Despite his departure from OpenAI, Sam Altman’s involvement with the crypto project, Tools for Humanity, which is responsible for building Worldcoin, continues unabated, according to a source close to the project as reported by TechCrunch. Altman’s contribution to Tools for Humanity remains consistent and valuable, and it is expected to remain so, the source confirmed. … Read more
OpenAI’s ChatGPT Voice feature is now available to all free users, enabling you to switch from using Siri as your main voice assistant on your iPhone, specifically on the iPhone 15 Pro and Pro Max. Apple’s latest smartphones support configuring the new Action Button, replacing the Mute button that has been a feature since the … Read more
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! This week, we dig into spend management companies’ AI aspirations, and one U.K. fintech’s recent growth. AI Aspirations At one … Read more
This week, AI startups, apart from OpenAI, have been dedicated to their product roadmaps amidst the OpenAI chaos dominating the news. Stability AI introduced Stable Video Diffusion, an AI model that generates videos by animating existing images, following its existing Stable Diffusion text-to-image model. Stable Video Diffusion is one of the few available video-generating models … Read more
Google has introduced new tools for website owners, including those managing social media sites and discussion forums, to improve the visibility of their content in Google’s search results. This initiative is in response to the increasing dominance of user-generated web content over SEO-optimized material in today’s online landscape. In May, Google rolled out a new … Read more
Following X’s announcement of its plans to test a three-tiered subscription service, X’s owner Elon Musk hinted that xAI’s Grok, his new AI chatbot, would be part of the top-tier subscription, X Premium+. Newly released screenshots provide a sneak peek at Grok’s appearance within the X app, offering a glimpse of the feature currently in … Read more
Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week, it was impossible to tune out … Read more
Reports on OpenAI’s development of potentially humanity-threatening AI have led to widespread speculation, but further investigation uncovers a different story. Reuters and The Information were among the first to report that OpenAI staff members had raised concerns about an internal research project called “Q*,” highlighting its “prowess” and “potential danger.” While this project could solve … Read more
The excitement around generative AI continues to grow, and the latest evidence is Pika, a startup specializing in AI-powered video editing and generation. The company has just announced that it has raised $55 million in a funding round led by Lightspeed Venture Partners, with participation from Homebrew, Conviction Capital, SV Angel, Ben’s Bites, and notable … Read more
Tola Capital, a venture capital firm investing in AI-enabled enterprise software, has secured $230 million for its third fund, marking its largest fund to date. Recent weeks have seen several new VC funds, with Tola Capital joining the likes of NXTP, Saviu Ventures, Kinterra Capital, Riverwood Capital, Twelve Below, SEVA, Ballistic Ventures, Founders Fund, and … Read more