By
Paula ParisiJune 24, 2024
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
By
ETCentric StaffApril 16, 2024
In response to a new law that would require online platforms to pay publishers for news summaries, Google announced it is undertaking a “short-term test” to block links to California-based news sources for some users in the state. The California Journalism Preservation Act, which was introduced in March 2023 and passed by the State Assembly last year, has yet to advance to a hearing by the State Senate Judiciary Committee. The still pending legislation would require digital services, including Google and Meta Platforms, to pay a “journalism usage fee” to certain outlets when their content is used alongside digital ads. Continue reading Payment Law Prompts Google to Block California News Links
By
ETCentric StaffMarch 14, 2024
Perplexity is a year-old AI startup whose conversational “answer engine” has gained attention as a potential challenger to conventional search. Two months ago the venture raised $73.6 million in Series B funding from investors including Nvidia and Amazon founder Jeff Bezos via his Bezos Expeditions, resulting in a valuation of about $520 million. Now the company is said to be finalizing another cash infusion that is predicted to double its valuation to roughly $1 billion. The current financing round is reportedly being led by former Y Combinator partner Daniel Gross through his own investment fund. Continue reading AI Startup Perplexity Targets $1B Valuation with New Funding
By
Paula ParisiJanuary 30, 2024
The Browser Company, which last year issued an iPhone web browser called Arc, has now released Arc Search, which combines artificial intelligence functionality. The five-year-old New York-based company is stressing speed and an absence of clutter for its new search experience, which it concedes is still in “the earliest stages.” The main Arc Search feature is the AI-powered “Browse for Me,” which compiles results from at least six different sources into a summarized presentation informed by models from OpenAI and others. Basically, Browse for Me builds a mini webpage instead of just returning links with abstracts. Continue reading Browser Company’s Arc Search Uses AI to Upgrade Browsing
By
Paula ParisiNovember 17, 2023
More U.S. adults say they regularly get news from TikTok, according to a Pew Research study that says this bucks the general trend of news consumption declining or remaining flat at other social media sites over the past few years. Since 2020, regular TikTok news consumption among American adults has more than quadrupled to 14 percent, from 3 percent, Pew finds. Among younger adults, news consumption is even higher, with 32 percent of those ages 18 to 29 claiming to regularly get news on TikTok. This compares with 15 percent of those 30 to 49. Continue reading TikTok on the Rise as News Source, Facebook and X Decline
By
Paula ParisiJune 9, 2023
Google DeepMind has discovered a way to create AI algorithms that run faster than those coded by humans, which could lead to more cost-effective software development and computing that is more efficient and sustainable, according to the Alphabet company. The breakthrough, detailed in the journal Nature, is called AlphaDev. It uses a form of machine learning called reinforcement that allows computers to build on their successes, honing strategies independent of human programmers. In this case, faster algorithms were developed for computer-science functions like sorting and hashing. Continue reading Google DeepMind’s AlphaDev Can Create Faster Algorithms
By
Paula ParisiMay 8, 2023
Microsoft’s AI-powered Bing search engine has been drawing in excess of 100 million daily active users and logged half a billion chats. With OpenAI’s GPT-4 and DALL-E 2 models driving the action, it has also created over 200 million images since debuting in limited preview in February. Seeking to build on that momentum, Microsoft is adding new features and integrating Bing more tightly with its Edge browser. The company is also ditching its waitlist in a move to open preview. “We’re underway with the transformation of search,” CVP and consumer CMO Yusuf Mehdi said at a preview event last week. Continue reading Microsoft’s Next Generation of Bing AI Interacts with Images
By
Paula ParisiMarch 23, 2023
Google has opened a public waitlist for its Bard AI chatbot to users in the U.S. and UK. The technology, which Google intends to compete with OpenAI’s ChatGPT, will be made available to increments of users on a rolling basis, the company said, with more countries and languages to come. Bard was announced last month. Powered by a lightweight, optimized version of Google’s LaMDA large language model, the company calls it an “early experiment” that will eventually be updated with more sophisticated models. The same can be said for ChatGPT, which already has more than 100 million users. Continue reading Google Takes Its Bard Search Bot Public, a Rival to ChatGPT
By
Paula ParisiMarch 23, 2023
Microsoft is bringing Bing Image Creator to the new Bing search engine and Edge browser. Powered by an advanced version of the DALL-E model from OpenAI, the new tools will allow users to generate images using word prompts to describe what they want to want to create. The news comes as Microsoft says its new Bing AI Copilot has had “more than 100 million chats to date,” with people using it to refine answers to complex questions or as entertainment or creative inspiration. Bing data indicates images are one of the most searched categories, second only to general web searches, according to Microsoft. Continue reading Microsoft Introduces Visual AI Tools to Bing, Edge Platforms
By
Paula ParisiMarch 16, 2023
OpenAI has released GPT-4, which it says is a more powerful and reliable version of the artificial intelligence technology powering its viral ChatGPT chatbot. GPT-4 can analyze images and handle larger blocks of text and is generally “more creative and collaborative” than earlier iterations when it comes to things like composing songs, writing screenplays and mimicking a user’s authorial style. “GPT-4 can solve difficult problems with greater accuracy, thanks to its broader general knowledge and problem-solving abilities,” OpenAI says. GPT-4 is already driving the chatbot technology behind Microsoft’s Bing AI search engine, now in beta. Continue reading OpenAI Announces Official Launch of GPT-4 Multimodal Tech
By
Paula ParisiMarch 13, 2023
China’s Baidu is racing to meet the March 16 deadline to debut Ernie Bot, which it hopes will be the Eastern equivalent to OpenAI’s ChatGPT. Teams have been working around the clock. In addition to programming duties, staff has been reaching out to borrow compute time on high-powered processors that Chinese companies can no longer purchase at their discretion due to U.S. sanctions. Ernie is still being trained ahead of its highly anticipated launch. Baidu intends to roll out its chatbot in stages, first to a limited pool of public users who can provide test feedback, observers say. Continue reading Baidu Rushes Ernie Launch to Meet China’s Chatbot Demand
By
Paula ParisiFebruary 28, 2023
Snapchat is launching My AI, a new chatbot running a customized version of the latest GPT technology from OpenAI. Available as an experimental feature to subscribers with a $3.99 per month Snapchat+ account, My AI rolls out starting this week, offering everything from birthday gift recommendations to weekend recreational plans, recipes and auto-generated poetry and prose. “As with all AI-powered chatbots, My AI is prone to hallucination and can be tricked into saying just about anything,” Snapchat cautions, explaining that “all conversations with My AI will be stored and may be reviewed to improve the product experience.” Continue reading Snapchat’s New AI Chatbot Is Powered by OpenAI GPT Tech
By
Paula ParisiFebruary 21, 2023
With language models like ChatGPT dominating recent tech news, Meta Platforms has unveiled a new artificial intelligence platform of its own called Toolformer that breaks new ground in that it can teach itself to use external apps and APIs. The result, Meta says, is that Toolformer combines the conversational aptitude and other things large language models are good at while shoring up those areas in which it typically does not excel — like math and fact-checking — by figuring out how to use external tools like search engines, calculators and calendars. Continue reading Meta Toolformer Sidesteps AI Language Limits with API Calls
By
Paula ParisiFebruary 15, 2023
Neeva is promising a more intelligent form of AI-powered search. The company — which says it has amassed more than 2 million subscribers since it began globally launching its ad-free, subscription-based Neeva engine in 2020 — is now going global with NeevaAI, which became commercially available in the U.S. in January following a monthlong beta test. Positioned as a direct competitor to ChatGPT, NeevaAI is styling itself as a smarter, more accurate form of artificial intelligence, one that “combines the best of large language models such as ChatGPT with the authority and timeliness of search.” Continue reading NeevaAI Takes on ChatGPT in the Generative AI Search War
By
Paula ParisiFebruary 9, 2023
It appears 2023 will mark a critical inflection point for artificial intelligence, according to Microsoft vice chair and president Brad Smith, who calls AI “the most consequential technology advance of our lifetime” and says it will change “almost everything. Because, like no technology before it, these AI advances augment humanity’s ability to think, reason, learn and express ourselves.” One example is Microsoft’s infusion of AI in two common tools — the search engine and the web browser — with new versions of its Bing search engine and Edge browser, tools positioned “as an AI co-pilot for the web.” Continue reading AI ‘Inflection Point’ in 2023 Ushered in with Search, Browsing