Yahoo is spinning out its Vespa platform, which leverages AI and data online at scale. The move is being positioned as an effort to make Vespa more widely available to third parties. After supporting Yahoo’s needs for 16 years, the unit in 2021 began serving external customers including Spotify, Wix and OkCupid for needs such as “searching millions of documents within a global organization, serving better data-driven online ads, or allowing AI-based language apps the ability to scale.” Yahoo says it will continue to invest in Vespa and remain its largest customer even after the split. Continue reading Yahoo Spins Out Big Data Unit Vespa AI as Independent Firm

Global SaaS and website creation platform Wix Ltd. will release an AI Site Generator that allows people to create websites using only natural language artificial intelligence prompts. The generator will include a suite of AI-powered capabilities, many of which Wix is already offering as part of its template-based site-building framework. The package “significantly streamlines the entire website-building, design and management process,” offering automated tools that provide the opportunity for Wix users to “operationalize and grow their businesses with never-before-seen ease,” the company co-founder and CEO Avishai Abrahami said. Continue reading Wix AI Site Generator Builds Websites Using Only AI Prompts

Getty Images has filed a lawsuit against Stability AI, alleging the company trained its Stable Diffusion art generator using 12 million images from the Getty database without permission or compensation. The stock photography firm claims Stability AI engaged in “brazen infringement” of Getty Images’ intellectual property “on a staggering scale.” The suit was filed in the U.S. District Court in Delaware. Last month, a trio of artists seeking federal class action status also sued Stability AI, along with AI startup Midjourney and the Wix-owned DeviantArt, which uses Stable Diffusion for its own DreamUp generative imager. Continue reading Getty Files a Lawsuit Against Stability AI for Using Its Images

Nearly $30 billion was spent on NFTs last year, according to analytics firm Chainalysis, and one of the companies that’s benefitted from the boom is OpenSea. The firm has a $13 billion valuation thanks to its well-timed entry into the hot new sector, becoming one of the biggest NFT marketplaces in the world. With success has come headaches, as scam artists began to target NFTs and the people who buy and sell them. Now the four-year-old New York firm and other marketplaces are struggling to find a balance between boomtown and lockdown. Continue reading Cybercriminals Target NFTs on OpenSea, Other Marketplaces