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Ellie Ramirez-Camara

News by Ellie Ramirez-Camara

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Weekly AI Highlights Review: September 17–24
Sundar Pichai and Sam Altman on the promise of AI; Microsoft bought a lot of nuclear-generated electricity; Amazon launched new AI features for independent sellers; LinkedIn opted users into data collection; YouTube and Snap launched new AI features; Runway and Lionsgate are collaborating; and more.
Sep 24, 2024
Black Forest Labs reportedly looks to raise about $100M at a $1B valuation
Black Forest Labs, a startup founded by experts in image diffusion models and the creator of the FLUX.1 model suite, is reportedly seeking to raise $100 million at a $1 billion valuation, likely by leveraging its collaboration with X and promising upcoming text-to-video generation models.
Sep 23, 2024
A deal with Microsoft will support the restart of the Three Mile Island nuclear power plant
Microsoft signed a 20-year power purchase agreement with Constellation Energy to reopen the Three Mile Island Unit 1 nuclear reactor as the Crane Clean Energy Center, aiming to power its AI-driven data centers with carbon-free energy and support its goal of becoming carbon-negative by 2030.
Sep 23, 2024
Amazon launched a video generator for its Amazon Ads service
Amazon introduced a generative AI feature for Amazon Ads that creates product videos and animated images from single product photos, with aims to help sellers produce engaging content more easily.
Sep 23, 2024
Project Amelia is Amazon's new AI-powered personal assistant for independent sellers
Amazon developed Project Amelia, an AI-powered assistant using Amazon Bedrock, to support independent sellers on its platform by providing personalized insights, answering questions, and eventually automating tasks to help grow their businesses.
Sep 22, 2024
Inbolt raised €15M to expand the market presence of its AI-powered 3D vision system
Inbolt, a Paris-based startup developing AI-powered real-time robot guidance solutions, has secured €15 million in Series A funding to expand its presence in the US and Japan, accelerate product development, and grow its team, building on the success of its GuideNOW software.
Sep 21, 2024
fal secured $23M to grow its hosting platform for media generation models
fal has raised $23 million in funding to accelerate its generative media model hosting platform, which offers high-performance inference APIs and solutions that have attracted a rapidly growing user base of developers and enterprises.
Sep 21, 2024
LinkedIn was reportedly caught training models with user data before updating its policies
LinkedIn opted in users in the US to data collection for AI model by default and without updating its privacy policy, prompting privacy concerns. The company also failed to correctly specify whether UK-based users were subject to the data collection process, spurring further confusion.
Sep 21, 2024
YouTube launched new AI features at its 'Made on YouTube' event
YouTube is introducing AI-powered features, including video generation with Veo for Shorts, creative assistance in YouTube Studio, and AI-enhanced reply suggestions, to enhance content creation and audience engagement while implementing safeguards for AI-generated content.
Sep 20, 2024
Runway and Lionsgate announce partnership to create a custom cinematic video model
Runway and Lionsgate have formed a partnership allowing Runway to use Lionsgate's content for AI model development, aiming to enhance creative processes and reduce costs, amid ongoing legal and regulatory challenges surrounding AI in the media industry.
Sep 20, 2024
Snap announced new generative AI features at Snap Partner Summit 2024
At its Snap Partner Summit, Snap announced new generative AI features, including Easy Lens for text-based AR creation, AI-powered prebuilt Lenses, and expanded My AI capabilities. These tools aim to enhance content creation and user interaction on Snapchat through generative AI technology.
Sep 20, 2024
Google is adding the C2PA provenance standard to flag AI content across Search and Ads
Google is adopting the C2PA technology alongside its existing SynthID watermarking, integrating it into Search and Ads products, exploring implementation in YouTube, and encouraging industry-wide adoption of content provenance standards.
Sep 20, 2024