Santa Monica-based AI startup Rabbit Inc. is offering a virtual assistant in the form of a pocket device that the company says can improve upon mobile phones by learning to use your apps and running them for you. Heavily publicized at CES 2024 in Las Vegas this week, the initial run of the company’s r-1 units had as of Tuesday sold out at $199 each. The retro-looking device with a 2.88-inch touchscreen is continuing to take preorders; shipments are scheduled to begin in late March. The company says its proprietary Rabbit OS is the first operating system built on a Large Action Model (LAM) foundation. LAMs are LLMs trained on datasets of actions and consequences. Continue reading CES: Rabbit Launches AI-Powered Pocket Controller for Apps

Startup Flip AI has built a custom LLM to run its observability platform. Observability is the act of monitoring corporate IT systems, ferreting out issues or identifying potential problems before they occur. It’s a 24/7 process, and can slow down sites or apps, sometimes causing crashes. Not to be confused with the PDF reader app, Flip AI has trained an LLM specifically to monitor new and emerging challenges. Concurrently, Flip AI has announced $6.5 million in seed funding led by Factory with participation from Morgan Stanley Next Level Fund and GTM Capital. Continue reading Startup Flip AI Creates Custom LLM to Address Observability

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

Gable.ai is emerging out of stealth mode this week with $7 million in seed funding and a plan to bridge the gap between data gathering and the artificial intelligence applications that rely on that data to function. The startup’s approach is based on the premise that “data modeling is often an afterthought” at the AI stage, where software developers are stuck working with whatever the data crew has handed them. Gable.ai aims to create a more structured workflow between the two, where end-uses are taken into account at the front end resulting in clean data optimized for AI use. Continue reading Gable.ai Aims to Reinvent How Data Engineers and AI Interact

A new $2,000 mobile device called “Spacetop” comes with its own augmented reality glasses that can create a 100-inch virtual display. Sightful, the Tel Aviv-based startup behind the new AR laptop, was co-founded by CEO Tamir Berliner and COO Tomer Kahan, both previously with Florida-based AR glasses firm Magic Leap. Spacetop utilizes a custom operating system that Sightful says is compatible with Web-based applications such as Google Workspace, Zoom and Figma. The glasses reportedly offer resolution of 1080p per eye, which Sightful says provides sub-pixel viewing resolution. Continue reading Sightful’s Spacetop AR Laptop Offers 100-Inch Virtual Display

On March 2, an international gathering of media technology executives and startups spent an hour discussing “the multiverse” and related topics. It was part of a day-long SPROCKIT Sync and ETC@USC Multiverse Symposium co-sponsored by the ETC and SPROCKIT, with additional support from ETC member Ronin X Foundation. Moderated by ETC’s Phil Lelyveld and Ronin X’s Sandeep Casi, attendees debated how to define the metaverse; discussed how development would impact contracts, rights and payments; raised tech implications of free range experiences and dynamic storytelling on capture and distribution processes and infrastructure; and addressed mixed reality experiences being planned and tested for theme parks. Watch a 9-minute video highlight reel of the discussion. Continue reading Tech Leaders Map the Multiverse at ETC Digital Town Square

New York-based Runway is releasing its Gen 2 system, which generates video clips of up to a few seconds from text or image-based user prompts. The company, which specializes in artificial intelligence-enhanced film and editing tools, has opened a waitlist for the new product that will be accessed through a private Discord channel by an audience grown over time. Last year, Meta Platforms and Google both previewed text-to-video software in the research stage, but neither detailed plans to make their platforms public. Bloomberg called Runway’s limited launch “the most high-profile instance of such text-to-video generation outside of a lab.” Continue reading Runway Opens Waitlist for Its Gen 2 Text-to-Video AI System

Well-funded software startups are springing up to target the enterprise market with generative artificial intelligence technology of the type popularized by ChatGPT. In 2022, global venture-capital investors parked $1.3 billion in more than 78 generative AI startup deals, according to PitchBook Data. That’s nearly as much as the combined capital investment in other tech startups over the past five years, and it came at a time when the broader investment sector was experiencing a slowdown, PitchBook found. Two of Q4’s biggest venture deals were for the generative AI startups Jasper, based in Austin, Texas, and Stability AI, headquartered in London. Continue reading Venture Capital Investors Are Drawn to Generative AI Startups

A seed round by Ithaca, New York-based software firm Mintlify has raised $2.8 million led by Bain Capital Ventures. The startup uses artificial intelligence to automate software documentation. CEO and co-founder Han Wang says the funds will go to product development and hiring that will increase the company’s small staff. Mintify was launched in 2021 by Wang and Hahnbee Lee, a pair of software engineers who were driven to address a pressing industry need: quality documentation. A 2017 survey by GitHub found that 93 percent of developers listed incomplete or outdated documentation as an industry-wide problem. Continue reading Mintlify Leverages AI to Auto-Generate Code Documentation

Game studio HiDef has teamed up with San Francisco-based software developer Unity Technologies to work on a games-as-a-service project that focuses on games that “connect and entertain people through creative expression, competition, shared experiences, and cultural discovery.” The San Diego-based HiDef, founded by Anthony Castoro, Jace Hall, Rick Fox and David Washington in 2019, recently raised $9 million. HiDef said the first title is a metaverse mobile game using the Unity game engine, created in concert with Unity’s gaming services team. Continue reading HiDef and Unity Pursue Social Impact and Diversity in Games

Podcasts have the potential to be intimate, captivating and entertaining. The recent podcasting boom began in 2014 with “Serial,” a true crime drama that changed perceptions of how big podcasting could be. But it wasn’t profitable right away and took millions of downloads over time to get there. The question became: could podcasts similar to “Serial” be replicated on a commercial basis? It seems that they now have the potential. For example, news sources such as The New York Times and Vox are proving that there can be big money in daily news podcasting.

Continue reading Today’s Podcasts Are Finally Proving They Can Turn a Profit

Kickstarter has hired an investigative journalist to look into a recent case in which a successful fundraising campaign led to spectacular failure. British drone startup Torquing Group raised $3.4 million (£2.3 million) and, less than a year later, went down in flames. Its co-founder/chief executive Ivan Reedman left the company for “personal health issues and irreconcilable differences” and, a visit to the company’s Wales headquarters didn’t turn up a working prototype of the product due to ship within months. Continue reading Kickstarter Hires Reporter to Investigate Drone Startup Failure

Warner Music Group’s artist and label services company WEA has acquired U.K.-based startup Playlists.net. The startup, which allows users to share, upload, and discover Spotify playlists, will still operate as a standalone company. Because the music charts in the U.K. now take streaming music into account, WEA could use Playlists.net’s platform to promote playlists with their artists or track data that could help predict up-and-coming artists or trends in music. Continue reading Warner Music Group Buys Music Curation Startup Playlists.net

Viv Labs, a startup founded by three of the people who developed Siri for Apple, is currently working on an artificial intelligence technology that will truly be able to perform tasks at the sound of a voice command. Unlike Siri, the new AI named Viv will be able to teach itself to perform almost any function, not just the ones that are programmed. The AI will also get to know its user, recognize the services that the user prefers, and eventually know what the user needs before it is stated. Continue reading Siri Creators Build a New Improved AI That Can Teach Itself

Twitter announced that it has acquired an artificial intelligence startup known as Madbits. The social network is buying into Madbits’ technology that can search an image and understand its content. This new image search engine is based on deep learning, a type of AI that relies on convolutional neural nets, much like a human’s network of neurons in the brain. Twitter is just the latest in a line of tech companies to invest in this type of technology. Continue reading Twitter Acquires AI Startup Madbits, Explores Image Search