Women in AI: Sophia Velastegui believes AI is moving too fast

As a part of TechCrunch’s ongoing Women in AI series, which seeks to give AI-focused women academics and others their well-deserved (and overdue) time in the spotlight, TechCrunch interviewed Sophia Velastegui. Velastegui is a member of the National Science Foundation’s (NSF) national AI advisory committee and the former chief AI officer at Microsoft’s business software division. Velastegui didn’t…

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Brightwave’s AI agent helps asset managers find signal, and it’s fundraising fast

The finance world is constantly looking for signal: indicators of a buying or selling opportunities in the markets. Some seek out signal in pricey analyst reports, while others might find it in backdoor conversations with insiders. But sometimes, investors just need help seeing such indicators hiding in plain sight. That’s what Brightwave promises its AI…

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What margins? AI’s business model is changing fast, says Cohere founder

OpenAI and Anthropic spend billions of dollars a year training models like GPT-4 and Claude, but competitive price dumping is making the business around these platforms rather precarious. Aidan Gomez, CEO of competing AI provider Cohere, says that selling access to models is quickly becoming a “zero margin business” in a podcast appearance on Monday….

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