AI startup Liquid, founded by alums of MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), has released its first models. Called Liquid Foundation Models, or LFMs, the multimodal family approaches “intelligence” differently than the pre-trained transformer models that dominate the field. Instead, the LFMs take a path of “first principles,” which MIT describes as “the same way engineers build engines, cars, and airplanes,” explaining that the models are large neural networks with computational units “steeped in theories of dynamic systems, signal processing and numeric linear algebra.” Continue reading MIT Spinoff Liquid Eschews GPTs for Its Fluid Approach to AI

Backed by Alibaba and Tencent, Chinese startup MiniMax has launched a new text-to-video model called Hailuo AI that is quickly gaining traction on social media based on its impressive capabilities, with comments ranging from “fantastical” to “hyper-realistic.” The free, web-based tool has already triggered videos that have gone viral, despite the current limitation of only 6-second clips. However, an image-to-video model is reportedly coming soon, in addition to a version 2 that promises longer video duration and improved motion. Unlike the Jimeng AI text-to-video model that was issued by ByteDance last month, the MiniMax technology is available outside of China. Continue reading Hailuo AI: China’s MiniMax Releases Free Text-to-Video App

DreamFlare has emerged from stealth to launch what is being billed as the first streaming platform for GenAI video. In addition to the consumer-facing subscription platform, the business model includes a sort of AI studio where creators can tap the expertise of professional storytellers to produce AI video using third-party tools like Runway, Sora and Midjourney. The company will feature two types of content: Flips, which are animated narratives with audio that viewers can also examine frame-by-frame, as with comic books, and Spins, described as “short movies” featuring branched narratives that provide interactive plot choices. Continue reading DreamFlare Launches AI Video Studio and Streaming Service

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

Ilya Sutskever — who last month exited his post as chief scientist at OpenAI after a highly publicized power struggle with CEO Sam Altman — has launched a new AI company, Safe Superintelligence Inc. Sutskever’s partners in the new venture are his former OpenAI colleague Daniel Levy and Daniel Gross, who founded the AI startup Cue, which was acquired by Apple where Gross continued in an AI leadership role. “Building safe superintelligence (SSI) is the most important technical problem of our​​ time,” the trio posted on the company’s one-page website, stating its goal is to “scale in peace.” Continue reading Sutskever Targets Safe Superintelligence with New Company

Amazon has earmarked $230 million to invest in generative AI startups worldwide, providing funding in the form of “AWS credits, mentorship, and education to further their use of artificial intelligence and machine learning technologies.” The initiative will cast a global net, focusing on early-stage companies. About $80 million of that allocation will fund the second cohort of the AWS Generative AI Accelerator, which provides up to $1 million in credits “to each of the top 80 early-stage startups that are using generative AI to solve complex challenges.” Applications for the AWS Accelerator are open through July 19. Continue reading Amazon Commits $230M in AWS Credits for GenAI Startups

Music startup Suno, which leverages ChatGPT tech with the goal of emulating that app’s success in music, has raised $125 million in Series B funding, resulting in a valuation of $500 million. Founded by Harvard physics PhD turned tech entrepreneur Mikey Shulman, the company is being called “a rising star” in the realm of generative AI. Suno lets people generate original songs by using text prompts or lyrics, with the AI supplying the melodies and harmonies for fully-formed compositions. “We started Suno to build a future where anyone can make music,” according to the company. Continue reading AI Startup Suno Raises Funds to ‘Democratize Music Creation’

France has been pursuing Big Tech and Microsoft and Amazon are among the first to express interest. Microsoft has committed $4.3 billion to expand cloud and AI infrastructure there, sharing plans to bring as many as 25,000 advanced GPUs to France by the close of 2025. The software giant will also train one million people for AI and data jobs while supporting 2,500 AI startups over the next three years. Meanwhile, Amazon announced that it would invest up to $1.3 billion to expand its existing footprint of 35 logistics facilities in the country. The deals were announced Monday during the Choose France summit hosted by French President Emmanuel Macron. Continue reading Microsoft, Amazon Commit to Expanding Operations in France

The UK AI Safety Institute announced the availability of its new Inspect platform designed for the evaluation and testing of artificial intelligence tech in order to help develop safe AI models. The Inspect toolset enables testers — including worldwide researchers, government agencies, and startups — to analyze the specific capabilities of such models and establish scores based on various criteria. According to the Institute, the “release comes at a crucial time in AI development, as more powerful models are expected to hit the market over the course of 2024, making the push for safe and responsible AI development more pressing than ever.” Continue reading UK Launches New Open-Source Platform for AI Safety Testing

Months-old startup Cognition AI has emerged from stealth mode with Devin, a generative platform it is calling “the world’s first fully autonomous AI software engineer.” Although Cognition has yet to make Devin widely available, much less allow independent testing, if its claims are true it would mark a turning point in the AI coding space, moving it from a field of AI assistants to a full-fledged AI engineer. Based on natural language instruction, Devin could potentially take a project from concept to execution rather than simply suggesting code snippets or offering barebones frameworks. Continue reading Startup Cognition Launches AI Software Coding Engine Devin

News site Semafor has teamed with Microsoft to create a new breaking news product called Signals it says is a template for “the newsroom of the future.” Using AI tools from Microsoft and OpenAI to assist its journalists, the multi-source Signals will offer “perspectives and insights on the biggest stories in the world as they develop,” Semafor says. Microsoft simultaneously announced deals with the Craig Newmark Graduate School of Journalism at CUNY and the Online News Association. “In a year where billions of people will vote in democratic elections worldwide, journalism is critical to creating healthy information ecosystems,” Microsoft says. Continue reading Semafor Teams with Microsoft on AI-Driven Newsfeed Signals

CTA Vice President of International Trade Ed Brzytwa discussed the sensitive topic of foreign investment transactions with U.S. Department of the Treasury Assistant Secretary for Investment Security Paul Rosen, who runs the Committee on Foreign Investment in the U.S. (CFIUS). Rosen stated that CFIUS was established almost 50 years ago and has been reauthorized by Congress many times. “The mission is to review foreign investments that come into U.S. businesses for national security risks,” he said. “We’re looking to assess who’s getting access to sensitive U.S. assets or getting control of a U.S. company.” Continue reading CES: A Look at the U.S. Security Risks of Foreign Investment

Santa Monica-based AI startup Rabbit Inc. is offering a virtual assistant in the form of a pocket device that the company says can improve upon mobile phones by learning to use your apps and running them for you. Heavily publicized at CES 2024 in Las Vegas this week, the initial run of the company’s r-1 units had as of Tuesday sold out at $199 each. The retro-looking device with a 2.88-inch touchscreen is continuing to take preorders; shipments are scheduled to begin in late March. The company says its proprietary Rabbit OS is the first operating system built on a Large Action Model (LAM) foundation. LAMs are LLMs trained on datasets of actions and consequences. Continue reading CES: Rabbit Launches AI-Powered Pocket Controller for Apps

Startup Flip AI has built a custom LLM to run its observability platform. Observability is the act of monitoring corporate IT systems, ferreting out issues or identifying potential problems before they occur. It’s a 24/7 process, and can slow down sites or apps, sometimes causing crashes. Not to be confused with the PDF reader app, Flip AI has trained an LLM specifically to monitor new and emerging challenges. Concurrently, Flip AI has announced $6.5 million in seed funding led by Factory with participation from Morgan Stanley Next Level Fund and GTM Capital. Continue reading Startup Flip AI Creates Custom LLM to Address Observability

Amazon has entered into a strategic investment in San Francisco-based Anthropic, founded by former members of OpenAI. The AI startup will train and deploy future models using AWS Trainium and Inferentia chips to train and deploy future foundation models with AWS as its primary cloud provider. In turn, Amazon says it will invest up to $4 billion in Anthropic, as it strives to compete with other technology firms in the race to develop generative AI, seeding growth for what is shaping up to be an entirely new economic and social landscape. Continue reading Amazon Plans to Invest Up to $4 Billion in AI Startup Anthropic