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3 ways to break out of AI ‘pilot purgatory’

CIO

The biotech company Moderna , for example, is aiming to use ChatGPT Enterprise to “automate nearly every business process” in order to “outpace its plan to roll out 15 new products within the next five years.” No one today looks back fondly on the time their organization spent in “pilot purgatory.”

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Daily Crunch: Citing ‘unscrupulous actors’ and market trends, Coinbase CEO lays off 950 workers 

TechCrunch

Chatting, but with a bot : Everyone’s ChatGPTing. Dubious ChatGPT apps are flooding the Apple App Store and Google Play Store. German-based biotech company BioNTech — one of the big manufacturers of COVID-19 vaccines, among other things — is set to acquire InstaDeep , a Tunis-born and U.K. Know how we know? Ivan has more.

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

They had ChatGPT write the script, and other gen AI tools to create a digital person who reads the script, a scalable process with at least one measurable benefit: speed. Gen AI helps scientists develop new proteins Another interesting set of use cases can be found, for the time being, in biotech.

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The 10 Biggest Rounds Of May: xAI And CoreWeave Lead Big Month For AI

Crunchbase News

xAI , $6B, artificial intelligence: Elon Musk ’s generative AI startup, xAI , officially announced its long-awaited fundraise — making it the second-most-valuable generative AI company in the world behind only competitor OpenAI. Musk’s company was announced just last July and released its ChatGPT competitor, Grok, last November.

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Tech’s latest controversy? The return of the five-day, in-person work week

TechCrunch

Artificial intelligence is having (another) moment — which means scrappy innovation is getting some deserved, if not buzzy, attention. Sam Altman, the CEO of OpenAI, helped built ChatGPT (which has been in charge of all those fun prompts and answers that you’ve been seeing all over Tech Twitter). Seen on TechCrunch.

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The 10 Biggest Rounds Of November: xAI And Anthropic Raise Billions Again

Crunchbase News

While some things tend to slow as the year winds down, artificial intelligence fundraising apparently isn’t one of them. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a round valuing it at $50 billion, The Wall Street Journal reported. Let’s take a look. billion in 2021.

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The Week’s 10 Biggest Funding Rounds: OpenAI On Top — By A Lot

Crunchbase News

OpenAI , $6.6B, artificial intelligence: OpenAI announced its long-awaited raise of $6.6 The new round makes the ChatGPT creator one of the most valuable private companies in the world and also included investment from the likes of Altimeter Capital , Fidelity , Khosla Ventures , Microsoft , Nvidia , SoftBank and Abu Dhabi-based MGX.

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