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Greg Brockman says OpenAI underestimated its own models’ cyber skills

Artificial Intelligence, Business, Digital Marketing, OpenAI, Security, SEO Tips, Technology, United States /

Greg Brockman went on CNBC on Monday to say the executive departures at OpenAI are not unusual. “I actually think that the difference between OpenAI and other organizations is that we are so much in the spotlight, so every departure gets scrutinized in a way that it doesn’t otherwise,” the company’s president told Squawk Box. […]

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Wispr raised $280mn at $2bn to argue the text box is finished

Artificial Intelligence, Business, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

Wispr has raised $280mn at a $2bn valuation. Menlo Ventures led the round, having led the last one too. Total funding now stands at $361mn. The company makes Wispr Flow, a dictation app that turns speech into cleaned-up text in whatever application your cursor happens to be in. Reuters reports the previous round valued it […]

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The DOJ is investigating Andreessen Horowitz over competing board seats

Artificial Intelligence, Business, Digital Marketing, Government and policy, Investors and funding, SEO Tips, Technology, United States /

The US Justice Department is investigating Andreessen Horowitz. At issue is whether partners at the venture capital firm improperly sit on the boards of competing artificial intelligence companies. Bloomberg reported the investigation on Monday, citing people familiar with the matter. Those sources put the investigation at nearly a year old. Monday’s story is the first […]

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Aachen’s amber raised €7mn to sell AI sovereignty to the Mittelstand

Artificial Intelligence, Business, Business Apps, Digital Marketing, Europe, SEO Tips, Startups and technology, Technology /

Aachen-based amber has closed a €7mn Series A. Ventech co-led it with NRW.Venture, the venture arm of NRW.BANK. NRW.BANK is the development bank owned by the German state of North Rhine-Westphalia. By the standards of this year’s AI rounds, €7mn is small. The argument behind it is not. amber connects and structures a company’s internal […]

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Higgsfield raised $400mn at $5.4bn, four times its January valuation

Artificial Intelligence, Business, Digital Marketing, Media, SEO Tips, Startups and technology, Technology, United States /

Higgsfield has raised $400mn at a $5.4bn valuation. DST Global led the round. Goldman Sachs, Intel Capital, and Liberty Global Tech Ventures all took part, alongside Tribe Capital, Smash Capital, Fifth Wall, Valor Capital, Mirae Asset Capital, and NTT DOCOMO Ventures. The company was valued at $1.3bn in January. That is roughly four times higher […]

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OpenAI disbanded the team that assessed catastrophic model risks

Artificial Intelligence, Business, Digital Marketing, OpenAI, Security, SEO Tips, Technology, United States /

OpenAI shut down its preparedness team at the end of July, the Financial Times reports. The team existed to work out whether OpenAI’s models posed catastrophic risks. It also designed the ways to contain them. The work has not disappeared. Responsibility now sits with senior staff inside existing teams, split by subject. There are separate […]

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EY will keep interns on for a year before offering them a job

Artificial Intelligence, Business, Digital Marketing, SEO Tips, Technology /

EY is launching a paid Career Residency that keeps assurance interns employed part-time for 8 to 12 months after their eight-week internship, working remotely on EY projects during their final year of college. Those who complete it and receive an offer join as analysts rather than staff. EY has decided that eight weeks is no […]

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OpenAI is funding 13 Axios local newsletters in a three-year deal

Artificial Intelligence, Business, Digital Marketing, Future of work, Media, SEO Tips, Technology, United States /

OpenAI is paying the startup costs of 13 new Axios Local newsletters, covering both staff and technology. Axios employees also get free credits for OpenAI’s enterprise tools. In return, Axios lets OpenAI train its models on its free published coverage. The term is three years. Issie Lapowsky set the arrangement out for the Columbia Journalism […]

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The first Ferrari Luce sold for $40mn, 36 times its estimate

Business, Cars, Digital Marketing, Electric vehicle, Europe, SEO Tips, Technology /

The first production Ferrari Luce sold for $40mn at RM Sotheby’s Monterey auction, setting records for the most expensive new car, electric car and charity car sold at public auction. Ferrari keeps none of the money and the car is not due for delivery until early 2027. The first production Ferrari Luce has sold for […]

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ByteDance signs a copyright pact with Hollywood’s MPA to rein in its Seedance AI video tool

Business, Digital Marketing, SEO Tips, Technology, Video /

The TikTok owner has agreed a pact with the Motion Picture Association, the trade body for the major US studios, to tighten copyright protections on its AI image and video generators, ending, at least officially, a standoff that began when the studios accused the company of building a machine for wholesale infringement. The agreement covers […]

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