Art Recognition is a Swiss company that developed a novel AI-powered solution for art authentication. The technology was used to analyze 40 eBay listings, including an alleged "Monet" and a "Renoir", only to find that most had high probabilities of being inauthentic.
Daloopa closed an $18 million Series B led by Touring Capital and Morgan Stanley. Assisted by AI, Daloopa provides complete and up-to-date fundamental data to top financial institutions globally. Funds will help the company innovate its AI algorithms, and drive new market expansion.
RunPod recently secured $20 million in a seed funding round co-led by Intel Capital and Dell Technologies Capital. RunPod's globally distributed GPU cloud computing enables easy AI model training, deployment, and scalability. The funding will support RunPod's growth and continued innovation.
Microsoft and OpenAI announced several actions to promote a better understanding of AI-generated content. Both companies launched the Societal Resilience Fund, and OpenAI is increasing its research efforts on provenance methods like tamper-proof watermarking and detection classifiers.
GitHub recently announced the availability of Copilot Chat in the GitHub mobile app, enabling developers to perform tasks such as understanding code snippets or learning new frameworks while on their mobile devices.
Amazon Bedrock Studio provides a collaborative prototyping environment for generative AI app development with access to foundation models and tools like Knowledge Bases, Agents, and Guardrails. Bedrock Studio only requires payment for Bedrock usage and enables secure, private app building.
OpenAI has published the Model Spec, a draft document outlining its approach to shaping model behavior through objectives, rules, and default behaviors. OpenAI will receive comments on the draft from the general public before continuing the conversation with trusted experts.
MongoDB recently launched its AI Applications Program (MAAP) to deliver quick building and deployment of secure generative AI apps. MAAP brings together industry leaders in diverse areas, including consultancy, foundation models, cloud infrastructure, AI frameworks, and model hosting providers.
Lithuanian startup HeavyFinance announced this week that it signed 300,000 hectares of Ukrainian farmland to its carbon farming program in collaboration with Ukraine's Agsolco. The partnership plans to enroll 500,000 ha of farmland by the end of 2024 and to issue the first credits in Q3, 2025.
The cloud infrastructure market grew 21% in Q1, 2024 from Q1, 2023, mostly driven by the accelerated adoption of generative AI, which increases demand for computing power. The numbers are still far from previous growth, but the cloud market is poised to double in size in the next four years.
Head coach for the England Women's Cricket team Jon Lewis recently revealed his approach to using AI as a selection tool to provide feedback on tough decisions about squad make-up, team balance, and in-game match-ups.
NVIDIA recently announced the expanded integration of its healthcare and life sciences focuses NIM microservices. Simplified access to NIM will enable healthcare and life sciences companies already using AWS to deploy generative AI solutions faster, and developers to multimodal AI-based workflows.