Tech billionaire Elon Musk seeks $4 BILLION to compete with OpenAI; the AI start-up he left and sued (emphasis on SUED).
Elon Musk’s AI startup, X.AI Corp., is aiming to secure massive investments in a deal that could value the company at $18 billion.
Confidential materials distributed to potential investors reveal that xAI is considering a funding round of $3 billion to $4 billion. The pitch deck highlights Musk’s track record at Tesla and SpaceX, and emphasizes xAI’s advantage of accessing high-quality data from Musk’s social network X. xAI intends to compete with well-funded businesses like OpenAI in developing large language models for AI chatbots.
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Ansys releases AI-powered virtual assistant AnsysGPT
Ansys, a leading engineering simulation software company, has launched AnsysGPT, an AI-powered virtual assistant built using ChatGPT technology to provide rapid, 24/7 customer support.
- AnsysGPT combines the expertise of Ansys engineers with AI to deliver a general-use tool that can answer complex engineering questions within seconds through a secure, easy-to-use interface.
- The updated release includes an expanded knowledge base capturing information from product documentation, FAQs, technical marketing materials, and public Ansys Learning Forum discussions.
- Enhanced infrastructure in AnsysGPT offers improved security, scalability, response accuracy, performance, and data compliance to accommodate thousands of users and provide accurate answers to their engineering queries.
DuckDuckGo launches a new subscription to bundle VPN and identity theft protection
Privacy-focused tech company DuckDuckGo introduces a comprehensive $9.99/month subscription service called Privacy Pro, currently available only in the U.S.
- The Privacy Pro plan includes a VPN service that uses the WireGuard protocol to protect user identity and prevent ISP snooping.
- DuckDuckGo’s personal information removal service scans data broker sites to find and remove user details like name and address.
- Identity theft restoration is part of the package, providing users with an advisor to help recover identity-related losses, fix credit reports, and replace important documents.
TikTok may add AI avatars that can make ads
TikTok is reportedly developing virtual AI influencers that can promote and sell products, potentially competing with human creators on the platform.
- The AI avatars will be able to read ad scripts generated by advertisers or sellers on TikTok Shop, though the feature is not live yet and details may change.
- It remains unclear how TikTok will manage sponsorship revenue sharing between virtual and human influencers to avoid taking brand deals away from creators who rely on them for income.
- TikTok has previously experimented with AI features like a Song Generator using large language models and has labeled AI-generated filters and effects.
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