Artificial Intelligence

Lens Protocol, a web3 product that creates a decentralized social networking ecosystem, raised $15 million, its team told TechCrunch exclusively. Aave, a web3 technology company, is building a protocol that lets users lend and borrow crypto tokens. (Aave raised $49 million.) Aave CEO Stani Kulechov said the protocol aims to …

LinkedIn launched its own ad suggestion tool weeks after Meta launched a suite of generative AI-based tools to help advertisers create different campaigns. The company suggests ad introductory text based on a marketer’s LinkedIn page and Campaign Manager settings like objective, targeting criteria, and audience. Microsoft-owned LinkedIn uses OpenAI models …

On Tuesday, Automattic, the company behind WordPress.com and the main contributor to open-source WordPress, launched an AI assistant for the popular content management system. The assistant integrates seamlessly with WordPress.com and Jetpack-powered sites, according to the company. Add an “AI Assistant” block to your post or page. After typing a …

Instabase, a startup that develops apps to understand and analyze “unstructured” data, raised $45 million in a Series C round led by Tribe Capital and including Andreessen Horowitz (a16z), New Enterprise Associates, and Spark Capital. Instabase’s valuation doubled to $2 billion as it invested more in generative AI. “At Instabase, …

Never met. Never spoke. The Vision Pro isn’t for you, I’m sure. It’s a gamble. It’s not for most people, like you. The headset costs $3,500. Most people know a product’s price, so it’s probably too expensive. Vision Pro is The media, including us, reported it. Apple sells consumer goods. …

On Wednesday, Byju’s unveiled three transformer models to improve service quality and streamline student learning and personalization as the edtech giant bets big on AI to transform its business. Badri, a predictive AI model, predicts when students may struggle with certain concepts. This model proactively suggests ways to fill knowledge …

According to a tweet, Linda Yaccarino became Twitter CEO on Monday. “It happened—first day in the books!” she wrote. Stay tuned. Twitter owner Elon Musk announced a new CEO in mid-May. Musk announced Yaccarino’s appointment as CEO days after she resigned as NBCUniversal’s advertising and partnerships group chairman. Yaccarino may …

Last fall, former Uber research scientist Jerry Liu found “limitations” in OpenAI’s GPT-3 text-generating AI model, the predecessor to GPT-4. LlamaIndex, his open-source project, unlocks the capabilities and use cases of large language models (LLMs) like GPT-3 and GPT-4. “LLMs offer incredible capabilities for knowledge extraction and reasoning—they can perform …

In its first six days, industry leader OpenAI’s ChatGPT smartphone app had over half a million downloads. Character, an a16z-backed AI app, is claiming launch success.AI app claims 1.7 million installs in less than a week. The AI app company, which raised $150 million in Series A funding earlier this …

Ring, an Amazon-owned video surveillance company, will pay $5.8 million to settle FTC charges that staff and contractors had unrestricted access to customers’ videos for years. Wednesday saw the settlement filed in U.S. District Court for the District of Columbia. The FTC verified the settlement shortly after. Reuters reported the …