Squarespace launches new AI-powered website builder

Today’s Highlights:

📰 News: Squarespace launches new AI-powered website builder

💰 Funding: KoBold Metals raises $490M+ for AI-powered mining

⚡️ Top News Stories:

1. Squarespace introduces its new AI-powered website builder, Design Intelligence, to enhance website creation with generative AI tools.

• Rather than just using AI models, Squarespace emphasizes careful curation of AI-generated content to maintain high design standards.

• Users can easily customize AI-generated designs, ensuring websites feel bespoke and tailored to their needs.

• Squarespace leverages AI models from Google, OpenAI, and Anthropic to power their tools.

• Here is comprehensive breakdown of all the new AI features:

2. OpenAI publishes a case study on Altera, a startup using GPT-4o to create AI agents called "digital humans", enabling more lifelike interactions.

• Altera’s AI agents mimic human cognitive functions and emotions, allowing them to collaborate effectively and simulate complex behaviors.

• Altera’s AI agents can autonomously play Minecraft for up to 4 hours, outperforming rivals significantly

• Altera plans to scale AI-human interactions into virtual environments and multi-agent worlds for diverse applications.

3. Hugging Face launches OpenAI-Gradio, a Python package enabling developers to build AI-powered web apps with minimal code.

• The package combines OpenAI’s API with Gradio, allowing developers to quickly integrate GPT-4-turbo into web apps using just a few lines of code.

• Developers can easily modify input, output, and interface components for various applications, from chatbots to data analysis tools.

4. Apple plans to release Apple Intelligence as part of iOS 18.1 on October 28, with a delayed rollout to ensure bug fixes and server readiness.

5. Cohere has updated the Command R model for fine-tuning, offering more customization and improved control over model behavior, while also integrating with Weights & Biases for better tracking.

6. BlackForestLabs launches FLUX1.1 [pro], a faster, high-performance image generation model, and the new BFL API for scalable developer integration.

💰 Top Funding News:

1. KoBold Metals, which utilizes AI to analyze vast amounts of geological data, improving the success rate of discovering critical mineral deposits like copper, lithium, nickel, and cobalt, raised $491M of a targeted $527M round. 

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