AI News

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Maybe Friend wasn’t crazy for spending $1.8M on a domain after all

Avi Schiffmann, the founder and CEO of Friend, told TechCrunch over email that the purchase has already paid for itself. © 2024 TechCrunch. All rights reserved. For personal use only.

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Australian Enterprises Coming 4th in 2024 Global Survey of Generative AI Usage

Businesses in China, the U.K. and the U.S. are using generative AI more than Australia. But the Aussies lead in understanding, planning for, and implementing generative AI use policies.

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Amazon-Anthropic Merger Investigated by UK Government Over Competition Concerns

The U.K. Competition and Markets Authority is launching a preliminary investigation into whether the partnership will impact competition.

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Black Hat and DEF CON Roundup 2024: AWS Patched a Vulnerability Affecting Six Cloud Services

Discover the latest cybersecurity trends and techniques in this year’s Black Hat and DEF CON roundup.

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Global Nonprofit Technovation Helps Girls Solve Local Problems Using AI

Founder Tara Chklovski speaks about how young women who demonstrate proficiency in solving real-world problems with tech can help solve the industry’s gender gap.

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techcrunch.com

Cohere co-founder Nick Frosst thinks everyone needs to be more realistic on what AI can and cannot do

AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder of Cohere, which builds custom AI models for enterprise customers, recently said on TechCrunch’s Found podcast that he doesn’t think the AI industry is in […] © 2024 TechCrunch. All rights reserved. For personal use only.

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techcrunch.com

Cohere co-founder Nick Frosst thinks everyone needs to be more realistic about what AI can and cannot do

AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder of Cohere, which builds custom AI models for enterprise customers, recently said on TechCrunch’s Found podcast that he doesn’t think the AI industry is in […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Apple Intelligence EU: Potential Mac Release Amid DMA Rules

Apple Intelligence may launch on EU Macs, bypassing DMA rules, while iOS users await AI features amid ongoing regulatory challenges.

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news.mit.edu

Helping robots practice skills independently to adapt to unfamiliar environments

New algorithm helps robots practice skills like sweeping and placing objects, potentially helping them improve at important tasks in houses, hospitals, and factories.

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news.mit.edu

Dimitris Bertsimas named vice provost for open learning

Leveraging more than 35 years of experience at MIT, Bertsimas will work with partners across the Institute to transform teaching and learning on and off campus.

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www.sciencedaily.com

Using photos or videos, these AI systems can conjure simulations that train robots to function in physical spaces

Two new studies introduce AI systems that use either video or photos to create simulations that can train robots to function in the real world. This could significantly lower the costs of training robots to function in complex settings. Two new studies introduce AI systems that use either video or photos to create simulations that can train robots to function in the real world. This could significantly lower the costs of training robots to function in complex settings.

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UK Government Announces £32m for AI Projects After Scrapping Funding for Supercomputers

The investment will go into 98 AI projects that will ultimately improve safety on construction sites, reduce train delays, and cut emissions across supply chains.

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5 Things Call Center AI Can Do Today and What’s on the Way

Explore how AI transforms call centers with five current technologies and three future innovations, enhancing efficiency and customer satisfaction.

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techcrunch.com

Reddit to test AI-powered search result pages

Reddit users will soon see AI-generated summaries at the top of search results.  Reddit CFO Drew Vollero told investors during its earnings call on Tuesday that the company plans to test AI-powered search result pages to “summarize and recommend content.” He noted this will help users “dive deeper” into content and discover new Reddit communities.  […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Google Breaks Antitrust Law with Search, Federal Court Rules

Judge Amit Mehta ruled Google’s “default distribution” of its search engine contributed to advertising revenue and illegally suppressed competition.

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techcrunch.com

Amazon Music’s new AI feature lets you browse podcast episodes by topic 

Amazon Music announced Tuesday the launch of its new AI-powered feature, “Topics,” which allows users to explore podcast episodes by specific topics discussed in the episode.  When you visit the page of a podcast episode, look for new Topic tags below the episode description. You can tap on a tag to see a list of […] © 2024 TechCrunch. All rights reserved. For personal use only.

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UK Government Scraps £1.3bn Earmarked for AI and Tech Innovation

The new Labour government has reshaped the U.K.’s AI plans, redistributing funding and narrowing the focus of the forthcoming AI Bill.

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Will Power Availability Derail the AI Revolution?

The potential of artificial intelligence is immense. But it could be derailed due to a lack of power. Data centers implementing AI now need so much energy that the local grid often struggles to supply it. Drew Robb, writing for TechRepublic Premium, looks at the extent of the problem and how it can be overcome. ...

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OpenPhone Review (2024): Is It Right for Your Business?

OpenPhone’s one of the few VoIP systems to offer unlimited texting. Wondering about the rest of the platform? Check out my full review.

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Data Breaches Are Costing Australian Organisations, IBM Report Reveals

IBM’s recent Cost of a Data Breach report found that the average cost of a data breach in Australia reached a record-high in 2024. Explore additional key findings and how the Australian government is mitigating these threats.

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