Category: AI

Walmart just showed off its new AI-powered warehouses — take a look inside

The exterior of a recently completed grocery distribution center in Lancaster, Texas. Walmart Walmart is America’s grocery king, selling more food than the next two largest companies combined. The retailer is leaning heavily into AI to get perishable foods to store shelves even faster. Take a look inside one of Walmart’s state-of-the-art distribution centers for perishable goods. Walmart is the biggest grocery store in the…

Medal raises $13M as it builds out a contextual AI assistant for desktop

Medal, a startup that is better known for its video game clipping product, just announced that it has raised $13 million at a valuation of $333 million from several investors, including Horizons Ventures, OMERS Ventures, peak6 and Arcadia Investment Partners. The company also unveiled Highlight, a new cross-platform desktop app that acts as a contextual […] © 2024 TechCrunch. All rights reserved. For personal use…

Google brings new Gemini features and WearOS 5 to Samsung devices

Along with Samsung’s launch of new devices such as the Galaxy Z Flip 6, Z Fold 6, and the new Galaxy Watches, Google said today it is bringing its own new features across multiple apps to these devices. The search giant is updating its Gemini for Android app to be more suitable for foldable with […] © 2024 TechCrunch. All rights reserved. For personal use…

As Microsoft leaves its observer seat, OpenAI says it won’t have any more observers

Months after Microsoft gained an observer seat on OpenAI’s board, the company is leaving the position of the non-voting seat. In a letter sent to OpenAI on Tuesday, Microsoft said that the company has seen enough progress being made in the AI company and is confident in its direction, according to Axios. OpenAI said that […] © 2024 TechCrunch. All rights reserved. For personal use…

Anthropic’s Claude adds a prompt playground to quickly improve your AI apps

Prompt engineering became a hot job last year in the AI industry, but it seems Anthropic is now developing tools to at least partially automate it. Anthropic released several new features on Tuesday to help developers create more useful applications with the startup’s language model, Claude, according to a company blog post. Developers can now […] © 2024 TechCrunch. All rights reserved. For personal use…

AI startup Hebbia raised $130M at a $700M valuation on $13 million of profitable revenue

Hebbia, a startup that uses generative AI to search large documents and respond to large questions, has raised a $130 million Series B at a roughly $700 million valuation led by Andreessen Horowitz, with participation from Index Ventures, Google Ventures and Peter Thiel. And its funding demonstrates that 50x annual recurring revenue (ARR) is becoming […] © 2024 TechCrunch. All rights reserved. For personal use…

Quora’s Poe now lets users create and share web apps

Poe, Quora’s subscription-based, cross-platform aggregator for AI-powered chatbots like Anthropic’s Claude and OpenAI’s GPT-4o, has launched a feature called Previews that lets users create interactive apps directly in chats with chatbots. Previews allows Poe users to build data visualizations, games and even drum machines by typing things like “Analyze the information in this report and […] © 2024 TechCrunch. All rights reserved. For personal use…

There’s a reason AI firms can barely conceal their contempt for the creative industry

Columbia University marketing professor Olivier Toubia told BI that AI companies and creatives are locked in a zero-sum game as they battle for the same audiences. Costfoto/NurPhoto via Getty Images AI companies have been upfront with their goal to disrupt the creative industry.  But they have barely been able to hide their contempt for the artists they are trying to displace. A Columbia professor told…

OpenAI Startup Fund backs AI healthcare venture with Arianna Huffington

Huffington Post founder Arianna Huffington and OpenAI CEO Sam Altman are throwing their weight behind a new venture, Thrive AI Health, that aims to build AI-powered assistant tech to promote healthier lifestyles. Backed by Huffington’s mental wellness firm Thrive Global and the OpenAI Startup Fund, the early-stage venture fund closely associated with OpenAI, Thrive AI […] © 2024 TechCrunch. All rights reserved. For personal use…

Data workers detail exploitation by tech industry in DAIR report

The essential labor of data work, like moderation and annotation, is systematically hidden from those who benefit from the fruits of that labor. A new project puts the lived experiences of data workers around the world in the spotlight, showing firsthand the costs and opportunities of tech work abroad. Many tedious, thankless, or psychologically damaging […] © 2024 TechCrunch. All rights reserved. For personal use…

Waymo robotaxi pulled over by Phoenix police after driving into the wrong lane

A police officer pulled over a self-driving Waymo vehicle in Phoenix after it ran a red light and pulled into a lane of oncoming traffic, according to dispatch records. The incident took place on June 19, but local media including Arizona Republic released bodycam footage of the traffic stop this week, showing the vehicle weaving […] © 2024 TechCrunch. All rights reserved. For personal use…

OpenAI breach is a reminder that AI companies are treasure troves for hackers

There’s no need to worry that your secret ChatGPT conversations were obtained in a recently reported breach of OpenAI’s systems. The hack itself, while troubling, appears to have been superficial — but it’s reminder that AI companies have in short order made themselves into one of the juiciest targets out there for hackers. The New […] © 2024 TechCrunch. All rights reserved. For personal use…

Meet Brex, Google Cloud, Aerospace and more at Disrupt 2024

We’re about four months away from TechCrunch Disrupt 2024, taking place October 28 to 30 in San Francisco! We could not bring you this world-class event without our world-class partners — some of the startup ecosystem’s leading tech companies. Why? They show up armed with their expertise, educational resources and connections. They present sessions on […] © 2024 TechCrunch. All rights reserved. For personal use…

Quantum Rise grabs $15M seed for its AI-driven ‘Consulting 2.0’ startup

Quantum Rise, a Chicago-based startup which does AI-driven automation for companies like dunnhumby (a retail analytics platform for the grocery industry), has raised a $15 million seed round from Erie Street Growth Partners. Its approach is somewhat akin to UIPath’s, a company famous for bringing robotic process automation to the enterprise, but with a broader […] © 2024 TechCrunch. All rights reserved. For personal use…

Altrove uses AI models and lab automation to create new materials

For the past couple of years, innovation has been accelerating in new materials development. And a new French startup called Altrove plans to play a role in this innovation cycle. The deep tech startup has already raised €3.7 million (around $4 million at current exchange rates). If you’re interesting in new materials development, you may […] © 2024 TechCrunch. All rights reserved. For personal use…

A new twist in Apple’s deal with OpenAI

Apple gets an observer role on OpenAI’s board as part of the companies’ partnership, per Bloomberg. NurPhoto Apple gets an observer role on OpenAI’s board as part of the companies’ partnership, per Bloomberg. The arrangement raises Apple to Microsoft’s level within the AI startup, according to the outlet. Phil Schiller, head of Apple’s app store, was reportedly picked for the position. Apple scored a board…

As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently

Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure. Assuming the current trend holds, U.S. utilities will need to […] © 2024 TechCrunch. All rights reserved. For personal use…

Anthropic looks to fund a new, more comprehensive generation of AI benchmarks

Anthropic is launching a program to fund the development of new types of benchmarks capable of evaluating the performance and impact of AI models, including generative models like its own Claude. Unveiled on Monday, Anthropic’s program will dole out grants to third-party organizations that can, as the company puts it in a blog post, “effectively […] © 2024 TechCrunch. All rights reserved. For personal use…

This phrase about AI not taking your job sounds smart — but is it true?

Richard Baldwin said, “AI won’t take your job, it’s somebody using AI that will take your job.” Westend61/Getty An economist has said, “AI won’t take your job, it’s somebody using AI that will take your job.” AI seems to be a positive for many workers, but some roles are more at risk of replacement. Experts advise skilling up and leaning into soft human skills as…

Robot cats, dogs and birds are being deployed amid an ‘epidemic of loneliness’

In the early 1990s, a researcher at Japan’s National Institute of Advanced Industrial Science and Technology began work on what would become Paro. More than 30 years after its development, the doe-eyed seal pup remains the best-known example of a therapeutic robot for older adults. In 2011, the robot reached the zenith of pop cultural […] © 2024 TechCrunch. All rights reserved. For personal use…

It’s dangerously easy to ‘jailbreak’ AI models so they’ll tell you how to build Molotov cocktails, or worse

Skeleton Key can get many AI models to divulge their darkest secrets. REUTERS/Kacper Pempel/Illustration/File Photo A jailbreaking method called Skeleton Key can prompt AI models to reveal harmful information. The technique bypasses safety guardrails in models like Meta’s Llama3 and OpenAI GPT 3.5. Microsoft advises adding extra guardrails and monitoring AI systems to counteract Skeleton Key. It doesn’t take much for a large language model…

SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations

There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based enterprise software provider was valued […] © 2024 TechCrunch. All rights reserved. For personal use…