IT on The Soothsayer / page 5

Apple’s Image Playground Revolutionizes AI-Generated Art

Apple has recently released iOS 18.2, which includes a groundbreaking feature called Image Playground. This AI-driven tool enables users to create cartoon-like images from text descriptions, opening up new possibilities for creative expression and artistic innovation. With Image Playground, users can access a range of image creation options, including the ability to upload photos and…

Zomato’s $1 Billion Fundraise: A Game-Changer for India’s Quick-Commerce Market

Indian food delivery app Zomato has raised $1 billion from institutional investors, marking its first major fundraise since its 2021 IPO. The company plans to use the funds to maintain competitive parity in the quick-commerce market, which is expected to generate over $6.5 billion in annual run-rate revenues. Zomato’s move comes as rival Swiggy has…

Alibaba’s QwQ-32B-Preview: A New Challenger to OpenAI’s o1 Reasoning Model

Alibaba’s Qwen team has released a new reasoning AI model, QwQ-32B-Preview, which has 32.5 billion parameters and can consider prompts up to 32,000 words in length. The model performs better on certain benchmarks than OpenAI’s o1-preview and o1-mini models and is available for download under a permissive license. QwQ-32B-Preview has shown promising results in solving…

Brightcove’s Private Takeover: A Shift in the Video Streaming Landscape

Brightcove, a cloud platform for managing and monetizing video content, has been taken private by Italian technology company Bending Spoons in an all-cash deal valued at $233 million. This acquisition marks Bending Spoons’ entry into the enterprise SaaS market and its first acquisition of a publicly traded company. The deal is expected to close in…

Bluesky Faces EU Scrutiny Over User Reporting

Bluesky, a social network gaining popularity due to an exodus of users from rival X, is in breach of European Union regulations that require online platforms to regularly publish regional user numbers. The Digital Services Act, which came into effect in February, aims to foster transparency and address illicit content. Bluesky has failed to report…

Apple’s iPhone App of the Year Snub: A Sign of AI’s Limited Impact?

Apple has released its list of finalists for the iPhone App of the Year award, and once again, AI-powered apps have been largely overlooked. Despite the growing popularity of AI assistants like ChatGPT, Apple’s curated list favors more traditional iOS apps that empower human creativity. This trend suggests that Apple may be downplaying the impact…

Instagram Takes on Rivals with New Location-Sharing Feature

Instagram has introduced a new feature that allows users to share their locations with friends via direct messages (DMs). This move is seen as a challenge to services like Apple’s Find My and Snapchat’s Snap Map. The feature, which can be used to coordinate arrival times or find friends in crowded spaces, has a time…

ChatGPT Revolutionizes AI Landscape, But Challenges Loom Ahead

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. The chatbot has become an essential tool for businesses, with over 92% of Fortune 500 companies using it. However, OpenAI is facing internal drama, including the exit of co-founder and chief scientist Ilya Sutskever, and a lawsuit from…

Anthropic and Amazon Deepen Partnership, Paving the Way for Next-Gen AI

Anthropic, a leading AI startup, has secured an additional $4 billion from Amazon, solidifying their partnership and cementing Amazon’s position as a minority investor. The deal requires Anthropic to train its flagship generative AI models primarily on Amazon Web Services (AWS), Amazon’s cloud computing division. This strategic move is expected to accelerate the development of…

OpenAI’s AI Training Data Debacle: A Copyright Lawsuit’s Unforeseen Twist

In a surprising turn of events, OpenAI has accidentally deleted data potentially relevant to a copyright lawsuit filed by The New York Times and Daily News. The lawsuit alleges that OpenAI scraped their works to train its AI models without permission. OpenAI engineers erased the data, but were able to recover most of it, albeit…

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