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AI design startup shuns Stable Diffusion for own foundation model

An AI design startup/generator will swerve the likes of Stable Diffusion after raising $12mn (€11mn) to build its own foundation model. Recraft is billed as the first-ever AI tool for generating and editing vector art, icons, 3D images, and illustrations within a brand’s style guide.  By leveraging generative AI, the product creates layouts, fonts, colours, and illustrations. In the eight months since launch, Recraft claims to have attracted over 300,000 users. As a product for professional…

Ed Husic shuns EU path for AI, unveils Labor’s vision

According to the latest available data, ChatGPT has about 180 million users globally. Surveys have shown that only one-third of Australians agree Australia has adequate guardrails to make the design, development and deployment of AI safe.Kate Pounder is the CEO of the Tech Council of Australia.Credit: Paul Harris“These big players are trying to work co-operatively because they don’t want to be necessarily seen as antagonistic, it’s not in their business interest to be seen working against the interests of consumers long…

These 6 Club stocks look reasonably priced as Wall Street shuns high flyers

We're growing increasingly worried about some richly valued companies in our portfolio, including the likes of Nvidia (NVDA) and Microsoft (MSFT). Expensive stocks remain out of favor on Wall Street — just as they had been for much of last year — and there could be more room for them to fall as recession fears mount. Other stocks in Jim Cramer's Charitable Trust , the portfolio we use for the Club, do not carry the same level of valuation risk. We wanted to call attention to some of those lower-multiple stocks that we…

KuCoin Shuns Off Rumors on wLuna Holding! What is the Exchange Scared Of?

KuCoin needed to clear rumors for the welfare of crypto investors amidst the volatile market Rumours are spreading across the crypto market that a popular crypto exchange, KuCoin, is holding large quantities of Wrapped LUNA cryptocurrency or wLuna. The rumor also included that the crypto exchange had not offered any withdrawal or deposit services for tokens of wLuna to crypto investors in the highly volatile cryptocurrency market. Meanwhile, the CEO of KuCoin, Johnny Lyu, has declined the ongoing rumour and…

Reduced to tribes: U.S. author on cancel culture and why he shuns Black and white as racial categories

Breadcrumb Trail Links World News Culture Books To his detractors on the left Thomas Chatterton Williams is an 'anti-woke' crusader; to others on the right he is an 'enabler' of the kind of illiberalism he denounces Author of the article: Financial Times Jemima Kelly Publishing date: Oct 02, 2021  •  October 2, 2021  •  10 minute read  •  43 Comments U.S. author Thomas Chatterton Williams: “The details of what’s right or wrong don’t matter, it’s that ‘you’re not with us’.…