AI Market News: Apple's Talks With Google, xAI's Open-Source Move and More

Here's the latest news on artificial intelligence — just for you:

Apple Talking With Google About AI Models

Cupertino, California-based Apple is negotiating a possible AI-related deal with Mountain View, California-based Google, according to Bloomberg. The deal would reportedly see Google’s Gemini LLM models power some new iPhone AI features. Apple also reportedly talked about a deal with OpenAI recently.

XAI Shares Open-Source Grok

After Elon Musk teased the open-source release of xAI’s Grok LLM, the company shared its open-source version of Grok-1. The open version includes Grok-1’s base model weights and network architecture and is available under an Apache 2.0 license. The 314-billion parameter model was trained on text and not fine-tuned for an application.

US Department of Homeland Security Publishes AI ‘Roadmap’

The U.S. Department of Homeland Security released its “Artificial Intelligence Roadmap.” The document details the department’s AI plans, including testing technologies that provide “meaningful benefits to the American public and advance homeland security, while ensuring that individuals’ privacy, civil rights and civil liberties are protected.” The document features three AI pilot projects: for investigations related to detecting fentanyl and combating child sexual exploitation; developing hazard mitigation plans for communities; and improving immigration officer training.

YouTube Introduces AI Disclosure for Creators

YouTube added a feature to its Creator Studio that it says requires creators to disclose when realistic-looking content is made with “altered or synthetic media, including generative AI.” YouTube describes realistic content as “content a viewer could easily mistake for a real person, place or event.” The disclosure is intended to “strengthen transparency with viewers.”

Adobe Integrating Firefly Into Substance 3D

The San Jose, California-based digital experience company Adobe demonstrated some of its Firefly generative AI image features within its Substance 3D design workflows. Adobe believes the integration will help industrial designers, game developers and VFX professionals accelerate their iterative and creative processes, including 3D texturing and background image generation.

See more: 10 Top AI Companies Defining the Market

Firms Settle With SEC Over AI Claims

The U.S. Securities and Exchange Commission settled charges against two investment advisers, Delphia Inc. and Global Predictions Inc., for “making false and misleading statements about their purported use of artificial intelligence.” The firms agreed to pay $400,000 in total civil penalties, according to the SEC. “As today’s enforcement actions make clear to the investment industry, if you claim to use AI in your investment processes, you need to ensure that your representations are not false or misleading,” said Gurbir S. Grewal, director of the SEC’s Division of Enforcement.

Cisco Completes Acquisition of Splunk

San Jose, California-based Cisco closed its acquisition of San Francisco-based Splunk, a cybersecurity and observability platform. Cisco believes the deal will help its customers protect, manage and monitor AI. The AI offerings by Splunk, founded in 2003, include its Splunk AI Assistant and Splunk IT Service Intelligence.

Productiv Launches Sidekick

Palo Alto, California-based Productiv, a spend management platform, released Sidekick, an AI assistant. The assistant is designed to help users tap the “full power of their data” and the Productiv platform, including for spend insights and analysis. Productiv, founded in 2018, names Okta, Kayak and Loom as users.

BigID Raises $60M

New York-based BigID, a data security, compliance and privacy company using AI, closed a $60-million growth financing round. BigID, founded in 2016, will use the funds to accelerate its organic and inorganic expansion in AI data security and compliance. To date, BigID has raised $320 million in financing, giving it a valuation of over $1 billion, according to the company.

Lily AI Secures $20M

Mountain View, California-based Lily AI, a retail platform, closed its $20-million Series B-Prime financing round. Lily AI, founded in 2015, will use the funds to expand into international markets and expand its social and e-commerce integrations. The company names Macy’s, Bloomingdale’s and JCrew as users.

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