Exists has launched a groundbreaking generative AI platform designed to simplify the 3D game development process without requiring coding skills. The platform utilizes an innovative neural network architecture, combining generative AI with advanced game engine capabilities, allowing users to create high-quality games within minutes through text prompts. Key features include AI-generated assets, a user-friendly interface, generative techniques, multiplayer support, advanced customization, and cinematic rendering tools. The aim is to democratize game creation by collaborating with game studios to integrate its technology into a UGC platform.

London-based AI startup Rabbitt.AI has secured $2.1 million in funding from TC Group to develop customized LLMs, fine-tune RAG, and create advanced AI applications for deployment. Its platform offers MLOps suites, voice robot AI agents, and emphasizes privacy strategies in AI deployment. Founded by IIT-D alumni, Rabbitt.AI focuses on small, customized, and industry-specific AI models, collaborating with major tech companies like NVIDIA, Meta, and Microsoft. The company has a significant presence in India.

Recently, the European Commission announced the launch of several funding programs for generative artificial intelligence. These programs will be implemented under the "Horizon Europe" work projects next year, with a total budget of up to 500 million euros. The goal of this plan is to help the European Union keep pace with the global pace in the field of artificial intelligence, especially in using technologies like ChatGPT to solve industrial issues in the real world.Image Source Note: The imag

Recently, KPMG released a survey report on corporate AI strategy for 2024, pointing out that there is a significant transformation in the investment and application of generative artificial intelligence (GenAI) by enterprises. According to this survey, corporate leaders have realized that simply investing in AI technology is not enough; they need to actively expand the use of GenAI to create new revenue sources and enhance investment returns.Image Source Note: The image was generated by AI, and

Tech giant Oracle recently announced the launch of HeatWave GenAI cloud service, an innovative product designed to offer comprehensive generative AI and machine learning solutions to enterprises. This service integrates multiple advanced features, including in-database large language models, enabling automated analysis at transaction and Lakehouse scale. The core advantage of HeatWave GenAI lies in its accessibility and ease of use. Enterprise customers can apply generative AI technology to thei

Generative AI (genAI) has become the hot skill that businesses are pursuing in 2024. Skills-based hiring is replacing degree requirements, focusing on employee abilities and soft skills. A LinkedIn survey shows that AI skills, adaptability, and communication have become essential workplace skills. Adaptability has become central to skills-based hiring, with soft skills prioritized over hard skills.

Adobe launches Project Music GenAI Control, integrating user customization with AI-generated music. This tool can generate audio based on text descriptions or reference melodies and allows users to customize the results. Developed in collaboration with the University of California and Carnegie Mellon University, it showcases Adobe's exploration and efforts in the field of music creation. Adobe stated that it will develop GenAI tools based on licensed or public domain data to avoid potential intellectual property issues, despite the existing legal and ethical concerns.

Microsoft has established the GenAI team with the goal of developing smaller and cheaper artificial intelligence models. The GenAI team will focus on language models similar to OpenAI's GPT-4 but using fewer computing resources. Led by Microsoft Vice President Misha Bilenko, the team will be part of the Azure cloud division. The objective is to enhance the scalability and cost-effectiveness of AI models, reducing operational costs on supercomputers. This initiative is significant for companies providing cloud-based AI services, enabling them to operate on a wider range of hardware.

Small and medium enterprises have security vulnerabilities in GenAI applications; companies lack awareness of the risks associated with GenAI applications; ChatGPT drives a surge in GenAI investments; enterprises struggle to keep up with the fast-paced development of GenAI technology; security incidents related to GenAI applications are frequent.

28% of global employees use generative artificial intelligence, with more than half doing so without employer approval. Companies lack clear policies on GenAI, which may pose potential risks. 70% of global employees have not received training on the safe and ethical use of GenAI. Certain sectors, such as healthcare, lack clear GenAI policies.

LG CNS has launched DAP GenAI, a generative artificial intelligence platform designed for commercial purposes, offering product recommendations, document summarization, and data-driven reports. The platform allows the selection of large language models such as OpenAI's ChatGPT and Google's PaLM2, and also supports the creation of AI services for product recommendations. DAP GenAI additionally provides two features, AI Prompt and LLMOps, to deliver accurate answers and optimize the LLM scope, tailored for specific businesses.

["Docker announced the free GenAI stack at the Dockercon23 conference, aimed at simplifying the development of generative AI applications.", "This stack integrates Neo4j graph database and LangChain model chain technology, reducing the complexity of container configurations.", "Docker AI is a specialized GenAI tool, based on proprietary Docker data, that assists developers in correcting errors in their workflow.", "The free availability of Docker GenAI stack will"]

AI startup Writer has completed a $100 million Series B funding round, with a post-funding valuation exceeding $500 million. Writer provides its own large language model and knowledge graph to generate various professional content for enterprises. Writer's advantages lie in ensuring content quality, safety, and compliance with industry regulations.