Elon Musk’s xAI Raises $6 Billion to Compete in AI Race

Elon Musk’s artificial intelligence company, xAI, has secured a massive $6 billion in Series B funding, valuing the startup at $24 billion post-investment. This capital injection positions xAI to go head-to-head with industry giants like Microsoft and Google in the race to develop cutting-edge AI technologies. The funding round attracted high-profile investors, including venture capital…

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Adobe Photoshop’s latest beta update, which introduces AI-generated images from simple text prompts.

This feature, called “Generate Image,” aims to make Photoshop more accessible by reducing the learning curve for new users. Additionally, the update enhances the existing “Generative Fill” feature, allowing users to seamlessly add AI-generated elements to images. These advancements are powered by Adobe’s Firefly Image 3 AI model, designed to produce higher quality and more…

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OpenAI announces GPT-4o, a new AI model capable of processing and generating text, audio, and visual data in real-time.

GPT-4o enhances the previous GPT-4 Turbo with faster response times, improved multilingual capabilities, and better understanding of audio and visual inputs. This model aims to facilitate more natural human-computer interactions by integrating multiple modalities into a single neural network. Safety and usability have been prioritized, with extensive testing and safeguards implemented. GPT-4o is set to…

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