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30-Second News Picks
Big Tech expands its reach with new startup acquisitions and investments - Tech Crunch
Image Credits: designer491/ Getty Images
Our 30-Second Summary:
The tech world saw significant movement this week, particularly in mergers, acquisitions, and fundraising. AI chip startup Blaize went public via SPAC, while major tech players expanded their reach through strategic acquisitions – Amazon is set to acquire Indian BNPL startup Axio for over $150 million, eBay plans to buy automotive transaction platform Caramel, and Moody's is acquiring geospatial AI firm Cape Analytics. In the startup funding arena, Colossal Biosciences secured an impressive $200 million Series C at a $10.2 billion valuation for their de-extinction projects, while AI video avatar company Synthesia raised $180 million at a $2.1 billion valuation. Notable developments also included the launch of Ndea, a new AGI research lab by François Chollet and Zapier's Mike Knoop, and Intel's announcement to spin off its venture arm, Intel Capital, as an independent fund in late 2025.🚀 Submit Your Startup to Get
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Behind the Curtain — Coming soon: Ph.D.-level super-agents - Axios
Image Credits: Sarah Grillo/Axios
Our 30-Second Summary:
Major AI companies are reportedly on the verge of announcing breakthrough developments in AI "super-agents" capable of performing complex, PhD-level tasks. OpenAI CEO Sam Altman has scheduled a closed-door briefing with U.S. government officials for January 30th, suggesting significant developments ahead. These super-agents could potentially handle multifaceted tasks like building software from scratch, conducting comprehensive financial analysis, and managing complex logistics. Industry leaders, including Meta's Mark Zuckerberg, anticipate AI systems capable of replacing mid-level software engineers by 2025. While this advancement shows promise for sectors like healthcare, science, and education, concerns persist about AI reliability and its potential impact on the workforce, particularly entry-level positions. The development coincides with important political shifts, as Congress considers an AI infrastructure bill while some MAGA figures, including Steve Bannon, warn about AI's potential negative impact on employment.🚀 Submit Your Startup to Get Featured and
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‘The Brutalist’ Sparks Backlash After Editor Reveals Use of AI in Dialogue and Buildings, but Says It’s ‘Nothing That Hasn’t Been Done Before’ - Variety
Image Credits: A24
Our 30-Second Summary:
A recent controversy has emerged around Brady Corbet's film "The Brutalist" after its editor Dávid Jancsó revealed the use of AI technology in the production. According to Jancsó, AI tools from Ukrainian company Respeecher were used to enhance the Hungarian pronunciation of stars Adrien Brody and Felicity Jones, while generative AI was also employed to create architectural drawings in the film's final sequence. Despite Jancsó's explanation that the AI usage was limited and primarily focused on perfecting difficult pronunciations while preserving the actors' performances, the revelation has sparked criticism on social media. Some critics have questioned the consistency of industry standards regarding AI use, comparing it to the disqualification of Hans Zimmer's "Dune: Part Two" score from Oscar consideration, while others have criticized the decision to use AI for accent manipulation and visual art creation. Jancsó defended the use of AI, stating it simply made existing processes more efficient and helped achieve details that budget and time constraints would have otherwise made impossible.
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