- Chinese tech giant ByteDance has established a new division, named Flow, which will focus on artificial intelligence applications.[1]
- European tech is starting to bounce back — and AI is turbocharging the recovery. The continent is now home to more highly skilled professionals in the field than the US, according to new research by Atomico, a VC firm headquartered in the UK.[2]
- Pika, which is building AI tools to generate and edit videos, raises $55M.[3]
- OpenAI has hired Google’s Richard Ho as the head of hardware to lead the new division to help “influence roadmaps for hardware partners for data center networks, racks, and buildings.”[4]
Sources:
[1] https://www.yicaiglobal.com/news/chinas-bytedance-sets-up-new-division-focusing-on-ai-applications
[2] https://thenextweb.com/news/european-ai-supporting-tech-sector-recovery
[3] https://finance.yahoo.com/news/pika-labs-building-ai-tools-133710041.html
[4] https://baxtel.com/news/openai-hires-google-s-richard-ho-to-head-new-hardware-department
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