Meta Raids OpenAI, Offers AI Talents Massive Payouts
Meta raids OpenAI, offering top AI talents massive payouts up to $300 million over four years, with one researcher turning down chief scientist role, leaving OpenAI feeling violated.
Generative AI
Musk's xAI Secures $10 Billion for AI Ambitions, Fueling Rivalry
Elon Musk's AI startup xAI secures $10 billion in funding, with $5 billion in debt and $5 billion in equity, fueling its ambitions to build AI infrastructure and develop the Grok chatbot, intensifying rivalry with OpenAI and Anthropic.
AI-Generated 'Band' Velvet Sundown Reveals Itself as Artistic Hoax
An AI-generated 'band' called Velvet Sundown, which amassed over 500,000 monthly Spotify listeners, reveals itself as an artistic hoax using Suno's AI platform to generate songs and maintain a consistent singer's voice, exploring how 'fake' content can have significant impact in internet culture.
Swedish AI Startup Lovable Soars to $2 Billion Valuation, Fueled by Rapid Growth
Swedish AI startup Lovable soars to $2 billion valuation, fueled by rapid growth of its web app-building product reaching $50 million ARR in 6 months and beta launch of AI agent for task automation.
OpenAI Vows Fierce Battle Against Meta's Talent Poaching
OpenAI leadership defiantly vows to combat Meta's aggressive poaching of its top researchers, promising higher compensation and creative retention tactics as the AI lab shifts focus to achieving artificial general intelligence over product rollouts.
Baidu Opens Ernie AI Model, Shaking Up Generative AI Landscape
In a bold move shaking up the generative AI landscape, Chinese tech giant Baidu releases its powerful Ernie large language model as open source, sparking debate over potential disruption and China's AI leadership while pressuring closed AI providers like OpenAI.
Hollywood Ventures into AI-Generated Videos, Filmmakers Seek Control
Hollywood pioneers AI-generated videos, with Asteria's generative models creating film assets from licensed material, while the upcoming 'Uncanny Valley' aims to showcase AI capabilities with human oversight, as filmmakers grapple with maintaining creative control.
SoftBank CEO Goes 'All In' on OpenAI with $33.2 Billion Investment Plan
SoftBank CEO Masayoshi Son announces plans to invest $33.2 billion in OpenAI, predicting it will become the world's most valuable company and positioning SoftBank as the leading platform provider for artificial superintelligence within a decade.
AI Startup Studio Aims to Launch 100,000 Companies Annually
Audos, an AI-powered startup studio, aims to launch a staggering 100,000 companies annually by providing AI tools, social media advertising, and taking a 15% revenue share from 'everyday entrepreneurs' it assists in building businesses.
Replit CEO Unveils AI 'Agents' Autonomously Building Software in Minutes
In a groundbreaking development, Replit's CEO unveils AI 'agents' capable of autonomously building software from written prompts in mere minutes, revolutionizing the coding process and paving the way for rapid application development.