FINBOURNE Technology has secured £55m in Series B funding to expand its AI-ready investment management solutions globally, offering financial firms a cloud-native platform that streamlines operations and prepares them for the future of AI-driven efficiencies in the investment sector.
DeepSeek, a Chinese AI company, has released DeepSeek Coder V2, an open-source Mixture-of-Experts model for coding tasks, featuring improved performance across various benchmarks, expanded programming language support, and a 128K token context window.
Google DeepMind's Generative Media team has developed a video-to-audio (V2A) technology that can generate synchronized soundtracks for video input, with the ability to create multiple audio options guided by optional text prompts.
Runway recently previewed details of its upcoming Gen 3 Alpha video generation model, featuring novel guardrails and cinematic understanding through unique training approaches. The company also shared details about its partnerships with media and entertainment firms to deliver custom Gen 3 models.
TikTok is launching more generative AI tools including realistic digital avatars and language dubbing capabilities to help creators and brands produce more localized content at scale for TikTok's global audience.
Autify, an AI-powered test automation platform, recently raised $13 million in Series B funding to expand into new markets like Korea, and further develop Zenes, its generative AI-powered quality engineering product that automatically generates test case code by analyzing product requirements.
As part of a strategic partnership with Perplexity AI, SoftBank is offering its mobile customers a free one-year subscription to Perplexity Pro. Additionally, Perplexity will soon display answers to simple queries in visually appealing cards to keep users within its platform.
Apple announces Apple Intelligence; Microsoft is delaying Recall launch; Meta had to stop model training on European users' data; Robotaxi companies are struggling; Two OpenAI Sora competitors emerged this week; Mistral AI Series B was finally confirmed; and much more.
NVIDIA has released Nemotron-4 340B, an open pipeline of models that allows developers to generate synthetic training data for building custom large language models tailored to various industries without prohibitive data costs.
Brave Software has rolled out an update to its in-browser AI assistant, Leo, enabling it to enhance responses with real-time Brave Search results to provide accurate and up-to-date answers while maintaining robust privacy protections and encouraging users to fact-check sources and explore further.
In two recently published papers, Google researchers presented complementary approaches to fine-tuning LLMs to enable accurate analysis of personal health data and the generation of personalized wellness recommendations, paving the way for AI-powered personal health assistants.
Microsoft decided to delay the broad release of the Recall feature for Copilot+ PCs, initially planned for June 18th, opting instead to first preview it in the Windows Insider Program to gather additional feedback and ensure security and privacy measures meet the company's high standards.