OpenAI, the pioneering AI startup responsible for ChatGPT, has unveiled its newly appointed board of directors following a tumultuous two-week period. During this time, co-founder Sam Altman was abruptly fired and then reinstated as CEO, sending shockwaves through the AI industry and prompting a near-mass departure of employees. Additionally, OpenAI…Continue Reading
Amazon has unveiled a range of cutting-edge artificial intelligence services during its re:Invent conference, including the introduction of Titan Image Generator, an image creation model. In doing so, Amazon joins tech giants like Google, Meta, and Microsoft in the realm of AI systems capable of generating original images and artwork…Continue Reading
Nvidia made headlines today by announcing record-breaking revenue for its third fiscal quarter of 2024, which concluded on October 31, 2023. The company exceeded Wall Street’s expectations with remarkable financial results. Nvidia, a prominent player in graphics processing units (GPUs) and AI chips, reported an astonishing Q3 revenue of $18.2…Continue Reading
As OpenAI, the prominent artificial intelligence (AI) startup, grapples with an uncertain future following the unexpected removal of CEO Sam Altman, rival company Anthropic is seizing this opportunity to unveil its updated large language model (LLM), Claude 2.1. This launch allows Anthropic to position itself as a stable alternative and…Continue Reading
While Bitcoin is often regarded as the forefather of cryptocurrencies, it’s not typically celebrated for its innovative spirit or groundbreaking endeavors. While some prefer to maintain this status quo, there are those who wish to see change. Enter Taproot Wizards, a Bitcoin-centric project within the Ordinals space, which drew inspiration…Continue Reading
Just one week after its launch, ChatGPT, the AI-powered chatbot developed by OpenAI, attracted more than 1 million users, and within the first month, its user base grew to an impressive 100 million. This remarkable surge in popularity garnered significant attention from both the media and consumers alike. The software’s…Continue Reading
The recent enhancement to OpenAI’s ChatGPT, enabling users to upload PDFs and make inquiries about their content, has reverberated throughout the startup ecosystem. This development represents a notable, if somewhat predictable, challenge for numerous companies, particularly those known as “wrapper startups” that have structured their businesses around a specific gap…Continue Reading
YouTube has unveiled its plans to explore novel generative AI capabilities, as disclosed by the company today. As a component of the premium offering accessible to paid subscribers, YouTube enthusiasts will soon have the opportunity to test a groundbreaking conversational tool driven by AI. This tool will be designed to…Continue Reading
AbsoluteMarket has previously covered Move AI, a UK-based company founded four years ago, known for its smartphone app capable of generating 3D motion capture models from standard 2D video footage. Now, this innovative company, poised to disrupt the long-standing and costly traditional method of 3D motion capture used in sports,…Continue Reading
The AI landscape has been exceptionally dynamic, especially in the year since ChatGPT was publicly launched by OpenAI. Numerous surveys consistently indicate that enterprises are rapidly considering and adopting new AI tools. However, as they do so, there is a critical question: How do they guarantee that the AI solutions…Continue Reading