AI-powered search engine Perplexity AI, now valued at $520M, raises $70M
Dive into the latest AI frontiers with POCO AI’s Daily News Briefing. Today, we set sail on a voyage through groundbreaking news, uncovering the mysteries of AI's evolution and impact on our digital world.
Perplexity AI's Soaring Valuation: A $70M Boost to the AI Search Engine Game! 💰🚀
Perplexity AI, an AI-powered search engine, has raised $70 million in a funding round led by IVP, with participation from NEA, Databricks Ventures, Jeff Bezos, and others. The round values Perplexity at $520 million post-money. Founded in August 2022, Perplexity offers a chatbot-like interface allowing users to ask questions in natural language, and the AI responds with a summary containing source citations. Perplexity's Pro plan offers features like image generation, unlimited use of Copilot, and file uploads. The startup, which claims to have 10 million active monthly users, has raised over $100 million to date.
AI Elvis Takes Center Stage in Virtual Reality Comeback! 🕺🎤
Elvis Presley fans will have the opportunity to experience a virtual reality comeback through "Elvis Evolution," a show that employs AI, holographic projection, augmented reality, and live theatre to recreate events in Presley's life and music. Developed by Layered Reality, the immersive entertainment company, the experience will take visitors on a journey from Tupelo, Mississippi, where Presley was born, to Memphis, Tennessee, and Las Vegas. The show includes an AI performance by Elvis as its crescendo. Layered Reality obtained access to thousands of Presley's personal photos and hours of home videos through a deal with Authentic Brands Group, the owner of the Elvis Presley estate.
Intel's Gen AI Software Company: A Spinout Tailored for Enterprise Excellence! 🖥️🔄
Intel is creating a new enterprise-focused GenAI software company called Articul8 AI, backed by DigitalBridge, an asset manager and investor based in Boca Raton, Florida. The new entity originated from a proof-of-concept developed by Intel in collaboration with Boston Consulting Group (BCG). The generative AI system reads text and images, running inside BCG's data centers to meet security requirements. Initially, BCG was the sole supplier and customer, but Intel aims to scale the platform to companies in various industries requiring high security levels and specialized domain knowledge. Articul8's platform offers deployment options, including cloud, on-premises, or hybrid.
Dark Fishing Industry Exposed: Satellite Imagery Lays Bare the Immense Scale! 🛰️🎣
Satellite imagery combined with machine learning reveals the vast scale of the dark fishing industry, as reported by Global Fishing Watch. The study, published in Nature, analyzed two petabytes of orbital imagery from 2017-2021, finding that about three-fourths of all industrial fishing vessels are not publicly tracked. The dark fishing industry may be almost as large as the publicly documented one. The study also found that AIS data inaccurately represents the distribution of fishing activity, with Asia having a significantly higher percentage than previously reported. The researchers hope that improved data will guide better policies to protect marine resources.
Mozilla's Next Chapter: What Lies Ahead for the Tech Pioneer? 🦊🌐
Mozilla, historically known for its Firefox browser, is shifting its focus towards artificial intelligence (AI). The organization has been investing in startups and acquisitions in the AI space, and it recently launched Mozilla.ai, which aims to bring open source values into the AI field. The goal is to make it easier for developers and consumers to use open source large language models in a trustworthy, privacy-sensitive, and affordable way. The organization is working on creating a wrapper around open source language models, enabling easier fine-tuning, building data pipelines, and enhancing performance.
Closing Thoughts 🚢🔮
As we bid adieu to today's AI revelations, remember, that the technological sea is vast and ever-changing. Each news snippet, every breakthrough, contributes to the grand tapestry of AI's influence on our digital narrative.
Thank you for joining us on this exploration. Until the next briefing, stay curious, stay informed, and keep sailing into the future of AI with PocoAI! 🤖📰
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