Hello WIRED subscribers! Thank you to everyone who attended our most recent AI Unlocked webinar. I really enjoyed our lively discussion about ChatGPT's software features and wish I could have answered even more of your questions about using generative AI tools. I really enjoyed the questions about what ChatGPT can do beyond just chatting. Image search is a feature I use often, and here are my first impressions of the tool that I recorded back in September 2023 when it first dropped. I use ChatGPT's image search tool nowadays by snapping a picture with my phone when I don't recognize something. I'll upload the screenshot and ask the chatbot what it is. For example, I was recently at an Irish bar and learned what a hurley was when I saw one hanging on the wall and was perplexed. (Although, I also could have just asked the friendly bartenders when I got another coffee drink.) Temporary chats keep things slightly more private. For example, the log of the conversation will not appear on the left side of your screen when it's over like it normally does. Temporary chats are not protected enough that you should feel comfortable sharing private information'definitely still don't do that'but this is a nice option for chats you don't necessarily need or want saved for your own use later....
Poor data quality undermines good decision-making and dooms many AI initiatives. However, many organizations are operating in unmanaged data mode or organized cleanup mode, with low-quality data. Companies that make the move to proactive prevention mode, in which data errors are prevented at the source, benefit from better business decisions and more trustworthy analytics. Learn how to help your organization make the leap, as executives at meal-kit company HelloFresh did. When it comes to dealing with data quality, teams and companies fall into one of three modes: unmanaged, organized cleanup, or proactive prevention. Most organizations get stuck in one of the first two. The work of addressing data issues is demanding, messy, and time-consuming. Poor-quality data can cripple decision-making and doom generative AI projects, since bad data fed to AI models turns into untrustworthy results. The real data quality breakthrough happens when companies transition to the third mode, where errors are prevented at the source. But this shift requires a major change in mindset, in which every employee recognizes that they are both a data creator and a data customer and starts acting like it....
Recraft, the startup behind a mysterious image model that beat OpenAI's DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch. Other investors in the round include Khosla Ventures and Madrona. Based in San Francisco, Recraft previously raised a $12 million Series A led by Khosla in 2024. The San Francisco-based startup says it recently passed $5 million in ARR and 4 million users. The startup caught industry attention when its model, codenamed 'red_panda,' topped the Artificial Analysis benchmark last year. This was actually Recraft's V3, which earned its name because early users kept generating images of the cute mammal, Recraft's founder and CEO Anna Veronika Dorogush told TechCrunch. Recraft says it builds its own models from scratch and competes with other image generators like Midjourney, Adobe Firefly, Stable Diffusion and Black Forest Labs, Dorogush said. But Recraft's AI particularly excels at generating images for brands. That means allowing them to place logos exactly where needed without extra editing, or easily generating new marketing materials like brochures and posters that comply with existing branding guidelines....
' Hey, Linas here! Welcome to another special issue of my daily newsletter. Each day, I focus on 3 stories that are making a difference in the financial technology space. Coupled with things worth watching & the most important money movements, it's the only newsletter you need for all things when Finance meets Tech. If you're reading this for the first time, it's a brilliant opportunity to join a community of 330k+ FinTech leaders: In today's market, you're either compounding profits with AI or watching your multiple compress. I waded through 2,000+ pages of board'level intel and picked the 16 documents that actually move P&Ls - no fluff, just frameworks you can plug in before your rivals even smell them....