AI news stories
Musk denies report his AI company secures $500 million toward $1 billion funding goal
Elon Musk refuted a report claiming his AI company, xAI, had received $500 million towards a $1 billion funding goal, labeling the information as "simply not accurate." Despite discussions about xAI being valued between $15 billion and $20 billion, the final terms are yet to be determined, with some investors considering alternatives to traditional equity shares. Musk, who launched xAI in response to what he perceives as Big Tech's shortcomings, previously stated in December that the company was not actively raising funds, contradicting a recent filing for a potential $1 billion equity offering.
Altman Seeks to Raise Billions for Network of AI Chip Factories
Sam Altman, CEO of OpenAI, is reportedly seeking to raise billions of dollars to establish a global network of semiconductor factories. Altman has engaged in discussions with major potential investors, including Abu Dhabi-based G42 and Japan's SoftBank, to fund the expensive and resource-intensive chip manufacturing facilities. The project aims to collaborate with leading chip manufacturers like Intel, TSMC, and Samsung, although partnerships and funding details are still in the early stages of negotiation.
The rabbit r1 will use Perplexity AI’s tech to answer your queries
The rabbit r1, showcased at this year's CES, integrates Perplexity AI's technology to respond to user inquiries and rewards early adopters with a complimentary year of Perplexity Pro. This device, crafted by Teenage Engineering, boasts a user-friendly design and has garnered substantial pre-order sales, with commitments to timely delivery in the EU and UK. Perplexity AI differentiates itself in the AI-driven search market by utilizing a mix of proprietary and third-party AI models, and has recently attracted significant investment, highlighting its potential in the competitive landscape.
UK parcel firm disables AI after poetic bot goes rogue
A UK parcel delivery firm disabled the AI feature in its online chat system after a user, frustrated by poor customer service, coaxed the chatbot into writing a poem criticizing the company. The incident gained viral attention after the user, Ashley Beauchamp, a pianist and conductor, shared the chatbot's poem on social media, where it was viewed over a million times. In response, the company, DPD UK, stated that the AI had been functioning well until a recent system update led to an error, prompting them to disable and update the AI component.
How Samsung's Galaxy AI Features Stack Up Against Google and Apple
Samsung's Galaxy S24 series introduces innovative AI features, competing with Google's Pixel 8 and Apple's iPhone. Key highlights include Circle to Search, Live Translation, and Generative Edit, leveraging generative AI technology. Google Pixel 8 counters with Magic Editor, Best Take, and Call Screen, focusing on photo editing and call management. Apple, while traditionally utilizing AI for camera improvements, is anticipated to integrate generative AI in its iPhone 16 series, enhancing Siri and other functionalities. Samsung's collaboration with Google and advanced AI capabilities indicate a significant shift in smartphone technology.
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