around disinformation is focused on what people post. The bigger issue is what content these platforms promote.”  Continue reading Obama Takes Up Mantle of Social Media Regulatory Oversight

Palo Alto-based startup Arraiy is developing methods for automating part of the often-tedious process of producing visual effects for movies, TV shows and video games. “Filmmakers can do this stuff, but they have to do it by hand,” said CTO Gary Bradski, who has worked with tech companies such as Intel and Magic Leap. The Arraiy team, led by Bradski and CEO Ethan Rublee, “are building computer algorithms that can learn design tasks by analyzing years of work by movie effects houses,” reports The New York Times. “That includes systems that learn to ‘rotoscope’ raw camera footage, carefully separating people and objects from their backgrounds so that they can be dropped onto new backgrounds.” Continue reading Startup Using AI to Help Create Effects for Movies, TV, Games

At CES 2018, Lyft and Aptiv, a self-driving software company, will offer rides to show attendees in its automated ride hailing service (with a safety driver in the front seat). The goal, say the two companies, is to “accelerate the availability of automated driving platforms for commercial applications,” by operating in a complex environment such as the Las Vegas metro area. Aptiv is a subsidiary of Delphi Automotive, which split into two companies to emphasize its capabilities in self-driving technologies. Continue reading At CES 2018, Attendees Can Hail a Lyft/Aptiv Autonomous Car

Facebook just acquired Ozlo, a small AI startup founded four years ago and based in Palo Alto, California. The social media giant made the purchase in order to improve Messenger’s virtual assistant, dubbed M. Ozlo describes its product as “an index of knowledge about the real world,” which implies that a user could ask questions and receive answers about a wide range of topics. The company has 30 employees, and a majority of them will be joining Facebook’s Messenger teams in Menlo Park, California and Seattle, Washington. Continue reading Facebook Buys AI Startup Ozlo to Improve Virtual Assistant M

The Ford Motor Company is extending its foray into self-driving car technology with a $1 billion investment in Argo AI, an artificial intelligence startup. The newly formed startup, led by former Google and Uber self-driving experts, will initially develop the technology for Ford before licensing it to other companies. The move is part of Ford’s strategy to rebrand itself as more than a car manufacturer. The billion-dollar investment will roll out over the next five years. Argo AI will become a subsidiary of Ford that operates out of Pittsburgh, one of the main hubs of autonomous driving research. Continue reading Ford Pursues Self-Driving Tech, Invests $1 Billion in AI Startup

Google has been testing its wireless-transmission technology using the 3.5 GHz band in Kansas City. Now, a redacted Federal Communications Commission filing reveals that the company has plans to set up its experimental transmitters for 24 months at up to 24 locations in the U.S., including Provo, Utah; Omaha, Nebraska; and Boulder, Colorado. The filing shows that Google is asking for authorization to operate in the range of 3.4 to 3.8 GHz, relying on newly available spectrum. Continue reading Google to Expand Tests of Wireless Internet to 24 Locations

As revenue from streaming rose 29 percent last year, artists and the recording industry are renewing their effort to get the U.S. Copyright Office to take a second look at the “safe harbor provisions” of the 1998 Digital Millennium Copyright Act. They say that places the onus on policing copyright infringement on them, protecting services such as YouTube where copyrighted material is uploaded without permission. Katy Perry, Billy Joel and Rod Stewart are among the artists who have put a public face on the debate. Continue reading Artists Say ‘Safe Harbor’ is a Shield for Copyright Infringement

As interest in virtual reality heats up across industries, a number of international media players — including Disney, Sky, Axel Springer, ProSiebenSat.1 Media, China Media Capital and Evolution Media Partners (backed by TPG and Creative Artists Agency) — are investing $65 million in Palo Alto-based VR startup Jaunt. The investment follows other high-profile moves in immersive tech: Google joined venture funds in investing $542 million in Magic Leap last year, and Oculus VR raised $75 million before Facebook picked up the company for $2 billion. Continue reading Investment from Media Firms Brings Jaunt’s Funding to $100M

Fiat Chrysler CEO Sergio Marchionne recently commented that he would be open to the possibility of developing a partnership between his auto company and one of the major tech companies. Apple, which has already begun the process of developing an electric car, seems like a logical fit for such a partnership. During Apple’s most recent annual shareholder meeting, CEO Tim Cook was reportedly urged by investors to explore the idea of partnering with Tesla Motors. Continue reading Should We Expect a Fiat-Apple Partnership in the Near Future?

Palo Alto-based BetterWorks, a company with funding and public support from venture capitalist John Doerr, has developed software that not only measures worker performance but also helps employees set individual goals to become more efficient in the workplace. The company’s software makes use of tactics and practices found in social media, fitness trackers and video games to encourage employees to set and accomplish goals in a process that is transparent to bosses and co-workers. Continue reading BetterWorks Designed to Track and Improve Work Efficiency

Some Lenovo laptops that have shipped since August include a pre-installed adware program known as Visual Discovery by Superfish. While Superfish is designed to serve ads, it reportedly does so in a dangerous way that leaves users vulnerable to hackers. While Lenovo claims that it has investigated the tech and does “not find any evidence to substantiate security concerns,” Internet security analysts suggest a major problem still exists. The Department of Homeland Security warns that Superfish makes users vulnerable to SSL spoofing. Continue reading Security: Government Urges Removing Superfish from Laptops