Fal.ai, which hosts media-generating AI models, raises $23M from a16z and others

Fal.ai, which hosts media-generating AI models, raises $23M from a16z and others

Fal.ai, a dev-focused platform for AI-generated audio, video, and images, today revealed that it’s raised $23 million in funding from investors including Andreessen Horowitz (a16z), Black Forest Labs co-founder Robin Rombach, and Perplexity CEO Aravind Srinivas. It’s a two-round deal: $14 million of Fal’s total came from a Series A tranche led by Kindred Ventures…

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Barchart and SIGMA Forge Alliance for Trading Insights with AI-Powered Data

Barchart and SIGMA Forge Alliance for Trading Insights with AI-Powered Data

Market data and technology solutions provider Barchart has partnered with SIGMA Financial AI to offer traders and investors insights and tools to navigate the financial landscape. According to the official statement, this collaboration will merge Barchart’s market data with SIGMA’s AI technology. By integrating SIGMA’s AI-driven analytics with Barchart’s data resources…

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Drone swarms edge closer to battle after successful tests in Germany

Drone swarms edge closer to battle after successful tests in Germany

A German drone firm claims to have made a “major breakthrough” in autonomous swarm technology. Munich-based Quantum Systems announced on Tuesday that it has successfully flown AI-controlled Unmanned Aerial Systems (UAS) in swarms. The company said the AI ensured “reliable mission execution” — even when individual drones completely failed…

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DeepL launches ‘industry-first’ AI glossary generator for business translations

DeepL launches ‘industry-first’ AI glossary generator for business translations

Since its founding in 2017, DeepL has been raising machine translation standards, successfully rivalling giants such as Google Translate. Today, the startup unveiled an ‘industry-first’ AI-powered glossary generator for businesses. The new tool works as a supplement of DeepL’s Glossary feature, first launched in 2020. Glossary enables professionals and companies to personalise translations based on

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NEC Orchestrating Future Fund invests in Sakana AI to promote development of generative AI

NEC Orchestrating Future Fund invests in Sakana AI to promote development of generative AI

TOKYO, Sep 18, 2024 – (JCN Newswire) – NEC Orchestrating Future Fund (NOFF), an ecosystem-based corporate venture capital (CVC) fund, has made an investment in Sakana AI, a Japan-based company that gathers technical talent from around the world to conduct research and development of generative AI.While the use of AI is essential to improve the

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Newsom signs bills to protect actors, performers from AI

Newsom signs bills to protect actors, performers from AI

California Gov. Gavin Newsom signed two bills on Tuesday that aim to protect actors and performers from having their names, images and likenesses copied by artificial intelligence without authorization. “We’re making sure that no one turns over their name, image and likeness to unscrupulous people without representation or union advocacy,” Newsom said in a video…

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