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OpenAI completed its for-profit restructuring — and struck a new deal with Microsoft

OpenAI’s controversial for-profit restructuring is finally complete, along with a new deal with Microsoft. The company’s for-profit arm is now a public benefit corporation, dubbed OpenAI Group PBC. The nonprofit is now called the OpenAI Foundation and “holds equity in the for-profit currently valued at approximately $130 billion” — it will begin with a $25 […]

Policy, Report, Tech, Tech News

The government shutdown is delaying new gadgets

Tech products that are packaged and ready for sale aren’t launching in the US as planned right now, thanks to the government shutdown. Earlier this month, Leica delayed its M EV1 camera due to holdups on approval from the partially shuttered Federal Communications Commission (FCC). The WiiM Sound audiophile speaker, currently shipping in international markets, […]

Law, News, Policy, Politics, Tech, Tech News

Democrats slam FCC’s decision to ‘gut’ prison phone call price caps

Senate Democrats are urging the Federal Communications Commission to enforce a rule that would lower the price of prison phone and video calls. In a letter led by Senator Tammy Duckworth (D-IL), several Democrats, including Sens. Maria Cantwell (D-WA), Chuck Schumer (D-NY), Amy Klobuchar (D-MN), and Elizabeth Warren (D-MA), among others, criticize FCC Chair Brendan […]

Adobe, AI, Creators, News, Tech, Tech News

Photoshop and Premiere Pro’s new AI tools can instantly edit more of your work

Adobe has kicked off its annual Max event, giving us a first look at new and upcoming generative AI tools launching for the company’s Photoshop, Premiere Pro, and Lightroom Creative Cloud apps. These include updates to Photoshop’s Generative Fill feature that aim to give creators more control over adding, removing or modifying content, and tools […]

Adobe, AI, Creators, News, Tech, Tech News

Adobe’s new AI audio tools can add soundtracks and voice-overs to videos

Adobe is giving filmmakers new generative AI audio tools that can quickly add thematically appropriate backing tracks and narration to videos. Generate Soundtrack and Generate Speech are being introduced to a redesigned Adobe Firefly AI app, while Adobe is also developing a new web-based video production tool that combines multiple AI features with a simple […]

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