AI startup ElevenLabs reaches unicorn status with $80 million in Series B funding led by Andreessen Horowitz, riding the generative AI wave. ElevenLabs, an artificial intelligence (AI) startup, has achieved unicorn status following its most recent round of funding, as
In a recent move for the AI sector, the King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has joined forces with two prestigious Chinese institutions. Their collaborative product, an Arabic-focused AI system named AceGPT, is reportedly poised
Stability AI has released Stable Diffusion XL (SDXL) 1.0, an open-source generative AI model that can convert text prompts into images. The model competes directly with the likes of Midjourney and Adobe Firefly. The London-based company claimed the new AI
Hugging Face, GitHub, and others have called on the European Union to ease regulations to avoid crimping the development of open-source AI models, as Europe finalizes its AI Act. Creative Commons, EleutherAI, LAION, and Open Future also support the effort.
Bing’s daily active users crossed the 100 million mark within a month of integrating artificial intelligence (AI) into the search engine platform, according to a recent Microsoft statement. According to the firm, one-third of these users are new to Bing
Jack Dorsey brought attention to the Nostr Protocol when he donated $240,000 in Bitcoin to the budding decentralized social network recently. The donation is ironic in that Dorsey is funding a protocol that challenges the hegemony of Twitter, a company
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