Databricks, a prominent enterprise software company, has successfully completed a $500 million Series I funding round. This financial boost propels the company’s valuation to a whopping $43 billion, with a share price at $73.50. Funding Details and Participants The funding round witnessed leadership from T. Rowe Price Associates and Morgan Stanley’s Counterpoint Global. Joining the … Read more
To the surprise of almost no one, Apple has begun to quietly discuss their plans to move into the AI Arena with a series of intitatives that are (for the moment) being discussed internally as “Apple GPT.” Bloomberg reports that Apple has developed an internal framework (named ‘Ajax’) and a chat bot on their internal … Read more
Following the release of their “gee whiz” Zoom feature, MidJourney recently added an “Pan” feature, further enhancing MidJourney’s outpainting capabilities. You can pan in all four major directions (up, down, left, right) by clicking on the arrows that appear below an image in Midjourney. In the following example, the above photograph, shot in a familiar … Read more
According to this article from SCMP, Hong Kong has introduced the first AI curriculum for junior secondary students. The curriculum aims to teach students basic AI concepts, computer vision, speech and language, robotic reasoning, AI ethical issues, and the impact of AI on society. Students will also learn to generate pictures and write letters using … Read more
MidJourney, one of the leading Generative AI tools for image creation, announced the release of version 5.2 today. It included significantly improved aesthetics, coherence, text understanding, sharper image detail, and a few other features and capabilities. All the immediate attention, however, is going to the Zoom Out outpainting tool, which allows you to take an … Read more
Generative AI can be a powerful time and money saver for businesses. From enhancing predictive analytics and personalizing customer recommendations to automating reporting and customer support, Generative AI is more than just technology—it’s a strategic partner capable of supercharging decision-making processes and streamlining operations. The era of Generative AI is here, ushering in a future teeming with business efficiencies and opportunities.
According to a recent article in the Financial Times, the productivity revolution from Generative AI that many are predicting may take a while to arrive. Economists believe that the combination of a boom in generative artificial intelligence and pandemic-induced workplace changes could lead to a new era of faster productivity growth across the developed world, … Read more