Tag: ai startup

5 things about AI you may have missed today: Bill Gates on AI risks, Wipro launches ai360, more
12Jul By adminNo Comments
Technology

5 things about AI you may have missed today: Bill Gates on AI risks, Wipro launches ai360, more

[ad_1] Yesterday, July 11, was dominated by the incident where Suumit Shah, the founder of the ecommerce startup Dukaan tweeted about replacing 90 percent of the company's customer support staff with artificial intelligence (AI) chatbot, and netizens began condemning the founder for his lack of empathy. Today, things take a different turn as Microsoft cofounder Bill Gates posted a blog where he talked about the risks AI poses and how to manage it. In a separate incident, IT major Wipro launched its new service called ai360. This and more in today's AI roundup. Let us take a closer look. Bill Gates talks about the risks of AIGates wrote a long post on his blog GatesNotes about the existing and potential risks AI poses, and how to manage it. In a tweet, posting about the blog, he said, “T...
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5 things about AI you may have missed today: From wearable AI to first-ever AI biomarker for ADT, read all about it
1Jul By adminNo Comments
Technology

5 things about AI you may have missed today: From wearable AI to first-ever AI biomarker for ADT, read all about it

[ad_1] Yesterday, the biggest news in the artificial intelligence space was that top companies were pushing back on the European Union's AI act which was heavily focused on regulation and transparency of training data for AI models. Today, as we enter the weekend, things have lightened up a bit. The biggest news is the AI startup Humane, which has been working secretively so far, but has now revealed its clothing-based wearable AI gadget called AI pin. In other news, researchers have validated the first-ever AI biomarker for ADT (Androgen Deprivation Therapy). All this and more in today's AI roundup. Let us take a closer look.AI startup Humane announces new AI gadgetAn AI hardware startup called Humane, which was founded in 2018, and is best known for working on AI technology, has made ...
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Andreessen-Backed AI Startup Pinecone Valued at $750 Million
28Apr By adminNo Comments
Technology

Andreessen-Backed AI Startup Pinecone Valued at $750 Million

[ad_1] Pinecone Systems Inc., a startup whose platform supports artificial intelligence software, has raised $100 million in a funding round that values the company at $750 million.The round was led by Andreessen Horowitz, with participation from Iconiq and existing investors Menlo Ventures and Wing Venture Capital, according to a statement Thursday. The firm intends to use the capital for research and development, hiring drive and scaling up the business, Chief Executive Officer Edo Liberty said in an interview. The New York-based company was last valued at $168 million after raising $28 million in a Series A round led by Menlo Ventures in February 2022, according to data provider PitchBook. Since then, interest in AI has skyrocketed as chatbots such as ChatGPT have attracted wider att...
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Google Partners with AI Startup Replit to Take on Microsoft’s GitHub
30Mar By adminNo Comments
Technology

Google Partners with AI Startup Replit to Take on Microsoft’s GitHub

[ad_1] Alphabet Inc.'s Google is striking a partnership to combine its artificial intelligence language models with software from startup Replit Inc. that helps computer programmers write code, a bid to compete with a similar product from Microsoft Corp.'s GitHub and OpenAI.Replit, which has 20 million users, said its Ghostwriter app will rely on Google's language-generation AI to improve its ability to suggest blocks of code, complete programs and answer developer questions. Google Cloud Vice President June Yang declined to specify which language AI products Replit will use, noting that it's a customized combination of systems that address different tasks like chat and code-generation. Previously, Replit built the product with its own AI. Google “has much better technology than most pe...
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Meituan’s Billionaire Co-Founder Joins China’s AI Chatbot Rush
10Mar By adminNo Comments
Technology

Meituan’s Billionaire Co-Founder Joins China’s AI Chatbot Rush

[ad_1] Billionaire Meituan co-founder Wang Xing is clambering aboard a global investment wave to create ChatGPT-like AI bots. Wang, who's largely stayed out of the limelight in recent years, declared in a WeChat post he'll join a Series A investment round for fellow Meituan co-founder Wang Huiwen's AI startup. The billionaire becomes the latest Chinese tech executive to throw his weight behind the quest to top OpenAI's creation, which has taken the global industry by storm since its November debut. “The AI model makes me excited about the huge productivity that will be created, but also worried about its future impact on the whole world,” said Wang, who rarely posts on WeChat and prefers a social media service he himself founded years ago. “Wang and I have been together on the roa...
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Big Tech Is in Crisis. That’s Exactly What It Needed. Pain And AI Will Help In Recovery
5Jan By adminNo Comments
Technology

Big Tech Is in Crisis. That’s Exactly What It Needed. Pain And AI Will Help In Recovery

[ad_1] Painful pressures and AI advances will help reinvigorate a lackluster industry. Joshua Browder, a 26-year-old entrepreneur from the UK, recently supercharged his main product in a way that he could hardly have imagined a few years ago. His startup DoNotPay had spent several years developing a chatbot that could negotiate erroneous or excessive fines and fees on behalf of consumers — think unwarranted parking tickets — building a database of expertise based on its history of human interactions. The bot often needed manual intervention, but in December he had a breakthrough. The bot “talked” to Comcast's online customer service and managed to save someone $120 on their broadband bill. He said it was the first time any such bill had been negotiated purely by AI. How? Earlie...
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