Netflix used generative AI to produce a VFX scene in its Argentinian series El Eternauta,co-CEO Ted Sarandos said during the companys earnings call. The AI-assisted sequence was finished ten times faster than traditional methods and would have been too expensive to make otherwise...

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An OpenAI AI model placed second in the AtCoder Heuristics World Finals,aninternational competitionfor solving tough optimization problems. The model ran completely on its own for ten hours, competing under the same rules as human participants. After a strong start, it briefly lo...

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Meta will not sign the EU Commission's Code of Practice for General Purpose AI, citing legal uncertainty and stricter requirements than the planned EU AI law.Joel Kaplan, Metas Chief Global Affairs Officer,saidthe code could slow down AI progress in Europe and affect Europea...

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Perplexity's valuation has jumped to $18 billion, up from $14 billion just two months ago, according to the Financial Times.New investors paid the higher priceafter its latest funding round. The companys annual revenue grew from $35 million in August 2023 to $150 million.

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