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Krea raises $83M to be the one-stop shop for genAI creatives

​Overwhelmed with trying to keep up with the different models you can now use to build your content using AI? A startup called Krea that’s looking to solve this problem specifically for designers and other visual creatives has now raised $83 million for a platform it believes will make the task of working with generative […]  

IBM acquires consultancy Hakkoda in continued AI investment push

​IBM on Monday announced that it acquired Hakkoda, a data and AI consultancy based in New York, for an undisclosed amount. Mohamad Ali, SVP and head of IBM’s consulting business, said that the acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, […]  

SignalFire raises over $1B as LPs embrace data-driven investing

​Thirteen years ago, when Chris Farmer founded early-stage venture firm SignalFire with data analysis at the core of its investment strategy, many were skeptical about the approach — conventional wisdom dictated that nascent companies didn’t have enough data to make investment algorithms effective. “This was a very radical idea, and everyone thought I was crazy,” […]  

Want to stay young? Peter Diamandis says survive the next 10 years

​Peter Diamandis, a futurist with degrees from both MIT and Harvard, has spent much of the past two decades evangelizing a vision of an “abundant future” driven by exponential technologies that will lengthen our lives. The serial entrepreneur and founder of organizations like the XPRIZE Foundation and Singularity University has also cultivated close ties with […]  

Meta’s benchmarks for its new AI models are a bit misleading

​One of the new flagship AI models Meta released on Saturday, Maverick, ranks second on LM Arena, a test that has human raters compare the outputs of models and choose which they prefer. But it seems the version of Maverick that Meta deployed to LM Arena differs from the version that’s widely available to developers. […]  

BBC seeks more prominent credit in Apple and Google News

​The British Broadcasting Corporation has filed a complaint with a UK antitrust regulator complaining that aggregators like Apple News and Google News minimize credit for the stories they feature. Apple Insider reports that the BBC is asking the UK’s Competition and Markets Authority to require Apple and Google to more prominently credit news sources. And […]