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Good morning. CFOs are increasingly responsible for aligning AI investments with business goals, measuring ROI, and ensuring ethical adoption. But is responsible AI an overlooked value creator? Scott Zoldi, chief analytics officer at FICO and author of more than 35 patents in responsible AI methods, found that many customers he’s spoken to lacked a clear … Read more
Terrifying new fronts have emerged in a highly successful employment- fraud scheme in which trained North Korean operatives get jobs at companies around the globe under fake or stolen identities. The number of companies that hired North Korean software developers grew a staggering 220% during the past 12 months—and most of their success is due … Read more
Companies developing video AI models and tools often talk about working with Hollywood studios to make certain workflows possible. On Thursday, Netflix said that it has started using AI in movies and shows it produces. Speaking at the company’s post-results conference call, the company’s co-CEO, Ted Sarandos, said that the platform had “the very first … Read more
A new report estimates that AI will be a larger-than-ever part of the online shopping process during Amazon’s Prime Day sale, which began Tuesday morning. Amazon’s annual sale, which this year spans four days (July 8-11), is predicted to drive $23.8 billion in online spending across U.S. e-commerce retailers, as other businesses run their own … Read more
More invites to Amazon’s upgraded digital assistant, Alexa+, powered by generative AI, have been steadily rolling out. The service, first announced in February, now reaches over a million users, Amazon confirmed to TechCrunch on Monday. However, Alexa+ is not yet publicly available. Instead, Amazon has been working through its waitlist, sending out invites to those … Read more
In this TechCrunch Sessions: AI event, Oracle shares a rundown of how MySQL HeatWave empowers you in building AI-based solutions in areas such as personal productivity, automating workflows for compliance, service, or support, and increasing efficiencies in healthcare, among others. By leveraging HeatWave’s built-in vector store, in-database LLMs, in-database machine learning capabilities, and massively parallel … Read more
Organizations are complex systems composed of people who come and go, much like biological organisms are made up of individual cells that die and regenerate. But unlike biological systems, where each cell carries the organism’s full genetic code, institutional knowledge in organizations is fragmented: No single individual has the complete picture. For this reason, organizations … Read more
Overwhelmed with trying to keep up with the different AI models you can use to make content? A startup called Krea is looking to solve this problem specifically for designers and other visual creatives, and it has now raised $83 million for its platform, which it believes will make working with generative AI a lot … Read more
Companies running Gen AI need to ensure they’re using it safely. Read More
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