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This startup wants to train art-generating AI strictly on licensed images

TechCrunch

Generative AI, particularly text-to-image AI, is attracting as many lawsuits as it is venture dollars. Two companies behind popular AI art tools, Midjourney and Stability AI, are entangled in a legal case that alleges they infringed on the rights of millions of artists by training their tools on web-scraped images.

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VCs continue to pour dollars into generative AI

TechCrunch

The appetite for generative AIAI that turns text prompts into images, essays, poems, videos and more — is insatiable. According to a PitchBook report released this month, VCs have steadily increased their positions in generative AI, from $408 million in 2018 to $4.8 billion in 2022. billion in 2022.

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Layoffs, AI demand create mismatched talent market for IT skills

CIO

Ongoing layoffs in the tech industry and rising demand for AI skills are contributing to a growing mismatch in the IT talent market, which continues to show mixed signals as economic factors and the rise of AI impact budgets and the long-term outlook for IT skills.

Marketing 195
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10 AI strategy questions every CIO must answer

CIO

Here are 10 questions CIOs, researchers, and advisers say are worth asking and answering about your organizations AI strategies. What are we trying to accomplish, and is AI truly a fit? Business and IT leaders thought theyd be left behind if they werent adopting AI as fast as the earliest users.

Strategy 211
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Getting infrastructure right for generative AI

CIO

For generative AI, a stubborn fact is that it consumes very large quantities of compute cycles, data storage, network bandwidth, electrical power, and air conditioning. Infrastructure-intensive or not, generative AI is on the march. of the overall AI server market in 2022 to 36% in 2027.

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5 Things To Look For When Evaluating AI Startups

Crunchbase News

By Bob Ma According to a report by McKinsey , generative AI could have an economic impact of $2.6 Bob Ma of Copec Wind Ventures AI’s eye-popping potential has given rise to numerous enterprise generative AI startups focused on applying large language model technology to the enterprise context. trillion to $4.4

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10 most in-demand generative AI skills

CIO

If any technology has captured the collective imagination in 2023, it’s generative AI — and businesses are beginning to ramp up hiring for what in some cases are very nascent gen AI skills, turning at times to contract workers to fill gaps, pursue pilots, and round out in-house AI project teams.