Mercedes-Benz received a permit from California regulators to sell or lease vehicles with a conditional automated driving system for hands-free driving on certain highways. Mercedes-Benz received a deployment permit for its Drive Pilot system from the California DMV on Thursday. The hands-off, eyes-off system can be used on certain California …
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Adobe announced today that enterprise customers can customize its Firefly generative image generator with their own branded assets. In addition, enterprise users will be able to access Firefly from Adobe Express, formerly Adobe Spark. “Enterprise leaders expect content demands to increase by five-fold over the next two years, making it …
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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 …
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“Colombia’s largest coffee producer” Green Coffee Company raised $25 million in Series C equity funding. Coffee is worth $493 billion worldwide. Smaller coffee companies have emerged alongside legacy brands. I recently reported on Chamberlain Coffee raising venture capital, joining Fellow, Blank Street, and many celebrity coffee brands. Compound Foods and …
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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 …
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Meta is testing a broadcast-based messaging feature called Channels on WhatsApp, similar to a recent Instagram update, to give its 2 billion users more conversational options. The company also hopes to make money from this feature. WhatsApp will add an Updates tab for Channels messages. On Instagram, Meta announces channels …
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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 …
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The Verge reports that Apple bought AR headset startup Mira for an undisclosed amount. Mira, founded in 2016 by Los Angeles entrepreneur Ben Taft, makes AR headsets for Universal Studios’ Nintendo World theme parks. Before the acquisition, Blue Bear Capital, Happiness Ventures, and Sequoia invested $17 million in the startup …
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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 …
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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 …
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