Anthropic’s rise is giving some OpenAI investors second thoughts

One investor who has backed both companies told the FT that justifying OpenAI's recent round required assuming an IPO valuation of $1.2 trillion or more — making Anthropic's current $380 billion valuation look like the relative bargain.

from TechCrunch https://ift.tt/TcwEh7S
via IFTTT

Comments

Post a Comment

Popular posts from this blog

Google signs Stephen Curry to pitch its Pixel, health, and AI gear

Image
Stephen Curry will likely be making some appearances in future Pixel ads. Google has brought NBA star Stephen Curry on board to help shape the company’s hardware, features, and AI services. The long-term partnership was announced today at the Made by Google event, with Curry joining the company as a “performance advisor” for Google’s Health, Pixel, and Cloud products, leaning into his athletic experience and expertise. Part of Curry’s job will involve testing and providing feedback for Fitbit’s new personal health coach, sharing “coaching methods and philosophies” that can be used to improve the feature, according to Google’s press release. The health coach is a Gemini-based chatbot that generates customized workout routines and metric targets for Fitbit app users based on the health goals they’re working towards. “This hands-on work has already begun, with Stephen and his team of experts working with our health experts and product and AI engineers to test our new products and exp...
Read more

Libby introduces ‘Inspire Me’ to beef up your reading list

Libby will soon officially roll out a new AI-powered discovery tool called Inspire Me. The feature suggests five titles based on saved books or selected prompts. Some users and librarians are skeptical about privacy concerns and AI replacing human curation. Libby, the popular library app for borrowing e-books and audiobooks, has introduced a new discovery tool called Inspire Me. The AI-powered feature offers five tailored recommendations based on a reader’s saved titles or selected prompts, surfacing books available to borrow right away. In theory, the tool should streamline skimming your Libby app for book ideas. But not everyone is ready to hand over their reading list to an algorithm. Libby hopes Inspire Me will complement librarian-led discovery, but some users have already raised red flags. First, about the privacy concerns, but secondly, about the role of generative AI versus real, human experts. As one Redditor bluntly put it: “Thanks, but I’ll stick with my local libra...
Read more

Google is supercharging screenshot editing on your Pixel with Android 16 QPR2 Beta 1

Image
  Google has introduced a new screenshot editing experience on Pixel phones running Android 16 QPR2 Beta 1. Now, when you edit a screenshot, it opens directly in the Pixel Studio app You can use additional screenshot editing tools in Pixel Studio, including the ability to alter screenshots using AI. Google has rolled out a more advanced screenshot editing experience on Pixel phones running Android 16 QPR2 Beta 1 . Now, when you edit a screenshot, it opens directly in the Pixel Studio app, which offers a wider range of editing tools compared to the standard screenshot editor in Google Photos, including AI-powered editing. from Android Authority https://ift.tt/wi9YLIA via IFTTT
Read more