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Generative AI

Runway raises $141M

New York City-based applied AI research company Runway has raised a $141 million Series C extension round.

Inflection AI raises $1.3B

Inflection AI has raised $1.3 billion from Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor Nvidia.

Amazon Web Services announces new Generative AI innovation center

Amazon is opening an AWS Generative AI innovation center, a new program to help customers successfully build and deploy generative artificial intelligence (AI) solutions.

Databricks to acquire generative AI platform MosaicML for $1.3B

Databricks has entered into a definitive agreement to acquire generative AI platform-provider MosaicML for $1.3 billion. 

AI is a lot of work — The Verge

Behind even the most impressive AI system are people — huge numbers of people labeling data to train it and clarifying data when it gets confused, writes Josh Dzieza.