AI🌈Tuesday Update: Funding for Tembo, SD3 License Revamp, Life Extension Insights, and AI Recipe Saves

In today's dynamic world of artificial intelligence and technology, every Tuesday brings a fresh wave of innovations and developments. From groundbreaking funding announcements propelling database solutions forward to pivotal updates in AI licensing, the landscape is buzzing with change. Not to be outdone, visionaries like Sam Altman and Arianna Huffington are paving the way for AI to extend human life, while innovative apps like Pestle are revolutionizing how we save and organize recipes using advanced AI. Join us as we delve into today's AI roundup, where every update promises to shape the future of technology and human experience alike.

1. Tembo seizes database growth, secures funds for expansion

Tembo, fueled by a $14M funding round led by GreatPoint Ventures, is poised to revolutionize database management. The startup offers a versatile platform for deploying Postgres databases across cloud and local environments. Founded by Ry Walker, Tembo aims to simplify AI workflows and enhance efficiency by consolidating data pipelines. With a focus on managed services and self-hosted options, Tembo addresses the burgeoning demand for effective data management solutions. The company's Machine Learning Stack further supports developers in building and deploying AI models, positioning Tembo at the forefront of optimizing enterprise data operations while preparing for substantial market growth ahead.

Tembo capitalizes on the database boom and lands new cash to expand | TechCrunch

Tembo, a database startup, has raised a new tranche of capital as it looks to expand the reach of its products and services.

TechCrunchKyle Wiggers

2. Stable Diffusion 3 License revamped amid backlash, promising improvements

Stability AI has responded to controversy over its SD3 model by releasing a revised license. The updated terms allow free usage of SD3 for research, non-commercial, and limited commercial purposes for entities with annual revenues under $1 million. However, concerns linger among critics, such as Invoke AI's Kent Keirsey, who question the clarity around IP ownership and termination clauses. Despite efforts to address community feedback, including promises to enhance the model and remove output deletion requirements, Stability AI's updated license continues to face scrutiny for not fully resolving underlying issues seen as critical to broader adoption and trust within the AI community.

Stable Diffusion 3 License Revamped Amid Blowback, Promising Better Model - Decrypt

Stability AI released a more permissive license for Stable Diffusion 3 amid recent controversy, but does it go far enough?

DecryptJose Antonio Lanz

3. OpenAI’s Sam Altman and Thrive Global’s Arianna Huffington promote a ‘miracle drug’ for longevity

OpenAI and Thrive Global aim to revolutionize healthcare with AI-driven solutions, focusing on chronic condition management and behavior change through personalized health recommendations. Led by DeCarlos Love, Thrive AI Health promises to democratize health improvements using biometrics and lifestyle data, supported by robust privacy measures. Despite potential data concerns, partnerships with academic institutions and investments from Alice L. Walton Foundation position the platform for widespread adoption. With an emphasis on health equity and scalable interventions, Thrive AI Health seeks to redefine healthcare infrastructure, integrating AI as a pivotal tool in everyday health management.

OpenAI’s Sam Altman and Thrive Global’s Arianna Huffington want to share the ‘miracle drug’ to extend human life

The duo are teaming up to find technological solutions for the 130 million Americans diagnosed with at least one chronic condition.

FortuneAlexa Mikhail

4. Pestle’s app now saves recipes from Reels using on-device AI

Pestle app introduces a new feature allowing users to save recipes from Instagram Reels instantly using on-device AI. Developer Will Bishop designed this innovation to streamline recipe collection without relying on external AI services like OpenAI's ChatGPT, ensuring faster processing and enhanced privacy. Users can now organize and access recipes swiftly, complementing Pestle's existing capabilities in meal planning, shopping lists, and hands-free cooking via Apple's SharePlay. Available as a free download on iOS, with additional features for subscribers, Pestle continues to innovate in simplifying culinary experiences directly from social media platforms.

Pestle’s app can now save recipes from Reels using on-device AI - Simbaforkids

Recipe app and cooking assistant Pestle is turning to AI to make it easy to save recipes from social media — and it’s not using OpenAI’s ChatGPT technology to

simbaforkidsbisto

As we conclude this AI roundup, it's clear that each story today marks a significant stride forward in technology and innovation. From Tembo's ambitious expansion plans to the ethical considerations of AI licensing updates, and the transformative potential of AI in healthcare and daily life, the future is indeed promising. With tools like Pestle enhancing our culinary experiences through AI-driven convenience, and visionaries exploring ways to enhance human longevity, the stage is set for continued evolution. Stay tuned as we continue to explore and embrace the ever-changing landscape of artificial intelligence, where each breakthrough brings us closer to a more connected and empowered future.

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