This week at WWDC 2024, that prize went to Apple Intelligence.
It’s something that I’ve been requesting from Apple for several years, fueled by my own health struggles and the fact that I’ve somehow managed to contract COVID four times so far.
The ability to pause your activity rings is a minor feature update for most, but for those of us who obsess about such things to an unhealthy degree, it’s the best Apple Watch update in years.
There are several options for pausing: You can do it for one day, by day of the week or for entire months at a time.
Once entered, this will be the goal for that day of the week until it’s changed again.
Read More“Much-Awaited Addition: Apple Watch Includes Long-Demanded Feature”
The U.S. Federal Trade Commission will examine the rise of AI technology across all fronts, said FTC Chair Lina Khan, speaking at TechCrunch’s StrictlyVC event in Washington, D.C., on Tuesday.
In fact, it’s already seeing an uptick in consumer complaint cases in some areas, like voice cloning fraud, Khan said.
Asked what areas of AI the FTC was watching, Khan explained that it was everything.
Of course, policing AI comes with its challenges, despite the number of technologists the FTC has hired to help in this area.
Another area of focus for the FTC is the focus on what openness really means in the AI context, Khan explained.
Read MoreInsights from FTC Chair Lina Khan on the Agency’s AI Examination
The U.S. Federal Trade Commission is focusing its efforts on going after Big Tech, according to FTC Chair Lina Khan, who spoke at TechCrunch’s Strictly VC event in Washington, D.C., on Tuesday.
Khan said the agency is focused on going after the players that are doing the biggest harm, as opposed to just increasing the number of cases that it brings forward.
“One thing that’s been important for me is to make sure that we’re actually looking at where we see the biggest harm,” Khan said.
The FTC and the Department of Justice have struck a deal to investigate Microsoft, Open AI and Nvidia over potential antitrust violations, according to The New York Times.
The types of cases that the FTC selects can act as a deterrent, she said, noting that the FTC is already seeing that happen.
Read MoreFTC Targets “Mob Bosses” in Big Tech: Lina Khan Leads Efforts
When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding up the data-gathering and research process.
MIT alumni Jacob Chanyeol Choi and Subeen Pang founded Linq after they won the Samsung Open Collaboration in 2023, an accelerator-like program hosted by Samsung Financial Network.
Choi told TechCrunch that win spurred him to build large language models (LLMs) for enterprises, particularly the financial sector.
“We knew the potential for a tool that could seamlessly integrate with a company’s data ecosystem, which led to the birth of Linq,” Choi said.
In addition to its B2B service for enterprise clients, the startup also plans to build B2C tools for AI equity research.
Read More“AI-enhanced Research Platform Linq Secures $6.6M in Funding for Simplifying Financial Analysis”
It’s something Apple is striving to answer with its own take on the category, Apple Intelligence, which was officially unveiled this week at WWDC 2024.
Apple Intelligence is a more bespoke approach to generative AI, built specifically with the company’s different operating systems at their foundation.
It’s a very Apple approach in the sense that it prioritizes a frictionless user experience above all.
The operating systems also feature a feedback mechanism into which users can report issues with the generative AI system.
This should function the same with all external models Apple partners with, including Google Gemini.
Read More“Unveiling the Strategical Decision Behind Apple’s Compact Generative AI Method”
The funding, which would go to Rocket Lab subsidiary SolAero Technologies, would help increase the company’s compound semiconductor production by 50% within the next three years.
The funding would help the company build out its Albuquerque-based facilities and create more than 100 direct manufacturing jobs, Rocket Lab said in a statement.
Rocket Lab acquired SolAero, which operates a ~115,000-square-foot manufacturing facility, in 2022 for $80 million.
The company is one of just two in the United States that specializes in the production of space-grade, radiation-resistant compound semiconductors, or space-grade solar cells.
SolAero is highly vertically integrated: In addition to the solar cells, the firm also manufactures solar panels and power modules.
Read More”
“Rocket Lab’s Space-Grade Solar Cell Production Receives $24M Boost from Biden Administration”
Not only is Apple rebranding AI to “Apple Intelligence” for its purposes, but it’s also integrating the new AI features in iOS 18 in a more practical way.
Image Credits: ApplePresented in this way, some of the new Apple Intelligence features don’t even feel like AI, they just feel like smarter tools.
If you want to make your writing more concise or summarize an email, Apple Intelligence can help.
Outside of a few features — like Genmoji, which is just silly — Apple Intelligence feels boring and practical.
Apple Intelligence will launch in beta this fall.
Read More“Why Apple’s Practical AI, Apple Intelligence, is ‘Simply Effective'”
Jordan Meyer and Mathew Dryhurst founded Spawning AI to create tools that help artists exert more control over how their works are used online.
Meyer claims that, despite the fact that it’s substantially smaller than some other generative AI training data sets out there, Source.Plus’ data set is already “high-quality” enough to train a state-of-the-art image-generating model.
Generative AI models “learn” to produce their outputs (e.g., photorealistic art) by training on a vast quantity of relevant data — images, in that case.
Image Credits: Spawning“Source.Plus isn’t just a repository for training data; it’s an enrichment platform with tools to support the training pipeline,” he continued.
And, Meyer says, Spawning might build its own generative AI models using data from the Source.Plus datasets.
Read MoreCreating Constantly Improving Datasets for Ethical AI Training: A Focus on Spawning’s Goals
Patrick Morrisey, VP of corporate communications at GM, told TechCrunch that the reduction in spending is still in effect, despite today’s capital infusion.
In total, Cruise has already raised over $15 billion, per Crunchbase data.
In October, a Cruise robotaxi ran over and dragged a pedestrian 20 feet in San Francisco.
The pedestrian had initially been hit by a human-driven car and landed in the path of a Cruise robotaxi.
In other states where AV companies don’t need to acquire permits, Cruise is already making a comeback.
Read More“Reviving Robotaxis: GM Grants $850M to Cruise for Houston Relaunch”
You could open up the TikTok app and snap a picture of it to find similar items available for purchase on TikTok Shop.
The ability to use image search for shopping is something that Google has offered for years with Google Lens, its visual search tool.
TikTok recently revealed that TikTok Shop now has more than 15 million sellers worldwide, including over 500,000 in the U.S.
It spent more than $400 million on platform safety and created a team of more than 7,500 people to help keep TikTok Shop safe.
TikTok has been betting big on e-commerce, as it sees TikTok Shop as its next big potential revenue source.
Read MoreQuietly Unveiled: TikTok Shop Now Boasts Image Search, Taking On Google’s Dominance
