artificial intelligence

Instagram co-founders’ AI-powered news app Artifact is probably not shutting down in spite of everything

Artifact, the well-received AI-powered news app from Instagram’s co-founders Kevin Systrom and Mike Krieger, is probably not shutting down as planned. The corporate announced in January the award-winning app can be winding down operations...

Why is AI so bad at spelling? Because image generators aren’t actually reading text

AIs are easily acing the SAT, defeating chess grandmasters and debugging code prefer it’s nothing. But put an AI up against some middle schoolers on the spelling bee, and it’ll get knocked out faster...

Nvidia CEO wants enterprise to think ‘AI factory,’ not data center

In Monday’s keynote at Nvidia’s GTC 2024 event, CEO Jenson Huang kept repeating the phrase “AI factory.” “Within the last Industrial Revolution, the raw material that went into the factory was water,” Huang told TechCrunch...

VC Arjun Sethi talks a giant game about selling his company-picking strategies to other investors; he says they’re buying it

Arjun Sethi speaks with the arrogance of somebody who knows greater than other people, or else who knows that sounding highly confident can shape perception. Either way, when he tells me over Zoom that...

AI fraud detection software maker Inscribe.ai lays off 40% of staff

One more AI-powered fraud detection software provider is shedding staff. Inscribe, whose platform works to detect fraud in areas like business underwriting, tenant screening and onboarding, has cut slightly below 40% of its staff,...

Volley’s AI-enabled ball machine for racquet sports can simulate gameplay

A latest sports tech startup, Volley, goals to revolutionize the way in which racquet sports players (platform tennis, padel, and pickleball) train with its AI-enabled sports training machine. Unlike traditional tennis ball machines that simply...

Applied Intuition lands $6B valuation for AI-powered autonomous vehicle software

Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, because it pushes to bring more artificial intelligence to the automotive, defense, construction and...

Anti-AI sentiment gets big applause at SXSW 2024 as storytellers dub AI cheerleading as ‘terrifying bullsh**’

A whiff of anti-AI sentiment got big applause on the SXSW conference in Austin this afternoon. Award-winning writers and directors Daniel Kwan and Daniel Scheinert, collectively often called “DANIELS,” originally premiered their film “All...

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