OpenAI co-founder and former chief scientist Ilya Sutskever, who exited the company in May after a power struggle with CEO Sam Altman, has raised $1 billion for his new venture, Safe Superintelligence (SSI). The cash infusion from major Silicon Valley venture capital firms including Andreessen Horowitz, Sequoia Capital, DST Global, SV Angel and NFDG has resulted in a $5 billion valuation for the startup. As its name implies, SSI is focused on developing artificial intelligence that does not pose a threat to humanity, a goal that will be pursued “in a straight shot” with “one product,” Sutskever has stated. Continue reading Safe Superintelligence Raises $1 Billion to Develop Ethical AI

An AI-powered coding app called Cursor is building a fanbase, with everyone from hobbyists to engineers subscribing to the service. The platform reportedly has 30,000 paying customers, among them employees at OpenAI, Midjourney and Perplexity. Referred to as “the ChatGPT of coding,” Cursor uses popular models including GPT-4o and Claude 3.5 Sonnet to automate building apps and other coding tasks. Cursor was launched by two-year-old startup Anysphere, which has raised more than $60 million in Series A funding led by Andreessen Horowitz and Thrive Capital. Continue reading New AI Coding App Cursor Gains Following and $60M in Funds

Canadian generative video startup Viggle AI, which specializes in character motion, has raised $19 million in Series A funding. Viggle was founded in 2022 on the premise of providing a simplified process “to create lifelike animations using simple text-to-video or image-to-video prompts.” The result has been robust adoption among meme creators, with many viral videos circulating among social media platforms powered by Viggle, including one featuring Joaquin Phoenix as the Joker mimicking the movements of rapper Lil Yachty. Viggle’s Discord community has four million members including “both novice and experienced animators,” according to the company. Continue reading Viggle AI Raises $19 Million on the Power of Memes and More

Palo Alto-based startup PIP Labs announced an $80 million funding round for Story Protocol, a blockchain platform to track intellectual property rights in the era of artificial intelligence and the data scraping that enables model training. CEO and co-founder Seung Yoon “SY” Lee says the company aims to create a more sustainable IP environment for digital consumers and builders. The raise, led by Andreessen Horowitz (a16z) and Polychain Capital, values the startup at $2.25 billion. The move comes after Sahara AI announced it raised $43 million this month to fund a blockchain-based IP tracking system. Continue reading Story Raises $80M to Create Blockchain-Based IP Protection

A new generative AI startup called Black Forest Labs has hit the scene, debuting with a suite of text-to-image models branded FLUX.1. Based in Germany, Black Forest was founded by some of the researchers involved in developing Stable Diffusion and has raised $31 million in funding from principal investor Andreessen Horowitz and angels including CAA founder and former talent agent Michael Ovitz. The FLUX.1 suite focuses on “image detail, prompt adherence, style diversity and scene complexity,” the company says of its three initial variants: FLUX.1 [pro], FLUX.1 [dev] and FLUX.1 [schnell]. Continue reading Black Forest Labs Announces Suite of Text-to-Image Models

Bellevue, Washington-based startup Butterflies AI has created a new social platform that makes artificial intelligence more interactive with humans, allowing people to create customized AIs that generate posts, comments and DMs to which their creators and other humans — as well as other Butterfly AIs — can respond. Anyone using the platform, which has launched publicly on iOS and Android after 5 months in beta, can create their own AI, called a “Butterfly.” The venture, created by former Snap engineer Vu Tran, has raised $4.8 million on Tran’s premise that the public lacks an “interesting” consumer AI product. Continue reading Butterflies: AI Interacts with Humans on New Social Platform

Northern California startup Luma AI has released Dream Machine, a model that generates realistic videos from text prompts and images. Built on a scalable and multimodal transformer architecture and “trained directly on videos,” Dream Machine can create “action-packed scenes” that are physically accurate and consistent, says Luma, which has a free version of the model in public beta. Dream Machine is what Luma calls the first step toward “a universal imagination engine,” while others are calling it “powerful” and “slammed with traffic.” Though Luma has shared scant details, each posted sequence looks to be about 5 seconds long. Continue reading Luma AI Dream Machine Video Generator in Free Public Beta

China’s Kuaishou Technology has a video generator called Kling AI in public beta that is getting great word-of-mouth, with comments from “incredibly realistic” to “Sora killer,” a reference to OpenAI’s still in closed beta video generator. Kuaishou claims that using only text prompts, Kling can generate “AI videos that closely mimic the real world’s complex motion patterns and physical characteristics,” in sequences as long as two minutes at 30 fps and 1080p, while supporting various aspect ratios. Kuaishou is China’s second most popular short-form video app, after ByteDance’s Douyin, the Chinese version of TikTok. Continue reading ByteDance Rival Kuaishou Creates Kling AI Video Generator

French startup Mistral AI has released its first large language model for coding. Codestral gives developers looking for a code-native AI tool an option to Meta’s Code Llama, Microsoft’s GitHub Copilot and Amazon Q. Fluent in 80 programming languages — including Python, C++ and JavaScript — Codestral can complete code, write tests, and augment partial code “using a fill-in-the-middle mechanism,” while reducing “the risk of errors and bugs,” according to the company. The new LLM is described as open, but its license prohibits commercial use of both Codestral and its outputs. Continue reading Mistral Development Tool Knows 80 Programming Languages

“What if you could describe a sound and generate it with AI?,” asks startup ElevenLabs, which set out to do just that, and says it has succeeded. The two-year-old company explains it “used text prompts like ‘waves crashing,’ ‘metal clanging,’ ‘birds chirping,’ and ‘racing car engine’ to generate audio.” Best known for using machine learning to clone voices, the AI firm founded by Google and Palantir alums has yet to make publicly available its new text-to-sound model but began teasing it by releasing online demos this week. Some see the technology as a natural complement to the latest wave of image generators. Continue reading ElevenLabs Promotes Its Latest Advances in AI Audio Effects

The entrepreneurs behind the Myspace social network and gaming company Jam City have shifted their focus to generative AI and web3 with a new venture, Plai Labs, a social platform that provides AI tools for collaboration and connectivity. Plai Labs has released a free text-to-video generator, PlaiDay, which will compete with other GenAI video tools from the likes of OpenAI (DALL-E 2), Google (Imagen), Meta Platforms (Make-A-Video) and Stable Diffusion. But PlaiDay hopes to set itself apart by offering the ability to personalize videos with selfie likenesses. Continue reading Social Startup Plai Labs Debuts Free Text-to-Video Generator

Seattle-area startup Irreverent Labs has shifted its focus from blockchain-based video games and NFTs to artificial intelligence. Specifically, it wants to build foundation models for text-to-video generation and related content creation tools. Text-to-video is being explored by several companies but is still in development. Samsung Next was intrigued enough with the proposition to invest an undisclosed sum in Irreverent. While there are several apps that output cartoonish results, ambitious efforts are limited. Animations that aim for photorealism, such as Meta’s Make-a-Video and Runway’s Gen-2, can output only four or five seconds of video at a time. Continue reading Samsung Next Invests in Irreverent Labs’ Text-to-Video Tech

Character.AI is a new chatbot that generates facsimiles of conversations with famous personages or original creations. Napoleon Bonaparte, Billie Eilish and Ariana Grande are among the  historical or contemporary characters the site recreates using a neural network. Anyone can use the free app to create a character, whether fictional or real, dead or alive, but a paid offering called c.ai+ provides perks including faster response times, priority access and early previews of new features. In addition to a website, the app launched on iOS and Android this month, triggering 700,000 Android installs within 48 hours. Continue reading Character.AI Lets Users Chat with Wide Variety of Characters

Substack, the web-based publishing and discovery platform, has opened an investment round to its writers and potentially other retail investors. Founded in 2017, the company has already raised more than $85 million, most recently from venture firm Andreessen Horowitz and entrepreneur Audrey Gelman. But last year, in a rough economic climate, it reportedly came up dry and is now asking the many writers who rely on it to put skin in the game. Based on early response, Wednesday’s announced goal of $2 million was upped to $5 million the next day. Continue reading Substack ‘Community Round’ Outperforms Its Funding Goal

Facing backlash against his executive leadership, Twitter’s new owner and CEO, billionaire Elon Musk, conducted an informal 12-hour poll over the weekend asking users of the popular social media platform whether he should keep his new position. “Should I step down as head of Twitter?” the controversial executive asked. “I will abide by the results of this poll.” After more than 17.5 million responses, the results indicate that a majority of users believe Musk should step down from his post (57.5 percent voted in the affirmative). As of press time, it remains unclear what action Musk may take in light of the poll results. Continue reading Twitter Users Vote in Favor of Musk Stepping Down as CEO