Microsoft has launched a UK AI startup accelerator in partnership with London-based private investing platform Seedrs. The Series AI programme aims to help participating startups build and integrate AI technology. The four-week accelerator, open to startups from Seed to Series A stage, will include mentorship, resource sharing and commercialisation support. “Over the last few years, […]
This effort from Google and Nvidia could be a major game-changer for startups that have been lagging due to the high costs associated with AI technologies and other related barriers.
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 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...
Neysa, a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, has raised $20 million (about Rs 166 crore) in a funding round led by Matrix Partners India, Nexus Venture Partners and NTTVC.The company, the second venture of data centre services provider Netmagic founder Sharad Sanghi, said it will use the funds for expanding infrastructure required for strengthening its research and development team, and for sales and marketing.“When it comes to infrastructure and...
Brett Adcock, the founder and CEO of Figure, a company specializing in humanoid robots, has positioned his company to be a significant player in the robotics industry. With substantial funding, including a recent $675 million raise at a $2.6 billion valuation, Figure has attracted investment from major tech entities and entered into strategic collaborations, such […]
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London-based AI unicorn Stability has laid off about a tenth of its workforce as part of a “strategic plan to reduce” costs just weeks after the departure of its founder and CEO. The layoffs, affecting around 20 staff, were announced by Stability in a company-wide memo on Wednesday evening, first published by Business Insider. The […]
While buzzy AI startups like OpenAI and Stable Diffusion have caught marketers’ attention, many lesser-known gen AI startups have secured investments and contracts with major brands such as L'Oréal, ESPN, Pepsi, and Garnier. AI funding in the U.S. grew by 14% year-over-year in 2023, (OpenAI released ChatGPT in Nov. 2022), raising $42.5 billion across 2,500 equity rounds, per CB Insights. There is a ballooning number of gen AI startups—Dealroom counts some 1,200—which are solving problems...
Here's how to disable (or at least ignore) Meta AI on the Facebook, Instagram, Messenger, and WhatsApp apps
Nearly 11 years after it first showed off its current humanoid robot, Boston Dynamics is retiring Atlas. The DARPA-funded robot was designed with search and rescue missions in mind, with the idea that it would be able to enter areas that were unsafe for humans to carry out a range of tasks. However, Atlas became a bit of a star thanks to videos showing off its slick dance moves and impressive feats of strength, agility and balance. Fittingly, Atlas is trotting off into the sunset with one final...