AI-driven biotech startups EvolutionaryScale and Formation Bio have raised $142 million and $372 million respectively, highlighting the growing interest and investment in AI-powered drug discovery and development, a market projected to reach $4.9 billion by 2028.
OpenAI has delayed the release of ChatGPT's new Voice Mode by at least a month to improve content detection and refusal capabilities, with plans for a limited alpha launch in late July followed by a broader rollout to Plus users by fall 2024.
Stability AI has secured major investment from top-tier institutions and tech leaders appointed new leadership including Prem Akkaraju as CEO and Sean Parker as Executive Chairman. The company plans to expand its generative AI offerings while maintaining its open-source commitment.
Google is rolling out Gemini AI integration across Gmail, Docs, Sheets, Slides, and Drive, offering advanced AI-powered assistance for various tasks directly within these productivity tools.
Etched has unveiled Sohu, a revolutionary AI chip specialized for transformer models, claiming unprecedented performance and efficiency that could significantly accelerate AI development and deployment across industries.
Yelp has introduced new accessibility features, including AI-powered alternative text for images and searchable attributes, to serve users with mobility, hearing, and vision disabilities adequately and help businesses become more inclusive.
The Recording Industry Association of America (RIAA) has filed lawsuits against Suno AI and Uncharted Labs (Udio AI), alleging copyright infringement, seeking injunctions and damages, with the potential to set a precedent for the use of copyrighted material in AI training and generation.
Google is expanding Gemini access to younger education users with enhanced safety features, while also introducing new AI-powered tools like Learning Coach, Read Along, and LearnLM-powered features to support personalized learning experiences and assist educators in content creation and management.
Synthesia 2.0 aims to revolutionize business video communications with enhanced AI avatars, an improved AI Video Assistant, a new AI Screen Recorder, advanced translation capabilities, and an interactive video player, all while prioritizing AI safety and responsible development.
OpenAI acquired Multi, a collaborative AI workspace platform, shortly after its Rockset acquisition, potentially to enhance its enterprise offerings and compete with Anthropic's Artifacts, as nearly the entire Multi team joins OpenAI and the platform plans to sunset its services by July 24, 2024.
DeepMind's Generative Media team has developed a video-to-audio (V2A) technology; Elevenlabs created a demo that allows users to generate sound effects for any video; Anthropic released Claude 3.5 Sonnet; SoftBank is offering customers a one-year Perplexity Pro trial; and more.
OpenAI acquired Rockset, a real-time search and analytics database company, to enhance its data retrieval infrastructure for AI applications. As a result of the acquisition, some Rockset team members will join OpenAI, leading Rockset to support customers in transitioning off its platform.