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A new Financial Times profile of Mayayoshi Son opens with SoftBank’s CEO seeming to hit bottom, staring at his “ugly” face on Zoom and telling himself, “I have done nothing I can be proud of.” Indeed, Son largely disappeared from the public eye after SoftBank’s Vision Fund took huge losses from investments like WeWork. But…
Speaking Saturday at the UN Summit of the Future, Google CEO Sundar Pichai described AI as “the most transformative technology yet” and announced a new fund for AI education and training around the world. Pichai pointed to four broad opportunities he sees for AI and sustainable development: helping people access information in their own language,…
California Governor Gavin Newsom is currently considering 38 AI-related bills, including the highly contentious SB 1047, which the state’s legislature sent to his desk for final approval. These bills try to address the most pressing issues in artificial intelligence: everything from futuristic AI systems creating existential risk, deepfake nudes from AI image generators, to Hollywood…
With an explosion of weather and climate data that the last generation of tools can’t handle, is AI the future of forecasting? Research certainly suggests so, and a newly funded startup called Brightband is taking a shot at turning machine learning forecast models into both a business and open source standard. Today’s weather prediction and…
On Tuesday, California Governor Gavin Newsom signed some of America’s toughest laws yet regulating the artificial intelligence sector. Three of these laws crack down on AI deepfakes that could influence elections, while two others prohibit Hollywood studios from creating an AI clone of an actor’s body or voice without their consent. “Home to the majority…
The head of Slack, Denise Dresser, tells TechCrunch she is shifting the business chat platform into a “work operating system,” specifically by making Slack a hub for AI applications from Salesforce, Adobe, and Anthropic. The company’s CEO sees Slack as more than a place to chat with your coworkers, but do users want that? And…
As part of Salesforce’s massive tech conference, Dreamforce, taking place this week in San Francisco, its VC arm, Salesforce Ventures just announced a new $500 million fund dedicated to AI companies. This is significant for several reasons. First, in June 2023, Salesforce Ventures doubled its AI fund from $250 to $500, so the additional $500…
Runway, one of several AI startups developing video-generating tech, today announced an API to allow devs and organizations to build the company’s generative AI models into third-party platforms, apps and services. Currently in limited access (there’s a waitlist), the Runway API only offers a single model at present — Gen-3 Alpha Turbo, a faster but…
Nick Frosst, the co-founder of $5.5 billion Canadian AI startup Cohere, has been a musician his whole life. He told TechCrunch that once he started singing, he never shut up. That’s still true today. In addition to his full-time job at Cohere, Frosst is also the front man of Good Kid, an indie rock band…
It’s looking increasingly likely that OpenAI will soon alter its complex corporate structure. Reports earlier this week suggested that the AI company was in talks to raise $6.5 billion at a $150 billion pre-money valuation. Now Reuters says the deal is contingent on whether OpenAI can restructure and remove a profit cap for investors. In…