Based on the premise that it is impractical to deploy an all-purpose LLM for specific use cases, a group of researchers from Google, Baidu, DeepMind and Meta founded Reka AI in July 2022. A year later the company has emerged from stealth mode with news of $58 million in Series A funding led by DST Global and Radical Ventures. Strategic partner Snowflake Ventures also participated, along with angel investor Nat Friedman, former CEO of GitHub. The Sunnyvale, California-based startup says it is building “enterprise-grade state-of-the-art AI assistants for everyone, regardless of language and culture.” Continue reading Reka AI Raises $58 Million to Customize LLMs for Enterprise

The Entertainment Technology Center@USC has released the third installment of its case study, “Fathead: Virtual Production & Beyond.” Section 3 of the four-part white paper is “State of the Industry: Beyond Trends,” which discusses “where we’re at, and where we’re going” and features compelling interviews with thought leaders from companies including The Third Floor, Stargate Studios, Orbital Virtual Studios, Vū Technologies, Lux Machina, nDisplay, Epic Games and Unity Technologies. Click here to access Section 3 and we’ll post announcements when the final section — “Fathead: A Proof-of-Concept Short Film” — becomes available. Continue reading ETC Releases Section 3 of Its Virtual Production White Paper

The new Catalyst Stage at ESPN headquarters in Bristol, Connecticut blends physical space with virtual production and an LED wall. The facility “opens new possibilities in the future of content customization and scalability” for live, multi-camera shooting that includes augmented reality and extended reality in 1080p or UHD, with 4K available for specialty work, including advertising. ESPN calls Catalyst “the first studio of its kind to support both live multi-camera productions and cinematic-quality projects. GhostFrame, Unreal Engine, Disguise XR, Pixotope and Mark Roberts Motion Control cameras are among Catalyst’s tools. Continue reading New Catalyst Stage Brings Virtual Production to ESPN Studio

TikTok is testing an in-app shopping feature in the UK called Trendy Beat. The products offered for sale are primarily things that have appeared in trending videos, like tools to remove pet hair from clothing or ear wax extractors. The items are shipped from China by Seitu, a Singapore-based subsidiary of TikTok parent ByteDance, according to recent reports. Trendy Beat offers a range of items manufactured and promoted by TikTok for which ByteDance keeps all proceeds. Its preexisting e-commerce pipeline, TikTok Shop, allows third-party vendors to sell merchandise in exchange for a commission to ByteDance. Continue reading Trendy Beat: TikTok Testing White Label In-App Online Store

SiriusXM is shuttering its Stitcher podcasting app and merging podcast delivery into its flagship SiriusXM subscription offerings. As of August 29, “the Stitcher app and web listening experience will be disabled,” the company told users this week. Stitcher offered listeners the choice of free-to-listen ad-supported programs or a la carte show subscriptions. It also had the $4.95 per month ($34.99 per year) Stitcher Premium, providing a wide variety of ad-free podcasts. “Subscribers can listen to podcasts within the SiriusXM app and will see an all-new listening experience later this year,” the company said. Continue reading SiriusXM to Close Its Stitcher Podcast App and Site in August

Data management firm Databricks has agreed to purchase generative AI company MosaicML in a deal valued at $1.3 billion. The three-year-old generative AI startup has developed a platform it says makes it “fast, cost-effective, and easy” for companies to train LLMs and deploy tools to use them. MosaicML has privately raised roughly $64 million to date. Its last valuation was $222 million in January, which means it was purchased for a healthy 6x multiple in a move that appears to prime Databricks for what one brokerage calls an “inevitable” IPO. Continue reading Databricks Acquiring OpenAI Competitor MosaicML for $1.3B

AI-startup Inflection has unveiled a new foundation LLM (large language model) to power its Pi chatbot. Inflection-1 approximates OpenAI’s GPT-3.5 in terms of size and functionality, which puts it on a par with ChatGPT insofar as model training. Inflection claims its LLM exceeds some benchmarks when tested against that competing system, as well as Meta Platforms’ LLaMA, DeepMind’s Chinchilla and Google’s PaLM-540B. Pi is short for Personal Intelligence, and Inflection compiled its LLM with a goal of creating an emotive AI whose conversation provides a reasonable facsimile of empathy and human-like sensibilities. Continue reading Inflection Shares Test Results for Its First AI Language Model

Meta Platforms is marketing its Quest catalog with the new monthly VR subscription game service Meta Quest+. For a monthly fee of $7.99 or $59.99 annually, Quest 2 and Quest Pro enthusiasts will gain access to two hand-picked VR titles per month that they can download and play through the life of their subscription. The “browse less and play more” approach aims to provide users an easy point of entry to explore the Meta Quest catalog. Available as of this week, Meta CEO Mark Zuckerberg announced the Quest+ pass Monday on Meta’s Instagram channel. Those who sign up through July 31 get their first month for $1. Continue reading Meta Announces Quest+ Subscription Service for VR Games

Amazon Web Services (AWS) is investing $100 million to fund a global AI accelerator, aiming to link its machine learning initiatives with experts, customers and partners worldwide. Twilio, Highspot, Lonely Planet and Ryanair are among the first companies to get onboard with the AWS Generative AI Innovation Center to develop new applications. “Through free workshops, engagements and training, AWS will help customers imagine and scope the use cases that will create the greatest value for their businesses, based on best practices and industry expertise,” the company explains. Continue reading AWS Invests $100 Million in Generative AI Innovation Center

The AI Hub server on Discord has drawn attention from the Recording Industry Association of America, which sent a DMCA takedown notice and is alleging copyright infringement. The users are said to share a wide range of AI voice models, including some based on recognizable performers. Those that may sound familiar are in the style of Stevie Wonder, Frank Sinatra, Rihanna and Bruno Mars. AI Hub reportedly has more than 142,000 members that engage in sharing topical information, such as guides. One point that is getting a lot of attention is the RIAA demand that Discord identify the accused infringers. Continue reading RIAA Alleges Popular ‘AI Hub’ on Discord Violates Copyright

The Parliament of Canada passed a law requiring technology companies to pay news outlets when linking to their articles, a move that has Meta Platforms threatening to pull news content from Facebook and Instagram in that country. Canada’s Online News Act, which applies to domestic outlets, is the latest move in a global battle between publishers and Big Tech, and follows a similar law in Australia. “A strong, independent and free press is fundamental to our democracy,” a member of Prime Minister Justin Trudeau’s administration tweeted when the law cleared the vote last week. Continue reading Canadian Law Requires That Tech Firms Pay for News Links

The Federal Communications Commission proposed a rule that would require cable TV and multichannel satellite services to disclose full pricing for programming plans in consumer promotional materials and invoicing, a plan President Biden quickly endorsed. The intent is to clearly convey “all-in” costs as a prominent single line, avoiding taxes and surcharges excluded from sales pitches and sometimes difficult to decipher on bills. “Too often, these companies hide additional junk fees on customer bills disguised as ‘broadcast TV’ or ‘regional sports’ fees that in reality pay for no additional services,” Biden said. Continue reading Biden Supports FCC Plan for Multichannel Price Disclosures

Senate Majority Leader Chuck Schumer unveiled his approach toward regulating artificial intelligence, beginning with nine listening sessions to explore topics including AI’s impact on the job market, copyright, national security and “doomsday scenarios.” Schumer’s plan — the SAFE (Security, Accountability, Foundations, Explainability) Innovation framework — isn’t proposed legislation, but a discovery roadmap. Set to begin in September, the panels will draw on members of industry, academia and civil society. “Experts aren’t even sure which questions policymakers should be asking,” said Schumer of the learning curve. “In many ways, we’re starting from scratch.” Continue reading Schumer Shares Plan for SAFE AI Senate Listening Sessions

IBM and Adobe are expanding their partnership to help enterprise clients accelerate their content supply chains using artificial intelligence including Adobe Sensei GenAI, released in March, and Adobe Firefly, now in beta, as well as Adobe’s generative AI models. IBM says it will create a portfolio of Adobe-specific consulting services. Leveraging Adobe’s AI solutions and IBM Consulting services, the companies aim to “help clients build an integrated content supply chain ecosystem that drives collaboration, optimizes creativity, increases speed, automates tasks and enhances stakeholders’ visibility across design and creative projects.” Continue reading IBM and Adobe Advance AI Content Workflow for Enterprise

The Federal Trade Commission has filed suit against Amazon, alleging the e-commerce giant surreptitiously enrolled millions of people in the $139 per year Amazon Prime program, and once subscribed made it difficult for them to cancel. “Amazon tricked and trapped people into recurring subscriptions without their consent, not only frustrating users but also costing them significant money,” FTC Chair Lina Khan said, citing “deceptive user-interface designs known as ‘dark patterns’ to trick consumers into enrolling in automatically renewing Prime subscriptions.” Continue reading FTC Sues Amazon Over Deceptive Practices Involving Prime