Qualcomm signed a deal with Meta Platforms to run its Llama 3 Large Language Model (LLM) on devices including VR headsets, smartphones and vehicles powered by the next Snapdragon chipsets,
AI stocks extend well beyond Nvidia. Data software players like MongoDB,
Meta Platforms CEO Mark Zuckerberg used its Q1 earnings call to outline a plan to enable AI across all its products and services, but cautioned it could take time for the move to boost its bottom line.
Vodafone Group used World Earth Day to focus on mobile device recycling, encouraging people to tackle a problem which the GSMA estimates amounts to 5 billion redundant phones.
The UK’s Competition and Markets Authority took aim at Microsoft and Amazon’s dealings with AI start-ups, inviting comment from market players to determine if recent partnerships have the potential to hurt competition in the country.
Apple could run its LLM on-device to power iOS 18's AI features, helping speed up the response time for a better user experience. (via Cult of Mac - Apple news, rumors, reviews and how-tos)
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Taiwan Semiconductor Manufacturing Company issued an optimistic revenue target for the current quarter after reporting a near double-digit rise in net profit in the opening quarter of 2024, fuelled by brisk demand for chips supporting AI applications.
Qualcomm on Wednesday forecast fiscal third-quarter sales and adjusted profit above Wall Street expectations, driven by a faster-than-expected recovery in smartphone markets thanks to artificial-intelligence features. The company has also branched out into selling chips for cars and devices such as headphones, which in the second quarter helped it beat Wall Street expectations. The company said its sales to Chinese smartphone makers have grown 40% in the first half of its fiscal year, a sign...
Apple today released several open source large language models (LLMs) that are designed to run on-device rather than through cloud servers. Called OpenELM (Open-source Efficient Language Models), the LLMs are available on the Hugging Face Hub, a community for sharing AI code. As outlined in a white paper [PDF], there are eight total OpenELM models, four of which were pre-trained using the CoreNet library, and four instruction tuned models. Apple uses a layer-wise scaling strategy that is...
Apple has acquired the Paris-based artificial intelligence startup Datakalab amid its push to deliver on-device AI tools. Datakalab specializes in algorithm compression and embedded AI systems. The acquisition, finalized on December 17 last year, was quietly conducted but noted in a European Commission filing spotted by French publication Challenges (via iPhoneSoft). While the financial details of the transaction remain undisclosed, the move is almost certainly part of Apple's broader...
Apple is developing its own large language model (LLM) that runs on-device to prioritize speed and privacy, Bloomberg's Mark Gurman reports. Writing in his "Power On" newsletter, Gurman said that Apple's LLM underpins upcoming generative AI features. "All indications" apparently suggests that it will run entirely on-device, rather than via the cloud like most existing AI services. Since they will run on-device, Apple's AI tools may be less capable in certain instances than its direct...