Canva acquires Leonardo.ai to boost its generative AI efforts

Posted on July 30, 2024 by Techme101

Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal weren’t disclosed, but Canva co-founder and chief product officer Cameron Adams said it’s a mix of cash and stock. All of Leonardo.ai’s 120 employees will […]
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U.S. Commerce Department report endorses ‘open’ AI models

Posted on July 30, 2024 by Techme101

The U.S. Commerce Department today issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor these models for potential risks. The report, authored by the Commerce Department’s National Telecommunications and Information Administration (NTIA), finds that open-weight models broaden generative AI’s availability to […]
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Lime is piloting two new e-bikes to attract more women and older riders 

Posted on July 30, 2024 by Techme101

Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from pedal-assist. Lime has experimented with several new form factors over the years in a bid to capture customers and adapt to changing tastes and trends. […]
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Apple says it took a ‘responsible’ approach to training its Apple Intelligence models

Posted on July 30, 2024 by Techme101

Apple has published a technical paper detailing the models that it developed to power Apple Intelligence, the range of generative AI features headed to iOS, macOS and iPadOS over the next few months. In the paper, Apple pushes back against accusations that it took an ethically questionable approach to training some of its models, reiterating […]
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Huang and Zuckerberg swapped jackets at SIGGRAPH 2024 and things got weird

Posted on July 30, 2024 by Techme101

A fireside chat on Monday between Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg at the SIGGRAPH 2024 conference in Colorado took a few unexpected turns. It started innocently enough, with Huang waxing positive about the capabilities of Nvidia GPUs and Zuckerberg speaking about his vision of an AI chatbot future. But by the […]
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Delta hires David Boies to seek damages from CrowdStrike, Microsoft after outage

Posted on July 30, 2024 by Techme101

Delta has hired prominent attorney David Boies to pursue potential damages from CrowdStrike and Microsoft after a mass outage earlier this month.

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Zuckerberg touts Meta’s latest video vision AI with Nvidia CEO Jensen Huang

Posted on July 30, 2024 by Techme101

Meta’s machine learning model, Segment Anything, has a sequel: It now takes the model to the video domain, showing how fast the field is moving.
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Instagram Will Let You Make Custom AI Chatbots—Even Ones Based on Yourself

Posted on July 29, 2024 by Techme101

Meta’s AI Studio will let users build virtual characters, with a few limitations.

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ManageEngine: Australian SMEs Aim to Reduce IT Costs Amid Growing Technology Complexity

Posted on July 29, 2024 by Techme101

“Digital intensity” caused by multiple cloud environments, application growth and AI is putting pressure on IT leaders in medium-sized businesses to manage costs while modernising their infrastructure.

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TechCrunch Space: Catching stars

Posted on July 29, 2024 by Techme101

Hello, and welcome back to TechCrunch Space. In case you missed it, Boeing and NASA decided to keep Starliner docked to the International Space Station for the rest of the month. The agency is aiming to complete a key review in the first week of August, at which point they’ll make a decision on when […]
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