Web browser Mozilla is investing $30 million into launching a startup, called Mozilla.ai, focused on building a "trustworthy, independent, and open-source AI ecosystem."
The company wrote in a blog post about the investment: "This new wave of AI has generated excitement, but also significant apprehension. We aren’t just wondering What’s possible? and How can people benefit? We’re also wondering What could go wrong? and How can we address it? Two decades of social media, smartphones and their consequences have made us leery."
Mozilla said it still sees the potential of AI to enrich peoples' lives, but it doesn't see those positive effects coming from "big tech and cloud companies with the most power and influence."
The company pitched Mozilla.ai as a "counterweight to the status quo" that will make "generative AI safer and more transparent." Moez Draief, who researched AI at Imperial College and LSE, will lead the initiative.
Hollywood’s video game performers are going on strike, throwing part of the entertainment industry into another work stoppage.
Some of the smallest stocks on Wall Street have shown much more life recently. but professional investors still aren’t convinced.
Global shares have dropped as pessimism set in over Wall Street's nose-dive related to Big Tech's pullback.
Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine.
Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video to air NBA games.
U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify over the global tech outage.
U.S. stocks are ticking higher and clawing back some of the losses from their worst week since April. The S&P 500 ticked up 1.0% on Monday.
The Olympics’ ever-expanding quest to draw in young fans is meeting them where they are — on Roblox.
Amazon says it had its best Prime Day sales event ever this week with $14.2 billion spent online on Tuesday and Wednesday, up 11% compared to last year.
As image-generating AI continues to evolve, artists are increasingly fighting against what they see as an existential threat to their craft.
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