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Matthias Bastian
Matthias Bastian View the LinkedIn Profile of Matthias Bastian
Jan 15, 2024
AI in practice
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Read full article about: AI-curated news app Artifact shuts down after one year

Artifact, an AI-curated personalized news app founded by Instagram's former founders, Kevin Systrom and Mike Krieger, is shutting down just one year after its launch. Systrom announced the closure on Medium, stating that while they built something a core group of users love, "the market opportunity isn’t big enough to warrant continued investment." The app originally aimed to provide a TikTok-style news feed, but expanded to include content creation, customizable profiles, and a Reddit-like voting system. Commenting and posting have been disabled, and the app will remain accessible for news browsing through the end of February. Co-founder Kevin Systrom expressed hope that technology could still find ways to "preserve, support and grow" news institutions, acknowledging the existential crises facing the news industry.

Comment Source: Medium | via Mashable
Matthias Bastian
Matthias Bastian View the LinkedIn Profile of Matthias Bastian
Jan 12, 2024
AI in practice
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Read full article about: OpenAI has brought 260 companies onto ChatGPT Enterprise

OpenAI's enterprise version of ChatGPT, ChatGPT Enterprise, has attracted 260 paying companies that collectively employ more than 150,000 registered ChatGPT users in the four months since launch, according to COO Brad Lightcap. ChatGPT Enterprise is for large enterprises only, and OpenAI says it has a long waiting list. For small and medium-sized businesses, OpenAI this week launched the "Teams" plan, which is available for as few as two people. OpenAI is also in talks with major publishers such as CNN, Fox and Time to license content - with 99 percent positive interactions, according to Lightcap. OpenAI's COO emphasizes the potential for a positive relationship between the media and technology industries, as opposed to past conflicts.

Comment Source: Bloomberg
Matthias Bastian
Matthias Bastian View the LinkedIn Profile of Matthias Bastian
Jan 10, 2024
AI in practice
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Read full article about: Ultralytics' YOLOv8.1 brings major enhancements to its popular object recognition framework

Ultralytics has released YOLOv8.1, a major update to its object recognition framework. The new version introduces Oriented Bounding Box (OBB) models, which improve accuracy and reduce background noise for angled or rotated objects in applications such as aerial imagery and text recognition. YOLOv8.1 also includes enhanced segmentation capabilities, performance optimizations, an improved model architecture, an improved API and CLI experience, and a more intuitive user interface with the Ultralytics Explorer for exploring datasets. In addition, the update adds support for multiple platforms, including PaddlePaddle, NCNN, PNNX, and TensorRT. According to Ultralytics, 19 million YOLOv8 models have been trained in 2023, with more than 20 million downloads, resulting in 1,000 inference jobs per second every day.

Oriented Bounding Boxes (OBB)
Oriented Bounding Boxes (OBB) | Bild: Ultralytics
Comment Source: Github | Ultralytics
Matthias Bastian
Matthias Bastian View the LinkedIn Profile of Matthias Bastian
Jan 10, 2024
AI in practice
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Read full article about: Luma AI raises $43 million for generative 3D AI tools, exclusively backed by a16z

Silicon Valley-based 3D AI startup Luma AI has raised $43 million in a Series B funding round exclusively backed by a16z. This follows a $20 million Series A round from investors including Amplify Partners, NVIDIA and General Catalyst. Luma AI, founded in 2021, specializes in 3D content generation and reconstruction, offering features like 3D photos and videos, image to 3D, video to 3D, and text to 3D.  The company's core technology, NeRF, enables the creation of 3D scenes from 2D images. Luma AI recently launched its text-to-3D tool, Genie, which can help you create 3D assets faster.

Comment Source: Luma AI | a16z