Tags: AI
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
US venture capital funding climbed to $55.6 billion in the second quarter, marking the highest level in two years, according to PitchBook data.
Brazil Orders Meta to Cease Using Personal Data for AI Training
Meta cannot use Brazilian personal data to build its AI models, according to the country's data protection authorities.
Figma Temporarily Removes AI Tool Accused of Imitating Apple’s Weather App Design
Figma CEO Dylan Field says the business will temporarily suspend its Make Design AI tool, which was accused of copying Apple's Weather app.
Google Blames AI in Carbon Emissions Rise, Challenging 2030 Net Zero Pledge
Google's annual sustainability report revealed that despite efforts, the company's carbon emissions continued to rise in part due to challenges related to AI.
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Head of Microsoft AI, Mustafa Suleyman, sparked controversy by suggesting all publicly available online content should be treated as "freeware" for training AI.
Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.3 billion. Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.
Amazon said it was reviewing claims that Perplexity AI was scraping content without any approval, including content from prominent news sites.
The Hollywood film and television crew union has reached a tentative three-year agreement with top studios.
The Dataset Providers Alliance (DPA), formed on June 26, includes leading providers of AI training datasets to promote ethical data practices and protect intellectual property rights.
Chinese AI companies are aggressively pursuing users of OpenAI, following reports of the US's impending restrictions on its API access in China.
China's ByteDance is reportedly collaborating with US chip designer Broadcom to develop an advanced AI processor.
Several AI companies are reportedly bypassing a web standard that prevents content scraping, according to a letter from content licensing startup, TollBit.
Target is enhancing its operational efficiency by introducing Store Companion, an AI-powered chatbot designed to provide immediate support and answers to store employees.
France is leading in the generative AI funding race in Europe, according to a new report. France is leading in the generative AI funding race in Europe, according to a new report by venture capital firm Accel and analysts at Dealroom.