Runway, a startup developing AI video tools, including video-generating models, has partnered with Lionsgate—the studio behind the “John Wick” and “Twilight” franchises—to train a custom video model on Lionsgate’s movie catalog. Lionsgate vice chair Michael Burns said in a statement that the studio’s “filmmakers, directors and other creative talent” will get access to the model […]
Intel moves to spin out foundry business, inks AI chip deal with AWS
Intel has announced a key customer win and changes to its foundry business as the beleaguered chipmaker looks to execute a turnaround. Intel is taking steps to transition its chip foundry division, Intel Foundry, to an independent subsidiary, Intel CEO Patrick Gelsinger said in a blog post. Intel Foundry’s leadership isn’t changing, and the subsidiary […]
Payroll startup Cercli inks $4M to build the “Rippling for the Middle East and North Africa”
While scaling and managing teams at two of the largest unicorns in the Middle East and North Africa (MENA) region, Akeed Azmi and David Reche stumbled on what they believed was a $ 2 billion opportunity. They realized that their former employers at Careem and Kitopi as well as other local businesses in the region struggled with payroll management […]
Big Ten inks deal for title sponsor of football championship game
Everything is seemingly changing this year with Big Ten football. Conferences have been reshuffled and redistributed, divisions have been eliminated, four new teams will join the fray with the additions of Oregon, UCLA, USC, and Washington, NIL continues to cook, and now this. According to a release from the Big Ten, the conference has announced […]
OpenAI inks deal to train AI on Reddit data
OpenAI has reached a deal with Reddit to use the social news site’s data for training AI models. In a blog post on OpenAI’s press relations site, the company said that the Reddit partnership will provide it access to “real-time, structured and unique content” — e.g. posts and replies — from Reddit, allowing its tools […]