PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5B in savings as it cuts jobs and works to modernize its tech stack.
Meta has launched Muse Image, a free AI image generator from its Superintelligence Labs, available via the Meta AI app, Instagram Stories, and WhatsApp. It offers preset prompts, custom ad creation, interior design visualization for Facebook Marketplace, and prompt-based editing.
Meta launched Muse Image, an AI image generator available on Meta AI, Instagram Stories, and WhatsApp. A controversial feature allows users to edit public Instagram profiles' images without explicit consent, raising privacy alarms.
Decagon CEO Jesse Zhang proposes open source and frontier AI models are not rivals but part of a lifecycle. Mature use cases shift to cheaper open source, while expensive frontier models drive new discoveries, maintaining overall spend.
Microsoft is reportedly reducing reliance on OpenAI and Anthropic AI models for Office apps like Excel and Word, opting instead for its own in-house MAI models to cut costs. This move aligns with a broader industry trend of tech companies curbing AI spending.
Discord's AI moderation system mistakenly banned over 8,000 users in two months due to a bug that flagged harmless images like spreadsheets and game textures as harmful. The company is restoring affected accounts and working on better safeguards.
Google's Made By Google event is set for August 12 in NYC, where new Pixel phones and watches are expected. Rumors suggest increased prices due to AI component shortages, with base storage potentially rising to 256GB.
