September 5, 2024: All Hands AI Secures $5M for Open Source Agents - All Hands AI raised $5M in a seed round led by Menlo Ventures to develop open source AI agents that handle routine developer tasks, enhancing productivity. Inspired by AI Cognitions Devin demo, the project, now called OpenHands, aims to create proactive pair programmers. Co-founders Robert Brennan, Xingyao Wang, and Graham Neubig bring extensive expertise in NLP and machine learning. With plans for enterprise features, the startup seeks to integrate with tools like VS Code and build a sustainable open source model attracting enterprise contributions.

September 5, 2024: Google Enhances AI Try-On with Detailed Dresses - Google has expanded its AI-powered virtual try-on tool to include dresses from various brands, addressing complexities in dress details and resolution with a new training strategy and VTO-UNet Diffusion Transformer (VTO-UDiT). This aims to offer a more accurate fit for users and improve upon existing technologies.

September 5, 2024: Salesforce Unveils Foundations to Unify Sales Operations - Salesforce introduced Salesforce Foundations, a free suite for Sales Cloud and Service Cloud users, to unify sales operations across departments. It includes foundational tools from Sales, Service, Marketing, Commerce, and Data Clouds. By harmonizing customer data, it enables better insights and collaboration, potentially driving more revenue. Features like secure payment links and targeted segmentation are now widely accessible. The package also offers free trials of top partner apps, enhancing productivity and reducing costs.

September 5, 2024: OpenAI Reaches 1 Million Business Users - OpenAIs ChatGPT Enterprise, Team, and Edu offerings have hit one million paying business users, up from 600,000 in April 2024. Significant growth has come from outside the U.S., with prominent organizations using the platform. A survey of 4,700 users revealed a 92% productivity increase, as businesses utilize the tools for research, content drafting, and ideation. OpenAIs growth parallels its APIs rising usage, driven by models like GPT 4o mini.

September 4, 2024: Claude Enterprise Challenges ChatGPT with Robust Features - Anthropic has launched Claude Enterprise to rival OpenAIs ChatGPT Enterprise, targeting businesses needing enhanced administrative controls and security. Key features include a 500,000-token context window, Projects and Artifacts workspaces, and GitHub integration, setting it apart from competitors. Designed to handle complex tasks, Claude Enterprise aims for broader adoption among early users like GitLab and Midjourney to achieve financial viability amidst pressure to lower API costs.

September 4, 2024: UK Approves Microsoft-Inflection Deal, Labels It Merger - The UKs CMA approved Microsofts $650M acquihire of AI startup Inflections team, designating it a relevant merger situation despite no formal acquisition. The CMA found no significant competition concerns as Inflection wasnt a major competitor to Microsofts AI tools. However, future tech deals may face closer scrutiny under similar circumstances.

September 4, 2024: Revefi Secures $20M for AI Data Engineer - Revefi Inc. has raised $20 million in a Series A funding round to launch Raden, the worlds first AI-powered data engineer. The tool acts as an autopilot for data teams, providing insights into data accuracy and quality while reducing data warehousing costs by up to 50% and boosting efficiency by 35%. The round was led by Icon Ventures with participation from Mayfield, GTM Capital, and StepStone Group. The funds will support product launch and team expansion.

September 4, 2024: Claude Enterprise: Enhanced AI for Businesses - Anthropics new Claude Enterprise plan offers businesses a 500,000-token context window, significantly boosting the context capacity of their AI models. Key features include collaborative tools like Projects and Artifacts, native GitHub integration, and robust security measures with single sign-on, role-based access, and audit logs. Early adopters like GitLab and Boston Consulting Group have reported significant productivity gains and streamlined workflows using Claude.

September 4, 2024: Safe Superintelligence Secures $1B for AI Research - Safe Superintelligence (SSI), co-founded by ex-OpenAI chief scientist Ilya Sutskever, raised over $1 billion from investors like NFDG, a16z, Sequoia, and more. SSI plans to use the funds to acquire computing power and hire researchers in Palo Alto and Tel Aviv. Valued at $5 billion, SSIs research focus remains undisclosed. Sutskever left OpenAI after internal conflicts regarding communication with CEO Sam Altman and former board members.

September 4, 2024: Cosmos Institute Unveils AI Lab and Grant Programs - The Cosmos Institute, co-founded by Anthropics Jack Clark, has announced new initiatives including the Human-Centered AI Lab at Oxford, aimed at creating ethical AI that respects human dignity. The Institute will also offer fellowships and launch Cosmos Ventures to fund projects exploring technologys philosophical impacts. They advocate for a humanistic and decentralized approach to AI development.

September 4, 2024: New Stability AI Models Launch on Amazon Bedrock - Stability AI has expanded its offerings on Amazon Bedrock by introducing three new text-to-image models: Stable Image Ultra, Stable Diffusion 3 Large, and Stable Image Core. This effort aims to provide enterprise users with tailored options for various use cases, enhancing Stability AIs market reach amidst a competitive landscape. This move follows recent operational changes, including a new CEO and funding infusion, as well as the companys ongoing efforts to diversify its go-to-market strategies.

September 4, 2024: Sakana AI Secures $100M for AI Innovation - Sakana AI, a Japanese startup founded by ex-Google researchers and a former diplomat, raised $100M in a series A round led by major investors, including Nvidia. Leveraging a unique nature-inspired collective intelligence approach, Sakana aims to push AI boundaries with advanced, energy-efficient technologies. The funding will accelerate talent acquisition and infrastructure expansion, positioning the company to rival OpenAI and Anthropic while boosting Japans AI competitiveness.

September 4, 2024: Stability AI Unveils Three Text-Image Models on AWS - Stability AI has launched three advanced text-to-image modelsStable Image Ultra, Stable Diffusion 3 Large, and Stable Image Coreon Amazon Bedrock, enabling businesses to train, fine-tune, and deploy them at scale. Stable Image Ultra excels in photorealistic outputs for professional use, while Stable Diffusion 3 Large focuses on high-volume, high-quality creative assets. Stable Image Core offers rapid, affordable content generation. This partnership aims to enhance customer experiences with best-in-class AI models. Pricing and details are available on AWSs portal.

September 3, 2024: Spotter Studio AI Tools Boost YouTube Creativity - Spotter launched Spotter Studio, an AI-powered creative suite for YouTubers. It aids in brainstorming video concepts, generating thumbnails, and project management. The tool analyzes creators past videos and top-performing YouTube content to offer personalized suggestions. Although it raises concerns about originality, Spotter ensures that its AI-generated ideas are unique to each user. Early beta tests indicate a 49% increase in views for videos made using Spotter Studio. Available in the US, Canada, UK, and Australia, the service costs $49/month, with a limited-time annual discount and a 30-day free trial.

September 3, 2024: Google Adds AI Gemini to Chromes Address Bar - Google has integrated the Gemini AI chatbot into Chromes address bar, allowing users to access generative AI responses by typing @gemini followed by their query. This move democratizes AI technology, making it more accessible to millions of users. The Gemini 1.5 Flash version powers this feature, although it lacks contextual browsing awareness. This integration, following successful trials, raises data privacy concerns and could reshape digital marketing and SEO strategies while solidifying Googles leading position in AI-enhanced web browsing.

September 3, 2024: Elon Musks xAI Unveils Colossus Supercomputer - Elon Musks xAI launched Colossus, an AI training system utilizing 100,000 Nvidia H100 GPUs. Described as the worlds most powerful, Colossus could surpass the U.S. Energy Departments Aurora system. xAI plans to double its GPUs to 200,000 soon, including the faster H200 chips. This upgrade is expected to enhance xAIs capabilities, enabling the development of more advanced language models.

September 3, 2024: Google Unveils Android 15 with AI, Enhanced Security - Google announced the release of Android 15, featuring new AI-powered capabilities, improved typography, advanced camera controls, private space for sensitive data, and passkey sign-in. The update will soon be available on Pixel devices and other brands like Samsung and Xiaomi. New features include detailed audio descriptions in TalkBack, Circle to Search for song identification, listening to web pages in Chrome, and offline maps for Wear OS. The earthquake safety feature is expanding to all U.S. states and six territories.

September 3, 2024: iPhone 16 and Apple Intelligence Lead Glowtime - At Apples Glowtime event on September 9, the iPhone 16 and Apple Intelligence are set to debut, alongside updates to the Apple Watch Series 10, AirPods 4, and possibly new Macs. Apple Intelligence, a generative AI feature, will only be available on the iPhone 15 Pro and Pro Max. The iPhone 16 Pro models will feature larger edge-to-edge displays, improved camera systems, and better batteries. Additional key reveals include Wi-Fi 7 support for Pro models, enhanced smartwatch features, including a new processor and potential glucose monitoring, and a plastic-body Apple Watch SE.

September 2, 2024: California AI Liability Bill Awaits Newsoms Decision - California bill SB 1047, designed to prevent AI-related catastrophes, awaits Governor Newsoms signature. The bill, led by Senator Scott Wiener, holds AI developers liable for significant damages, potentially reshaping the states AI industry. Supporters see it as necessary regulation; critics fear it could stifle innovation. Newsoms decision, due by September 30, could either enact these regulations or defer to potential federal oversight, which might be less stringent but slower to implement. The bill would introduce substantial compliance requirements starting in 2025.

September 2, 2024: SparkLabs Closes $50M for Global AI Startups - SparkLabs, noted for backing AI giants like OpenAI, has launched a $50 million AIM AI Fund. This fund will support AI startups via its Saudi-based AIM-X accelerator and globally, emphasizing Series A and B investments. About 35% of funds target accelerator participants; the rest will go to top AI startups, primarily in the U.S. The initiative reflects the growing global AI startup ecosystem, with the U.S. leading. SparkLabs has invested in 14 startups so far and will announce them live at the GAIN Summit in Riyadh on September 10.