Google recently announced a major upgrade to the image generation capabilities of its AI development platform, Google AI Studio. This update significantly reduces the rate of safety misclassifications while significantly improving usability, providing users with a more efficient and accurate AI generation experience. Google AI Studio, a generative AI platform for developers, supports the integration of multimodal models such as text and images. This optimization of the image generation feature addresses previous issues caused by overly strict safety filters that led to misclassifications. The new version...

The Shenzhen Municipal Bureau of Industry and Information Technology has officially released the "Operational Guidelines for the AI Pioneer City Project Support Plan." This plan aims to promote the high-quality development of Shenzhen's AI industry. It will focus on computing power support, foundational data, AI software and services, and includes multiple support programs to boost the AI ecosystem. Image Source Note: Image generated by AI, image authorization service provider Midjourney. Of particular interest is the "Model Vouchers" program, which supports enterprises based on those registered with the Cyberspace Administration of China.

At Adobe Summit 2024 in Las Vegas, Adobe unveiled Project Slide Wow, an experimental project generating significant buzz among data analysts and marketers. This generative AI-powered tool aims to transform raw customer data into compelling PowerPoint presentations, offering a magical solution for PPT creation. Data is automatically transformed into visually engaging presentations.

Nvidia, the leading AI chipmaker, has reportedly acquired San Diego-based startup Gretel, a company specializing in a platform for generating synthetic AI training data. Wired reports the acquisition was a nine-figure deal, exceeding Gretel's recent $320 million valuation, though specific terms remain undisclosed. Founded in 2019 by Alex Watson and Laszl...

At Adobe's 2024 MAX Creativity Conference in Las Vegas, Adobe unveiled Project Slide Wow, a groundbreaking generative AI tool designed to revolutionize PowerPoint presentation creation. Users can effortlessly generate compelling presentations directly from raw customer data. Showcased as part of the highly anticipated Adobe Sneaks program, Project Slide Wow promises a seamless and efficient way to produce professional-quality presentations without any coding knowledge.

Beijing has registered 34 new generative AI services, with notable entries such as Xiaomi's AI search and Monica.

Insilico Medicine, a biopharmaceutical company focused on generative artificial intelligence, today announced the successful completion of a $110 million Series E financing round. The round was led by a private equity fund under Value Partners Group (HKG:0806), Pudong New Area Investment, Shanghai Pudong Development Bank Group, Xicheng Capital, and Yixing Guokong. Several new investors focused on the industry and technology sectors also participated, alongside continued support from existing investors.

AI startup Luma recently announced on X that it has open-sourced a new image model pretraining technique called Inductive Moment Matching (IMM). This breakthrough technology has garnered significant attention for its efficiency and stability, considered a major advancement in the generative AI field. According to X user linqi_zhou, IMM is a novel generative paradigm capable of stable training from scratch with a single model and single objective, surpassing existing methods in both sampling efficiency and sample quality.

Before the generative AI boom, Moveworks was already leveraging next-generation language models to solve technical challenges in customer service. Recently, ServiceNow, a leading service management software giant, announced its acquisition of Moveworks for $2.85 billion, sparking widespread industry attention. Image Note: Image generated by AI, image licensing service provider Midjourney. Moveworks was founded in 2016 by Bhavin Shah and Vaibh...

Social media giant Meta is facing unprecedented AI infrastructure costs, with projected AI-related spending soaring to a staggering $65 billion, potentially contributing to a total annual expenditure of $119 billion! Faced with this astronomical bill, the tech giant has decided to develop its own AI chips, and has already made significant progress. Recent reports indicate that Meta is about to begin a small-scale deployment of its custom chips, signaling a gradual move away from Nvidia and its reliance on their GPUs.

According to a recent report by Market.us, generative AI is experiencing rapid expansion in the trading market. The market size is projected to grow from $245.3 million in 2024 to $2.3587 billion in 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 25.4%. This growth is primarily driven by the adoption of AI-driven trading strategies and advanced analytics. Image Note: Image generated by AI, image licensing provider Midjourney. In 2024, North America dominated the market.

Tianyancha App shows that Beijing Silicon-based Liquid Technology Co., Ltd. recently underwent a major business change. In this change, Beijing Zhipu AI Technology Co., Ltd. withdrew from the shareholder ranks, while four new investors were added: Meituan's Tianjin SanKuai Technology Co., Ltd., Beijing Xinglian Dingsen Equity Investment Fund Partnership (Limited Partnership), Nanjing LvYong Jinhao Equity Investment Management Partnership (Limited Partnership), and SME Development Fund PwC (Hangzhou) Venture Capital Partnership (Limited Partnership). After this round of financing, the registered capital of Silicon-based Liquid increased from approximately RMB 13.758 million...

Nvidia and the state of Utah recently announced a strategic partnership to launch a comprehensive AI education initiative aimed at upskilling the state's workforce and boosting economic growth. This public-private collaboration will provide key resources for developing generative AI skills to Utah's universities, community colleges, and adult education programs. A core component of the initiative will provide educators with professional certifications through the Nvidia Deep Learning Institute University Ambassador Program, access to high-quality teaching kits, workshop materials, and cloud-based Nvidia GPUs.

Speaking at Mobile World Congress in Barcelona, Vishal Sharma, Amazon's VP of Artificial Intelligence General Purpose Technologies, said that artificial intelligence (AI) has permeated every area of Amazon's business, with almost no part escaping its influence. He stated that Amazon is deploying AI through its own foundational models in multiple applications, including its cloud computing service AWS, warehouse robotics, and consumer product Alexa. Image caption: Image generated by AI, Image licensing provider Mi

AI is rapidly becoming an essential tool in today's creative industries. Many tools allow users to generate stories, images, or short films with just a few words. However, Flora's founder and CEO, Weber Wong, points out that existing AI tools are mostly "designed by non-creatives for non-creatives," failing to truly meet the needs of professional creatives. Flora recently launched officially, releasing a manifesto emphasizing AI creative tools.