AI Update - Friday, April 26, 2024

AI Update - Friday, April 26, 2024

?? Today's AI Spotlight! ????

Lights, camera, AI! Join me today as we shine a spotlight on the most exciting developments in artificial intelligence. It's your time to step into the tech limelight! ????

Jump into today's AI updates and stay curious! ????


? OpenAI Startup Fund quietly raises $15M

The?OpenAI Startup Fund , a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law, and the sciences, has quietly closed a $15 million tranche.


? xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders

xAI , Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal – which would give investors one quarter of the company –? is expected to close in the next few weeks unless the terms of the deal change.


? Sanctuary’s new humanoid robot learns faster and costs less

Sanctuary AI often isn’t mentioned in the same breath as humanoid robotics firms like Boston Dynamics, Agility, Figure and 1X, but the Canadian company has been operating in the space for some time. In fact, a new robot introduced on Thursday is actually the seventh-generation of its Phoenix line.


? Watch it and weep (or smile): Synthesia’s AI video avatars now feature emotions

Generative AI has captured the public imagination with a leap into creating elaborate, plausibly real text and imagery out of verbal prompts. But the catch — and there is often a catch — is that the results are often far from perfect when you look a little closer.


? Rabbit’s R1 is a little AI gadget that grows on you

If there’s one?overarching takeaway from last night’s Rabbit R1 launch event, it’s this: Hardware can be fun again. After a decade of unquestioned smartphone dominance, there is, once again, excitement to be found in consumer electronics. The wisdom and longevity of any individual product or form factor — while important — can be set aside for a moment. Just sit back and enjoy the show.


? Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out of stealth with $252M

AI is supercharging coding — and developers are embracing it. In a recent StackOverflow poll, 44% of software engineers said that they?use AI tools as part of their development processes ?now and 26% plan to soon. Gartner?estimates ?that over half of organizations are currently piloting or have already deployed AI-driven coding assistants, and that 75% of developers will use coding assistants in some form by 2028.


? Why code-testing startup Nova AI uses open source LLMs more than OpenAI

It is a universal truth of human nature that the developers who build the code should not be the ones to test it. First of all, most of them pretty much detest that task. Second, like any good auditing protocol, those who do the work should not be the ones who verify it.



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