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🐼 $42M for Battle Bots Startup
PLUS : No More Deep Fakes?
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💸 3 stocks not to miss in April
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🎮 No more deep fakes?
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3 AI Stocks To Keep An Hawk’s Eye on in April
Investors are turning their attention back to artificial intelligence (AI) stocks as ChatGPT and other AI-powered technologies gain popularity. Microsoft, whose stock has risen more than 17% since ChatGPT's debut in November 2022, leads the way. Baidu, Alteryx, and Alphabet's recent investments in AI startups, coupled with their established positions in the market, make them top contenders in the AI hype. Baidu's Ernie bot and Alteryx's data analytics services look set to take advantage of the burgeoning demand for data. Meanwhile, Alphabet's $300 million investment in Anthropic and Google's cloud computing contract offer a strong advantage in the generative AI space. (Read More)
DataDome Raises $42M to Fight Bot Attacks with AI
Online businesses are more vulnerable than ever to bot-based attacks, with a shocking 42.3% of internet traffic in 2021 coming from bots running automated routines with malicious intent. But fear not, as companies like DataDome are leading the charge to combat this threat, using AI to analyze every request in real-time and assess its intent. This unique approach sets DataDome apart from other anti-bot companies and has attracted significant investment, with a recent Series C round bringing their total funding to $82 million. With over 300 satisfied customers across e-commerce, media, and travel industries, DataDome is proving essential in protecting online businesses from the rising tide of bot attacks. (Read More)
Midjourney Kills Free AI Image Generator Access Amid Deep Fake Outbreak
Midjourney, the popular AI image generator, has temporarily disabled its free trial version after an increase in viral deep fakes generated by its technology. Founder David Holz cited "extraordinary demand and trial abuse" for the decision. Deep fakes are realistic-looking media created by AI, altering images, videos, or audio to show real people doing or saying things they never did, and can be used to spread false information or harm reputations. (Read More)
📙The Daily AI Lexicon 📙
Predictive modeling
Data-mining technique that uses historical and current data to anticipate future outcomes. This process involves gathering data, creating a statistical model, making predictions, and verifying or adjusting the model as needed.
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— MATT GRAY (@matt_gray_)
6:01 PM • Mar 30, 2023
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