Covision Media raised €5 million (about $5.4 million) in a funding round to continue developing its technology for 3D scanning and artificial intelligence (AI)-powered 3D content creation. With the new funding, the company will enter its “next phase,” Covision Media said in a Monday (March...
Twenty billion dollars in funding is reportedly riding on OpenAI’s efforts to restructure into an independent for-profit company. OpenAI is finalizing a $40 billion funding round that includes a condition that if it fails to complete that restructuring by the end of the year, the...
People who have used ChatGPT know what generative AI is: They type or speak a prompt, and the chatbot generates an answer, whether it is text, an image, a video, a piece of code, music or 3D content. But in recent months, artificial intelligence (AI)...
Amazon launched an AI agent on Monday (March 31) that can use a web browser to do things like shop for products and services on behalf of users. It can even place the order for you. Called Nova Act, the new artificial intelligence (AI) model...
The CEO of artificial intelligence (AI) firm Perplexity says there’s no truth to speculation that his company is struggling. Aravind Srinivas made this comment in a recent Reddit post — flagged Sunday (March 30) in a report by TechCrunch — aimed at reassuring users and...
The world is on the cusp of a new era of financial intelligence. While many factors contributing to this evolution of enterprise capabilities, the bulk of them a blend of technological and behavioral, few of the financial landscape’s innovations are as exciting for CFOs and...
It’s rare for a company to get confronted by a new technology that is so powerful it poses an existential threat to its business. That’s arguably what happened to Getty Images when text-to-image generators like Stable Diffusion first captured the public’s attention a few years...
Apple is reportedly working on an artificial intelligence (AI) agent that can dispense health advice. It’s all part of what the company has dubbed “Project Mulberry,” Apple’s latest — and perhaps strongest — push into the health field, Bloomberg News reported Sunday (March 30). According...
This week in AI saw mega-fundraising as well as states shifting their regulations to focus more on growth than risk mitigation. Meanwhile, financial service firms remain cautious on agentic AI as Google introduces its most power model yet: Gemini 2.5. Here’s what happened. OpenAI Snags...
