Getty Images and Nvidia are expanding their AI partnership with the addition of the text-to-image platform Generative AI by iStock, designed to produce stock photos that can be used by individuals or enterprise customers. Built on Nvidia Picasso, a foundry for custom AI models, and trained exclusively on data from Getty Images’ proprietary creative libraries, Generative AI by iStock “has been engineered to guard against generations of known products, people, places or other copyrighted elements,” Getty explains, adding that “any licensed visual that a customer generates comes with iStock’s standard $10,000 USD legal coverage.” Continue reading CES: Getty Rolls Out iStock Generative AI Powered by Nvidia

Intel has teamed with Florida-based investment firm DigitalBridge to launch Articul8, an independent company catering to the GenAI software needs of enterprise customers by offering secure, vertically-optimized full-stack solutions. Intel says the GenAI system can read text and images. It was reportedly developed by Intel to meet the security needs of Boston Consulting Group to run in its data centers, and later scaled for general enterprise use. Articul8 aims to keep customer data, training and inference “within the enterprise security perimeter,” Intel notes, adding that customers can choose between cloud, on-premise or hybrid deployment. Continue reading Intel, DigitalBridge Launch GenAI Software Firm for Enterprise

Japanese triple-A game publisher Square Enix rang in the New Year with an open letter from President Takashi Kiryu emphasizing that the 20-year-old firm intends to reinforce its core business of content development and game publishing while aggressively exploring new areas like artificial intelligence and extended reality. In the short term, AI will be used “to enhance our development productivity and achieve greater sophistication in our marketing efforts,” Kiryu wrote in his letter, explaining that “in the longer term, we hope to leverage those technologies to create new forms of content.” Continue reading Square Enix to Explore New Content Possibilities with AI, XR

As the pressure ratchets up for AI companies to go beyond the wow factor and make money, Stability AI has formalized three subscription tiers as it seeks to expand commercial use of its open-source, multimodal core models. The Stability AI Membership offerings include a free tier for personal and research (i.e., non-commercial) use, a professional tier that costs $20 a month, and a custom-priced enterprise tier for large outfits. The company says that with the three tiers it is “striking a balance between fostering competitiveness and maintaining openness in AI technologies.” Continue reading Stability AI Is Offering Paid Membership for Commercial Users

Microsoft has expanded its Models as a Service (MaaS) catalog for Azure AI Studio, building beyond the 40 models announced at the Microsoft Ignite event last month with the addition of the Llama 2 code generation model from Meta Platforms in public preview. In addition, GPT-4 Turbo with Vision has been added to accelerate generative AI and multimodal application development. Similar to things like Software as a Service (SaaS) and Infrastructure as a Service (IaaS), MaaS lets customers use AI models on-demand over the web with easy setup and technical support. Continue reading Microsoft Brings Meta’s Llama 2 to Azure Models as a Service

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

Google is closing the year by heralding 2024 as the “Gemini era,” with the introduction of its “most capable and general AI model yet,” Gemini 1.0. This new foundation model is optimized for three different use-case sizes: Ultra, Pro and Nano. As a result, Google is releasing a new, Gemini-powered version of its Bard chatbot, available to English speakers in the U.S. and 170 global regions. Google touts Gemini as built from the ground up for multimodality, reasoning across text, images, video, audio and code. However, Bard will not as yet incorporate Gemini’s ability to analyze sound and images. Continue reading Google Announces the Launch of Gemini, Its Largest AI Model

Meta Platforms is moving Imagine with Meta from its test bed as a generative AI experience in chats to a standalone experience on the Web that allows users to create high-resolution images using natural language text prompts. That is one of more than 20 generative AI features Meta is deploying to create new business opportunities globally leveraging AI across search, ads, business messaging and more. While most will wind up on Facebook, Instagram, Messenger and WhatsApp, some say Meta’s popular Facebook and Instagram platforms have plateaued at 2 to 3 billion users per month, circumscribing ad growth. Continue reading Standalone Image Generator Is Among New AI Tools by Meta

AMD is coming to market with a new slate of chips optimized for artificial intelligence, including the AMD Instinct MI300 Series data center AI accelerators, ROCm 6 open software stack with new features for large language models, and Ryzen 8040 Series processors with Ryzen AI. The new offerings have received a welcome reception from customers including Microsoft, Oracle, Meta Platforms and Dell, among others that can benefit from building a strong network of suppliers of AI chips. The market is currently dominated by Nvidia, which is challenged to meet existing demand. Continue reading AMD’s New AI Chips Get Welcome Reception from Enterprise

Stability AI, developer of Stable Diffusion (one of the leading visual content generators, alongside Midjourney and DALL-E), has introduced SDXL Turbo — a new AI model that demonstrates more of the latent possibilities of the common diffusion generation approach: images that update in real time as the user’s prompt updates. This feature was always a possibility even with previous diffusion models given text and images are comprehended differently across linear time, but increased efficiency of generation algorithms and the steady accretion of GPUs and TPUs in a developer’s data center makes the experience more magical. Continue reading Stability AI Intros Real-Time Text-to-Image Generation Model

Sam Altman has wasted no time since being rehired as CEO of OpenAI on November 22, four days after being fired. This week, the 38-year-old leader of one of the most influential artificial intelligence firms outlined his “immediate priorities” and announced a newly constituted “initial board” that includes a non-voting seat for investor Microsoft. The three voting members thus far include former Salesforce co-CEO Bret Taylor as chairman and former U.S. Treasury Secretary Larry Summers — both newcomers — and sophomore Adam D’Angelo, CEO of Quora. Mira Murati, interim CEO during Altman’s brief absence, returns to her role as CTO. Continue reading Altman Reinstated as CEO of OpenAI, Microsoft Joins Board

Amazon Web Services is introducing Amazon Q, an AI chatbot geared toward enterprise clients who can customize it to increase productivity for their specific business needs. AWS also announced that it has updated its homegrown Graviton4 chips for a 30 percent performance boost. AWS confirmed it will be the first Big Tech firm to deploy the latest version of Nvidia’s Grace Hopper Superchip AI accelerator, and additionally will become a data center host for Nvidia’s DGX Cloud service. The announcements were disclosed at the AWS re:Invent conference in Las Vegas. Continue reading Amazon Unveils Productivity Chatbot, Gets Nvidia Superchip

Nvidia logged another record quarter, with Q3 revenue of $18.12 billion, up 206 percent from a year ago and a 34 percent increase from Q2 that exceeded both its own and analyst projections. The surge, attributed to increasing demand for the chips that drive artificial intelligence, logged primarily under Nvidia’s data center results a record $14.51 billion, up 279 percent from the prior year and 41 percent from Q2. Profits swelled to $9.2 billion, a stunning 1,259 percent increase from 2022’s $680 million. The results for Nvidia’s Q3 were for the three-month period ending October 31. Continue reading Nvidia Sales Surge as Rivals Circle and China Sanctions Loom

Just four days after being pushed out by the OpenAI board, Sam Altman will be reinstated as CEO of the company he co-founded. His return as chief executive was announced in a series of online posts. In addition, most of the company’s board members will be replaced. Following Altman’s firing, Microsoft CEO Satya Nadella had announced Altman would lead a new advanced AI research team to run independently within Microsoft. However, hundreds of OpenAI employees, including co-founder and board member Ilya Sutskever, continued to push for Altman’s return, threatening to quit if he was not reinstated. Continue reading In Latest Twist, Sam Altman Is Reinstated as CEO of OpenAI

Music tech studio CreateSafe has officially launched its generative AI-powered platform Triniti in open beta. Triniti lets artists create AI voice clones, generate text-to-audio samples, get assistance monetizing and managing music IP or interact with a chatbot on industry-specific music questions. The company has raised $4.6 million in a seed round led by cryptocurrency and blockchain investment firm Polychain Capital to further develop Triniti. Crush Ventures, hip hop music manager Anthony Saleh, and Paris Hilton’s 11:11 Media also participated in the funding round. Continue reading Voice Cloning Startup CreateSafe Introduces GenAI Platform