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Generative AI

Shutterstock expands partnership with OpenAI

Shutterstock has inked an expanded six-year agreement with OpenAI. Through this new agreement, the company will be providing training data for OpenAI models.

Runway raises $141M

New York City-based applied AI research company Runway has raised a $141 million Series C extension round.

Inflection AI raises $1.3B

Inflection AI has raised $1.3 billion from Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor Nvidia.

Amazon Web Services announces new Generative AI innovation center

Amazon is opening an AWS Generative AI innovation center, a new program to help customers successfully build and deploy generative artificial intelligence (AI) solutions.

Databricks to acquire generative AI platform MosaicML for $1.3B

Databricks has entered into a definitive agreement to acquire generative AI platform-provider MosaicML for $1.3 billion.