OpenAI Acquiring Jony Ive’s io in a Deal Valued at $6.4 Billion

Two years after entering into a collaboration to develop an AI device to succeed the smartphone, OpenAI has agreed to purchase io, Jony Ive’s device and design startup. The $6.4 billion all-stock deal will bring OpenAI to the hardware business and possibly foster the next steps toward ambient computing. “The io team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco,” OpenAI announced, adding that Ive will assume “deep creative and design responsibilities across OpenAI and io.” Continue reading OpenAI Acquiring Jony Ive’s io in a Deal Valued at $6.4 Billion

Google DeepMind AlphaEvolve: Model of Algorithm Efficiency

Google DeepMind has introduced AlphaEvolve, a coding agent that takes an evolutionary approach to general-purpose algorithm discovery and model optimization. AlphaEvolve combines the creative problem-solving abilities of Google’s Gemini models with automated evaluators that verify answers, then applies an evolutionary framework that improves on the most promising results. Evolutionary AI refers to techniques inspired by biological evolution, including natural selection, to optimize and design machine learning models. Continue reading Google DeepMind AlphaEvolve: Model of Algorithm Efficiency

Figma Intros AI-Powered Web Building App, Marketing Tools

Design software startup Figma is rolling out new products and AI upgrades that aim to make the company a one-stop creative ecosystem for taking projects from concept to execution without any third-party apps. At its flagship Figma Config event in San Francisco, the company introduced new products for branded marketing, digital illustration, website building and AI coding, all designed to compete with leaders in the field. “In a world where software is growing exponentially, design is a differentiator that will make great companies and products stand out,” said Figma CEO and co-founder Dylan Field. Continue reading Figma Intros AI-Powered Web Building App, Marketing Tools

Flora Is a New AI Interface Geared Toward Helping Creatives

Flora is a new software interface built by AI creatives for creative AI applications. Much like Apple reinvented the personal computer UI to make it feel natural for people who were not IT specialists, Flora aims to reframe the way designers and artists interact with generative AI. “AI tools make it easy to create, but lack creative control,” the startup’s founder Weber Wong says, opining that such tools have proven “great for making AI slop, but not for doing great creative work.” Wong’s goal is to make an AI interface everyone will find comfortable and intuitive, simplifying use and curating “the best text, image, and video models.” Continue reading Flora Is a New AI Interface Geared Toward Helping Creatives

OpenAI In-House Chip Could Be Ready for Testing This Year

OpenAI is getting close to finalizing its first custom chip design, according to an exclusive report from Reuters that emphasizes the Microsoft-backed AI giant’s goal of reducing its dependency on Nvidia chips. The blueprint for the first-generation OpenAI chip could be finalized as soon as the next few months and sent to Taiwan’s TSMC for fabrication, which will take about six months — “unless OpenAI pays substantially more for expedited manufacturing” — according to the report. Even by usual standards, the training-focused chip is already on a fast track to deployment. Continue reading OpenAI In-House Chip Could Be Ready for Testing This Year

Midjourney Touts Collaborative World-Building App Patchwork

With AI powering a range of new world-building apps, 2025 could be the year the metaverse finally makes an impact. Midjourney joins the world-building club with Patchwork, a collaborate canvas for creating “infinite” fictional worlds. Now in research preview, the tool is being developed as a standalone app, though preview access requires a Midjourney Discord account linked to a Google account. Users are able to connect characters and worlds, and “share” their developing world — evolving as a “board” — with up to 100 collaborative partners on Midjourney (though the company recommends fewer participants for a more focused experience). Continue reading Midjourney Touts Collaborative World-Building App Patchwork

Meta, Oxford Advance 3D Object Generation with VFusion3D

VFusion3D is the latest AI model unveiled by Meta Platforms, which developed it in conjunction with the University of Oxford. The powerful model, which uses single-perspective images or text prompts to generate high-quality 3D objects, is being hailed as a breakthrough in scalable 3D AI that can potentially transform sectors including VR, gaming and digital design. The platform tackles the challenge of scarce 3D training data in a world teeming with 2D images and text descriptions. The VFusion3D approach leverages what the developers call “a novel method for building scalable 3D generative models utilizing pre-trained video diffusion models.” Continue reading Meta, Oxford Advance 3D Object Generation with VFusion3D

Canva Aims to Boost Its GenAI Efforts with Leonardo Purchase

Graphic design company Canva announced it is acquiring fellow Australian startup Leonardo AI with plans to have Leonardo’s 120 employees, including executives, join the Canva AI team. Financial terms of the deal were not disclosed. Sydney-based Leonardo has been gaining attention for its advanced generative AI platform that helps users create images and art based on the open-source Stable Diffusion model developed by Stability AI. The Leonardo team claims its offering is different than other AI art platforms since it provides users with more control. Users can experiment with text prompts and quick sketches as Leonardo.ai creates photorealistic images in real time. Continue reading Canva Aims to Boost Its GenAI Efforts with Leonardo Purchase

Adobe Adds New Firefly AI Features to Illustrator, Photoshop

Adobe is bringing more Firefly AI features to its popular Photoshop and Illustrator design platforms. The upgrade is a significant step forward for Adobe since the 2023 debut of Firefly, and sees Photoshop finally getting in-app ability to generate AI images, and also a new Generative Shape Fill that is still in beta, allowing designers to quickly add detailed vectors to shapes by entering text prompts directly in the Contextual Taskbar. Improvements to Illustrator include the Dimension Tool, Retype, Style Reference, its own Contextual Taskbar, Retype and two new beta tools, Text to Pattern and Mockup. Continue reading Adobe Adds New Firefly AI Features to Illustrator, Photoshop

Figma Redesigns Its User Interface and Adds New AI Features

Figma is rolling out its third redesigned user interface, UI3, aimed at making the company even more competitive with Adobe. New are native AI features that accelerate workflows, letting teams build high-quality software. Available in limited beta, Figma AI adds the ability to generate design drafts with a single prompt, enabling rapid experimentation and prototyping. The move advances Figma’s goal of moving beyond design tool to a full-blown product development platform, while making the service intuitive and friendly enough for novices while maintaining the full features demanded by Sigma’s professional users. Continue reading Figma Redesigns Its User Interface and Adds New AI Features

Graphics Productivity Tool Canva Unveils Enterprise Redesign

Web-based editing application Canva unveiled a significant makeover this week in Los Angeles at the Canva Create event. Touting “a whole new Canva,” the company shared changes that impact the entire platform, from pricing to tools, templates and user interface. The new editor, designed to make it easier to jump between projects, is “available to the first one million users who discover the secret portal hidden in their Canva homepage, before becoming available to the entire Canva community from August.” The 11-year-old company, which claims 183 million free and paid monthly users, also unveiled an enterprise solution. Continue reading Graphics Productivity Tool Canva Unveils Enterprise Redesign

Adobe Considers Sora, Pika and Runway AI for Premiere Pro

Adobe plans to add generative AI capabilities to its Premiere Pro editing platform and is exploring the update with third-party AI technologies including OpenAI’s Sora, as well as models from Runway and Pika Labs, making it easier “to draw on the strengths of different models” within everyday workflows, according to Adobe. Editors will gain the ability to generate and add objects into scenes or shots, remove unwanted elements with a click, and even extend frames and footage length. The company is also developing a video model for its own Firefly AI for video and audio work in Premiere Pro. Continue reading Adobe Considers Sora, Pika and Runway AI for Premiere Pro

Adobe and Figma Call Off Their Proposed $20 Billion Merger

In the wake of increasing pressure from European regulators, Adobe and Figma announced they are terminating their proposed merger agreement. California-based Adobe had planned to purchase Figma’s cloud-based product design platform for $20 billion, a proposal that was 15 months into the regulatory review process. However, the two companies eventually agreed there was no possibility of obtaining regulatory approval from the European Commission and the UK Competition and Markets Authority (CMA). According to a regulatory filing, the decision to cancel the deal will require Adobe to pay Figma a reverse termination fee of $1 billion in cash. Continue reading Adobe and Figma Call Off Their Proposed $20 Billion Merger

U.S., Britain and 16 Nations Aim to Make AI Secure by Design

The United States, Britain and 16 other countries have signed a 20-page agreement on working together to keep artificial intelligence safe from bad actors, mandating collaborative efforts for creating AI systems that are “secure by design.” The 18 countries said they will aim to ensure companies that design and utilize AI develop and deploy it in a way that protects their customers and the public from abuse. The U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) and the United Kingdom’s National Cyber Security Centre (NCSC) jointly released the Guidelines for Secure AI System Development. Continue reading U.S., Britain and 16 Nations Aim to Make AI Secure by Design

Magic Studio from Canva Offers AI Design for All Skill Levels

Web-based design app Canva has raised the curtain on its AI-powered Magic Studio as part of the company’s 10-year anniversary outreach. Canva is positioning Magic Studio as collecting diverse AI tools to provide a “comprehensive AI-design platform” for business and home users that want to automate labor-intensive tasks like creating and editing images and outputting to different formats using generative artificial intelligence. Created for “the 99 percent of the world without complex design skills,” Canva’s Magic Studio offers many of the features now being built-in to smartphones and software suites, but easier and “all in one place.” Continue reading Magic Studio from Canva Offers AI Design for All Skill Levels