Open source AI is booming, according to hugging face ceo Clem Delangue. The company has evolved in recent years into something like a GitHub for AI, where AI builders can share and download open models and datasets, now used by nearly half the Fortune 500. DeLongue has seen the same story over and over again:…
Disney+ is considering making some of its streaming library available to watch for free, according to a report from business insider. The report says Disney chief product and technology officer Adam Smith discussed the possibility of offering free-tier content during a town hall on Thursday. It is unknown which shows or movies will be included…
Earlier this week, Bloomberg reported this Microsoft was replacing some of OpenAI’s software with its own in-house models in an effort to cut costs. The outlet reported that the in-house models, known as MAI, are being used to power apps like Word and Excel. The story raises a common question about two companies that once…
There’s something very meta about this, via bloomberg. Lizr, a three-year-old startup in Jersey City, New Jersey, that helps enterprises create AI agents, used its own AI agent to raise its own round. The system, SivaClaw, reportedly asked questions of more than 130 investors, drafted investment memos, and even tracked which slides backers stuck on….
fanduelA sports betting app is being sued for allegedly using VIP features to deepen customers’ gambling addiction. according to philadelphia enquirerPhillies star and two-time MLB MVP Bryce Harper sent a personal video message to Terry Thompson, one of two plaintiffs in the case, as part of FanDuel’s special treatment for big spenders. FanDuel has hired…
AI training startup Mercor is reportedly in talks to raise a round at a valuation of $20 billion, according to sources tell bloomberg. This will be significantly higher than its last value in October, when it made a rise $350 million Series C at a valuation of $10 billion. The outlet reported that negotiations for…
Gradium, a Paris-based startup that offers voice AI models, has reopened its seed round to new investors including Nvidia, and has now raised a total of $100 million for this round. Said on Thursday. The company is using the cash to open an office in the Bay Area and compete for talent there, “solidifying its…
the block is Agreed to pay $45 million To settle claims brought by 46 US states alleging that its peer-to-peer payments app, Cash App, failed to adequately protect users from fraud. The state attorney general said he found that Block misled users by falsely advertising that Cash App offered bank-like security, including advanced fraud detection….
A judge has approved a $1.5 million fine levied against Elon Musk to settle a US Securities and Exchange Commission lawsuit despite there being “significant misrepresentations” about it. U.S. District Judge Sparkle Sooknan said her court would accept the settlement, Bloomberg reported Wednesday, which cited him court opinion. Sooknan’s approval settles a lawsuit filed by…
Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion – almost double that of the previous year.$6.6 billion The valuation the company achieved last December, investigation and report submitted. Menlo Ventures, a firm that announced its latest 3 billion dollar fund It is expected to lead…
