On February 2, in what was ostensibly supposed to be the most significant gadget launch of the year, if not the decade, the Apple Vision Pro went on sale to the public. In the run-up to the launch, there were countless think pieces on how Apple’s first new device in nearly 10 years could change the tech industry—and perhaps society. Heck, I even wrote a piece exploring whether snapping up a Vision Pro could help fund your retirement. But in the nine weeks since its launch, something...
Apple's first set of new AI features planned for iOS 18 will not rely on cloud servers at all, according to Bloomberg's Mark Gurman. "As the world awaits Apple's big AI unveiling on June 10, it looks like the initial wave of features will work entirely on device," said Gurman, in the Q&A section of his Power On newsletter today. "That means there's no cloud processing component to the company's large language model, the software that powers the new capabilities." Apple will probably...
Tech and software companies working on developing generative artificial intelligence platforms -- and really, who isn't doing that these days -- are in dire need of content to help train their AI models. Adobe is reportedly buying videos to help develop its text-to-video platform now. [Read More]
Enterprises looking for integration of AI-based automation systems in various business operations are preferring home-grown robotic solutions over global competitors, according to industry players. Those engaged in logistics, warehousing and retail chain management have been scrambling for artificial intelligence-based automated solutions at a time when the competition is intense for quick and cost-effective delivery of products and services, irrespective of order quantity and distance. ...
Elon Musk's AI startup, xAI Corp., is in discussions to raise up to $4 billion in funding, potentially valuing the company at $18 billion, leveraging Musk's track record and high-quality data from his social network, X, to train AI models. read more
Investors close to Elon Musk are in talks to help xAI raise $3 billion in a funding round that could value the startup at $18 billion, sources told the Wall Street Journal.
The move to edge AI promises to make AI more accessible, efficient and tailored to specific needs, further driving innovation.
A new startup is looking to create a standardized test for AI performance. A new startup, Vals. ai, is looking to create a standardized test for measuring artificial intelligence and large language models, intending to create a universal way of testing out AI in specific aspects, as reported by Bloomberg.
French tech startup Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter. Mistral's existing investors include Andreessen Horowitz, Lightspeed Ventures and Microsoft Corp, which has also backed AI startup OpenAI. Mistral did not immediately respond...
French AI startup Mistral on Tuesday released Mixtral 8x22B, a new large language model (LLM) and its latest attempt to compete with the big boys in the AI arena. Mixtral 8x22B is expected to outperform Mistral's previous Mixtral 8x7B LLM, which itself showed signs of outshining OpenAI's GPT-3.5 and Meta's Llama 2, according to Gigazine.The new Mixtral model boasts a 65,000-token context window, which refers to the amount of text that an AI model can process and reference at one time. Further,...
Artificial intelligence startup Symbolica, which develops foundation models to compete with ChatGPT creator OpenAI, announced a $31 million series A funding round led by Khosla Ventures on Tuesday. General Catalyst, Abstract Ventures and Buckley Ventures also participated in the round, the company said. Symbolica has created a framework that will enable it to develop alternatives to the transformer deep learning architecture, said Symbolica CEO George Morgan, who formerly worked at Tesla on...
The seventh-annual report on the global state of artificial intelligence from Stanford University's Institute for Human-Centered Artificial Intelligence offers some concerning thoughts for society: the technology's spiraling costs and poor measurement of its risks. According to the report, "The AI Index 2024 Annual Report," published Monday by HAI, the cost of training large language models such as OpenAI's GPT-4 -- the so-called foundation models used to develop other programs -- is...