Enterprise language AI platform Smartcat has raised $43 million in Series C funding to expand its AI-powered translation and multilingual content generation solutions, which allow global businesses to create ten times more content in multiple languages faster and more cost-effectively.
Palantir and BP have extended their decade-long collaboration with a new five-year agreement to enhance BP's oil and gas production operations with the safe deployment of large language models, to optimize performance and support decision-making across BP's global assets.
CardiaTec, a company using computational methods to study cardiovascular disease, has raised $6.5 million in seed funding to build the world's first proprietary human heart tissue multi-omics dataset and advance its drug development pipeline.
AI-powered bookkeeping startup Finally has raised $200 million in funding to expand its all-in-one financial management platform for small and mid-sized businesses.
Capsa AI, a startup founded less than a year ago, has raised £1.7m in seed funding to expand its AI-powered platform that streamlines due diligence processes for private equity firms. The Capsa AI platform has demonstrated significant time savings for early adopters.
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Games studio Lightspeed L.A. and 80 video games have agreed to SAG-AFTRA's tiered and interim agreements including AI protections for talent, demonstrating that the union's proposed terms are reasonable and achievable.
IdentifAI raised a €2.2M seed funding round; Skillvue secured $2.8M; ChatGPT is coming to Volkswagen cars in the US; Root Signals secured $2.8M; Anthropic launched a plan for enterprise users; Sakana AI secured a Series A and a partnership with NVIDIA; and much more
01.ai has released Yi-Coder, an open-source large language model for coding tasks that, despite its relatively small size (1.5B and 9B parameters), outperforms larger models in various benchmarks and excels in various code-related tasks and program-aided mathematical reasoning.
Microsoft is intensifying efforts to combat non-consensual intimate imagery (NCII), including AI-generated deepfakes, by partnering with StopNCII for detection in Bing.
Google has introduced new AI-powered features for Photos, including an improved search function and the Gemini-powered "Ask Photos" feature for US users. Google also updated its virtual try-on tool to include dresses, enhancing photo organization and online shopping experiences.
YouTube is developing new AI technologies, including synthetic-singing identification and AI-generated face detection, to protect creators and artists while promoting responsible AI use, emphasizing that AI should enhance human creativity rather than replace it.