Artificial Intelligence news

Approximately one in three restaurants will go out of business in its first year. For construction companies, that figure rises to 53%.
But AI projects are the real heartbreakers: A Gartner study found that 85% are destined to fail “due to bias in data, algorithms or the teams responsible for managing them.”
Unfortunately, the profound fear of missing out means many organizations are jumping into AI projects with both feet even though they don’t fully appreciate the scope of wo

The economy is a bit better — kind of, maybe, sort of? While things appear to be trending in the right direction, it’s going to be a long road. Besides, if you’re unable to find work, positive macroeconomic trends are cold comfort. One of the nice things about having a platform like TechCrunch is the opportunity to help people in that difficult position.
I work in publishing and am well aware of the pain of being laid off — I’ve been through the process twice. A mil

The enterprise is about to get hit by the generative AI hype train, as Salesforce prepares to invest in startups developing what it calls “responsible generative AI.”
The cloud software giant, via its Salesforce Ventures VC off-shoot, today announced a $250 million generative AI investment fund, which it said has already invested in four startups: search engine upstart You.com, which introduced generative AI smarts a few months back; Anthropic, a heavily VC-backed AI startup from for

Chief executive says journalists should not fear being replaced by machinesThe owner of the Daily Mirror and the Express has published its first articles written using artificial intelligence – but its boss says journalists should not fear it means being replaced by machines.Jim Mullen, the chief executive of Reach, said that after a working group explored the possibilities for the use of AI, the company let a bot produce three articles last week. Continue reading...

Eran Shlomo Contributor Eran Shlomo is the co-founder and CEO of Dataloop.Did you know that 85% of all AI projects fail to reach the production or operation stage? Why is this the case?
It’s very common for businesses to come up with creative ideas to use AI to improve customer experience or simplify workflows. The barrier to success for these projects often resides in the time and resources it takes to get them into development and then into production. But, as we’ve seen with OpenA

Another industrial automation firm is bucking VC slowdown, as Plus One Robotics this morning announces a $50 million raise. The Series C brings the San Antonio-based firm’s total funding up to $94 million to date (including a $33 million Series B back in 2021). Scale Venture Partners led the round, which also features participation from Top Tier Capital Partners, Tyche Partners and ROBO Global Ventures.
The bulk of the funding is slated for sales expansion,” founder and CEO Erik Niev

Businesses dependent on the physical supply chain face a number of potential roadblocks. Customers expect fast deliveries with visibility into each step, but costs — including transportation and raw materials costs — are rising thanks to inflation and other factors. Meanwhile, there’s a talent shortage, particularly in areas like logistics and operations management, and technical barriers to keeping track of inventory.
Aiming to help overcome a few of the challenges, Barry Conl

Two years ago, Microsoft announced Florence, an AI system that it pitched as a “complete rethinking” of modern computer vision models. Unlike most vision models at the time, Florence was both “unified” and “multimodal,” meaning it could (1) understand language as well as images and (2) handle a range of tasks rather than being limited to specific applications, like generating captions.
Now, as a part of Microsoft’s broader, ongoing effort to commercializ

(Credit: DALL-E AI Image)Science fiction is filled with machines that can read the human mind, but you might be able to drop the “fiction” part soon. Researchers from Osaka University have used an advanced AI model to process human brain activity and recreate images seen by the human test subject. Unlike past attempts to read human brain waves, the diffusion model utilized in this study didn’t require extensive training or fine-tuning, and the results are shockingly accurate.To

Salesforce has been in the news for a lot of non-product reasons of late, so it would be understandable that the company wants to bring the focus back to the business of selling software and away from the machinations of activist investors. Today at the TrailheadDX developer conference, the company announced a generative AI push with a pilot of technology they are calling ‘Einstein GPT’ that adds ChatGPT-like features across the platform.
“We’re announcing Einstein GPT, t

D-ID, the Israeli startup behind Deep Nostalgia, announced today that it’s launching the beta version of its new web app that allows users to talk face-to-face with photorealistic AI. The web app, called chat.D-ID, combines D-ID’s text-to-video streaming technology with OpenAI’s ChatGPT to make conversations with AI more accessible.
The startup’s CEO and co-founder, Gil Perry, told TechCrunch that D-ID believes giving ChatGPT a voice and face will allow more people to use

4Chan users have posted the tech giant’s new ChatGPT-style language model online, putting the future of AI at a crossroads – and opening up a whole host of dangersDon’t get TechScape delivered to your inbox? Sign up for the full article hereLast week, Meta announced LLaMA, its latest stab at making a GPT-style “large language model”*. If AI is the future of tech, then big tech companies need to control their own models or be left behind by the competition. LLaMA joi

4Chan users have posted the tech giant’s new ChatGPT-style language model online, putting the future of AI at a crossroads – and opening up a whole host of dangersDon’t get TechScape delivered to your inbox? Sign up for the full article hereLast week, Meta announced LLaMA, its latest stab at making a GPT-style “large language model”*. If AI is the future of tech, then big tech companies need to control their own models or be left behind by the competition. LLaMA joi

AI could benefit society, but it could also become a monster. To guide the way, we need leadership and understandingWe’re at a Frankenstein moment.An artificial intelligence boom is taking over Silicon Valley, with high-tech firms racing to develop everything from self-driving cars to chatbots capable of writing poetry.Robert Reich, a former US secretary of labor, is professor of public policy at the University of California, Berkeley, and the author of Saving Capitalism: For the Many, Not