Generative AI
IBM launches $500M Enterprise AI venture fund
IBM has launched a $500 million venture fund aimed at investing in AI enterprises ranging from early-stage startups to those experiencing rapid growth.
Meta prohibits generative AI tools for political ads — CNN
Meta is prohibiting political advertisers from using the company’s new, artificial intelligence tools that help brands generate text, backgrounds and other marketing content, writes...
Aleph Alpha raise $500M (Germany)
Berlin, Germany-based Aleph Alpha, a German company specializing in generative artificial intelligence (AI), has completed a $500 million Series B funding round.
OpenAI launches GPT-4 Turbo; unveils API improvements with price reductions
OpenAI has announced the launch of GPT-4 Turbo, an enhancement of the previously released GPT-4 model.
Artists lose first copyright battle in the fight against AI-generated images — Computerworld
In a class action lawsuit filed against AI-generated image service providers Stability AI, Midjourney, and DevianArt, a US district judge ruled that determining whether generated images may be in direct violation of copyright laws is “not plausible” at the moment, writes Anirban Ghoshal.