ElevenLabs was initially considered an outsider in Hollywood. Today the AI startup has become a creative partner. Michael Caine, Matthew McConaughey and others are partners. ElevenLabs raises $500 million in new funding.
wsj.com
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Copilot is a key element of Microsoft’s AI strategy. Attempts to replace ChatGPT with it have proven challenging. Only a small portion of Office subscribers use Copilot. The percentage of those who prefer it over Gemini has only declined.
wsj.com
Ricursive Intelligence was founded by two researchers from Google. The startup uses specialized chips for modern chatbots. The company’s solutions are expected to improve AI chip design. More advanced chips will create more capable AIs.
nytimes.com
Employees in the US increasingly use AI for work-related tasks. Usage rates in the US have been gradually increasing over the past 3 years. Those using AI daily increased to 12% (+2 percentage points). Those using AI several times a week now account for 26% (+3 percentage points).
gallup.com
Employees say AI is not saving them much time. Many employees don’t know how to implement AI in their work. Meanwhile, companies are spending huge sums on AI. The gap between executives and rank-and-file employees is enormous.
wsj.com
OpenEvidence startup raised $250 million in new funding. New funding provided by Thrive Capital and DST. Over the past year, OpenEvidence raised $750 million in investments. Among its investors: Google, Nvidia, Kleiner Perkins and others.
cnbc.com
The Clearing Company startup recently raised $15 million. Coinbase Ventures was already one of the investors. Coinbase previously launched predictions market direction. The startup team will become part of Coinbase crypto exchange.
theblock.co