San Francisco-based Virtue AI recently announced that it has secured $30 million in seed and Series A funding. The round was led by Lightspeed Venture Partners and Walden Catalyst Ventures, with participation from several investors, including Prosperity7. Virtue AI is dedicated to eliminating the traditional trade-off between AI innovation and security, enabling companies to deploy generative AI technology safely and efficiently.
Welcome to the [AI Daily] column! This is your daily guide to exploring the world of artificial intelligence. Every day, we present you with hot topics in the AI field, focusing on developers, helping you understand technical trends, and learning about innovative AI product applications.
Infosys recently released its Q4 FY25 financial report, revealing a net profit of $814 million, a 11.7% decrease compared to $959 million in the same quarter last year. However, the company's revenue grew by 7.9% year-over-year, reaching $4.7 billion. For the full fiscal year, total revenue reached $19 billion, showing a modest 3.9% increase. In a press release, Infosys CEO Salil Parekh expressed optimism regarding generative AI...
In the rapidly evolving landscape of Artificial Intelligence (AI), specialized knowledge for technology professionals is becoming increasingly crucial. Interview Kickstart, based in Santa Clara, California, recently announced an update to its Generative AI course, designed to equip tech professionals to navigate this rapidly changing market. This news coincides with the significant attention generated by Chinese tech giant Baidu's launch of its next-generation AI models – Ernie4.5 and Ernie X1. Baidu's multimodal foundation models...
Recent advancements in generative AI have fueled innovation in video generation. A new video diffusion technology called FramePack has garnered significant attention. According to information compiled by AIbase from recent posts on X, FramePack's remarkably low VRAM requirements and efficient generation capabilities promise to usher in a new era of video generation accessible to mainstream GPUs. Technical Breakthrough: Only 6GB VRAM needed, effortlessly generating thousands of frames. FramePack's most significant advantage is its extremely low...
In today's generative AI-driven world, how brands perform in machine-generated search results is increasingly crucial. Israeli startup Brandlight recently announced a $5.7 million funding round to help businesses effectively influence how AI models perceive and represent their brands. Founded by CEO Imri Marcus, CTO Dvir Dvash, and COO Uri Gafni, the company attracted Cardumen Capital upon launch.
Toyota's materials handling and warehousing solutions division in Thailand has announced a partnership with AI security and cyber intelligence provider Gorilla to develop smart warehouse automation tools. The collaboration combines Gorilla's AI solutions with Toyota's expertise in logistics and materials handling to create innovative smart factory solutions. These tools will address real-world challenges in daily operations such as incorrect parts requests, low warehouse efficiency, and high costs associated with work delays, thereby leveraging smart technology.
In a recent annual letter to shareholders, Amazon CEO Andy Jassy highlighted the company's significant investment in artificial intelligence (AI). He noted that while the development and deployment costs of AI remain high, future AI usage costs are expected to decrease significantly as technology advances. Image Note: Image generated by AI, image licensing provider Midjourney. Jassy revealed that Amazon plans to invest up to $100 billion in capital expenditures in 2025.
IBM announced the acquisition of data and AI consulting firm Hakkoda to expand its data services and accelerate clients' digital transformation journeys. This acquisition brings Hakkoda's generative AI portfolio to IBM, supporting data modernization projects across financial services, public sector, and scientific fields. IBM Senior Vice President Mohamad Ali stated: Leveraging Hakkoda's expert data knowledge, strong technology partnerships, and asset-centric...
Recently, Yiren Digital (NASDAQ: YRD) announced that its self-developed Zhiyu large language model has officially completed registration in accordance with the relevant provisions of the "Interim Measures for the Management of Generative Artificial Intelligence Services." This news marks a significant step for Yiren Digital on the path to AI technology compliance and lays a solid foundation for its intelligent applications in the financial field. As a leading AI-driven financial service provider in China, Yiren Digital is driving industry transformation through technological innovation. Image Note: Image generated by AI, image authorized by Midjour.