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Meta bets big on AI with custom chips — and a supercomputer
At a virtual event this morning, Meta lifted the curtains on its efforts to develop in-house infrastructure for AI workloads, including generative AI like the type that underpins its recently launched ad design and creation tools. It was an attempt at a projection of strength from Meta, which historically has been slow to adopt AI-friendly […]
Meta bets big on AI with custom chips — and a supercomputer by Kyle Wiggers originally published on TechCrunch
Meta built a code-generating AI model similar to Copilot
Meta says it’s created a generative AI tool for coding similar to GitHub’s Copilot. The company made the announcement at an event focused on its AI infrastructure efforts, including custom chips Meta’s building to accelerate the training of generative AI models. The coding tool, called CodeCompose, isn’t available publicly — at least not yet. But […]
Meta built a code-generating AI model similar to Copilot by Kyle Wiggers originally published on TechCrunch
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With government backing, Ireland’s Elkstone closes first VC fund at $108M for early-stage startups
Yet another early-stage VC fund has closed in Europe this week, as Elkstone finalized a €100 million ($108 million) pot aimed at Irish startups. It comes a day after Lifeline Ventures closed a €150 million ($163 million) fund for fledgling startups in Finland, while several others have landed across the continent in the past few […]
With government backing, Ireland’s Elkstone closes first VC fund at $108M for early-stage startups by Paul Sawers originally published on TechCrunch
TuSimple to lay off 30% of U.S workforce, keep China business
TuSimple, the once high-flying autonomous trucks company that went public in 2021, is restructuring and laying off about 30% of its U.S. workforce as it works to preserve cash and stay in business. The announcement early Thursday comes a week after the company disclosed that it received a delisting notice from the Nasdaq for failing to file […]
TuSimple to lay off 30% of U.S workforce, keep China business by Kirsten Korosec originally published on TechCrunch
Stability AI open sources its AI-powered design studio
Stability AI, the AI startup behind the text-to-image model Stable Diffusion, this week announced the release of StableStudio, an open source version of DreamStudio, Stability AI’s commercial AI-powered design suite. In a blog post, Stability AI writes that it hopes to “foster a project [that] can outpace anything developed by a single company,” alluding to […]
Stability AI open sources its AI-powered design studio by Kyle Wiggers originally published on TechCrunch
Coinbase launches subscription service with focus on European expansion
Coinbase is launching its subscription service, Coinbase One, in 35 countries, starting with US, UK, Germany and Ireland
Coinbase launches subscription service with focus on European expansion by Jacquelyn Melinek originally published on TechCrunch