Kyle Wiggers
Microsoft is making a major investment in DALL-E 2, OpenAI’s AI-powered system that generates images from text, by bringing it to first-party apps and services. During its Ignite conference this week, Microsoft announced that it’s integrating DALL-E 2 with the newly announced Microsoft Designer app and Image Creator...
Meilisearch, the creator behind the open source search engine project of the same name, today closed a $15 million Series A round led by Felicis, with participation from CRV, LocalGlobe, ESOP, Mango Capital, Seedcamp and Vercel CEO Guillermo Rauch. CEO Quentin de Quelen tells TechCrunch that the new...
An increasing percentage of the code that companies use to develop software is open source. In a 2018 survey by Tidelift, a software supply chain management platform, 92% of professional software developers said that their apps contained open source libraries. While that’s a positive trend — open source...
In the traditional business-to-business world, sellers often don’t know how much of a product they should order. Even at well-run companies, anywhere from 20% to 30% of inventory is either dead (i.e. doesn’t sell) or obsolete, according to one source. The impact on profitability can be quite severe....
Automation Anywhere, one of the best-funded RPA providers with over $1 billion capital raised to date, went the debt route this week, securing a $200 million loan from Silicon Valley Bank, SVB Capital and Hercules Capital.
Debt raises aren’t necessarily a bad thing — they’re a useful tool, particularly...
It was only five years ago that electronic punk band YACHT entered the recording studio with a daunting task: they would train an AI on fourteen years of their music, then synthesize the results into the album “Chain Tripping.”
“I’m not interested in being a reactionary,” YACHT member and...
Gather AI, a startup using drones to inventory items in warehouses, today announced that it raised $10 million in a Series A round led by Tribeca Venture Partners with participation from Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 Tartans. The proceeds bring the...
Not to be outdone by Meta’s Make-A-Video, Google today detailed its work on Imagen Video, an AI system that can generate video clips given a text prompt (e.g. “a teddy bear washing dishes”). While the results aren’t perfect — the looping clips the system generates tend to have...
IriusRisk, a threat modeling platform, today announced that it raised $29 million in a Series B funding round led by Paladin Capital Group with participation from BrightPixel Capital, SwanLab Venture Factory, 360 Capital and Inveready. In a conversation with TechCrunch, CEO Stephen de Vries said that the proceeds...
The White House this morning unveiled what it’s colloquially calling an “AI Bill of Rights,” which aims to establish tenants around the ways AI algorithms should be deployed as well as guardrails on their applications. In five bullet points crafted with feedback from the public, companies like Microsoft...
