[[{“value”:” Raj Aggarwal is leaving AWS after nearly three years as the company’s GM of generative AI and revenue acceleration, according to a LinkedIn post Aggarwal published Wednesday. “I’m proud of the pioneering work our team did in generative AI from its earliest days,” Aggarwal said in his post. “We built what might be the world’s […] © 2024 TechCrunch….
Group co-led by Fei-Fei Li suggests that AI safety laws should anticipate future risks
[[{“value”:” In a new report, a California-based policy group co-led by Fei-Fei Li, an AI pioneer, suggests that lawmakers should consider AI risks that “have not yet been observed in the world” when crafting AI regulatory policies. The 41-page interim report released on Tuesday comes from the Joint California Policy Working Group on Frontier AI Models, […] © 2024 TechCrunch….
Substack rival Ghost is now connected to the fediverse
[[{“value”:” Newsletter platform Ghost, an open source competitor to Substack, is now connected to the fediverse, also known as the open social web. Federated apps run on the protocol ActivityPub, which powers apps like Mastodon, Pixelfed, Threads, Flipboard, and others, allowing posts published on one app to be seen and engaged with by those on other […] © 2024 TechCrunch….
xAI launches an API for generating images
[[{“value”:” Elon Musk’s AI company, xAI, has added image generation capabilities to its API. Only one model is available in the API at the moment, “grok-2-image-1212.” Given a caption, the model can generate up to 10 images per request (limited to 5 requests per second) in JPG format, priced at $0.07 per image. For comparison, AI […] © 2024 TechCrunch….
Telegram founder Pavel Durov says app now has 1B users, calls WhatsApp a ‘cheap, watered down imitation’
[[{“value”:” Telegram founder Pavel Durov said today that the service now has more than 1 billion active users. This number is up from last year’s reported 950 million monthly active users. Durov also noted that the company registered $547 million in profits last year. He had announced the company’s profitability in December but hadn’t provided any […] © 2024 TechCrunch….
Elon Musk’s X reportedly bounces back to $44B valuation
[[{“value”:” Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times. Elon Musk purchased the platform, formerly known as Twitter, for $44 billion back in 2022. However, a report from Bloomberg states that X has raised close to $1 billion from investors in a deal that […] © 2024 TechCrunch….
In another good sign for fintech, Ribbit Capital is raising a new $500M fund
[[{“value”:” Ribbit Capital is raising $500 million for a new fund, an SEC filing seen by TechCrunch has revealed. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]