Category: Uncategorized
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Twelve Labs is building AI that can analyze and search through videos
AI models that understand videos as well as text can unlock powerful new applications. At least, that’s what Jae Lee, the co-founder of Twelve Labs, believes. Granted, Lee’s a little biased. Twelve Labs trains video-analyzing models for a range of use cases. But there may just be something to his assertion. Using Twelve Labs’ models,… Read more
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Archer teams up with Anduril and raises $430 million to build defense aircraft
Funding to defense tech companies has boomed in 2024 as geopolitical tensions rise, advancements in AI abound, and investors seek out a new growth area amid a broader tech sector slowdown. Archer Aviation wants in on the action. The aviation startup, which is building vertical take-off and landing (VTOL) aircraft, said Thursday that it has… Read more
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Amid lawsuits and criticism, Character AI unveils new safety tools for teens
Character AI is facing at least two lawsuits, with plaintiffs accusing the company of contributing to a teen’s suicide and exposing a 9-year-old to “hypersexualized content”, as well as promoting self-harm to a 17-year-old user. Amid these ongoing lawsuits and widespread user criticism, the Google-backed company announced new teen safety tools today: a separate model for… Read more
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Harvard and Google to release 1 million public-domain books as AI training dataset
AI training data has a big price tag, one best-suited for deep-pocketed tech firms. This is why Harvard University plans to release a dataset that includes in the region of 1 million public-domain books, spanning genres, languages, and authors including Dickens, Dante, and Shakespeare, which are no longer copyright-protected due to their age. The new… Read more
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Gigs, an ‘MVNO in a box,’ gets $73M to power mobile network services for any company
Gigs, a platform that makes it easier for any company to become a mobile virtual network operator (MVNO), has raised $73 million in a Series B round of funding. The announcement comes as countless companies have added mobile networking services to their product lineup this past year, including neobanks such as Nubank (a Gigs customer)… Read more
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Microsoft quietly axes Skype credit and phone number sales to push subscriptions
Bad news for anyone out there who still uses Skype: the Microsoft-owned phone and messaging platform has quietly stopped letting users top-up accounts with credit and buy Skype phone numbers. Instead, Skype is locking into SaaS mode: it’s pushing users to take monthly subscriptions for regional and global Skype-to-phone plans, for a set monthly fee,… Read more
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Cartesia claims its AI is efficient enough to run pretty much anywhere
It’s becoming increasingly costly to develop and run AI. OpenAI’s AI operations costs could reach $7 billion this year, while Anthropic’s CEO recently suggested that models costing over $10 billion could arrive soon. So the hunt is on for ways to make AI cheaper. Some researchers are focusing on techniques to optimize existing model architectures — i.e.… Read more
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After Meta signals end to publisher payouts, Australia plots Big Tech news tax
A few years ago, Australia passed legislation requiring platform giants including Facebook-owner Meta and YouTube’s parent Google to negotiate with news publishers to pay for journalism reshares. The News Media Bargaining Code forced Big Tech to cut deals with local news outlets. However, Meta has since moved away from promoting news on its platforms globally… Read more
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Researchers find security flaws in Skoda cars that may let hackers remotely track them
Security researchers have discovered multiple vulnerabilities in the infotainment units used in some Skoda cars that could allow malicious actors to remotely trigger certain controls and track the cars’ location in real time. PCAutomotive, a cybersecurity firm specializing in the automotive sector, unveiled 12 new security vulnerabilities impacting the latest model of the Skoda Superb… Read more
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A new $25M fund aims to give UK mental health startups a shot in the arm
KHP Ventures is raising a £20 million ($25.5 million) fund specifically aimed at accelerating startups addressing depression, anxiety and psychosis. © 2024 TechCrunch. All rights reserved. For personal use only. Read more