Elon Musk’s AI venture, xAI, is reportedly nearing the completion of a funding round that could inject $6 billion into the company. However, as per usual, Musk has denied these reports, saying that xAI is not raising any capital and […] Source: aibeat.co Read Full Story
Open-source generative AI appears to be developing rapidly, especially over the past week with several tech giants unveiling powerful AI models one after the other. French AI startup Mistral just unveiled the Mixtral 8x22B and Meta announced Llama 3 only […] Source: aibeat.co Read Full Story
Nvidia has finalized its acquisition of Run:ai, a company located in Tel Aviv that simplifies the management and enhancement of AI hardware infrastructure for developers and operational teams. Nvidia is spending $700 million for this transaction, though the cost could […] Source: aibeat.co Read Full Story
Meta has just unveiled that its Ray-Ban Meta smart glasses now feature multimodal capabilities, incorporating AI technologies that are able to understand and interact with the user’s environment. This is because Meta AI that powers these AR glasses is now […] Source: aibeat.co Read Full Story
This week seems to have no end for new AI language model launches as Adobe has just unveiled Firefly Image 3, its third upgrade to its AI image generator within a year. This news comes right after Meta launched the […] Source: aibeat.co Read Full Story
Perplexity.ai, known for its generative AI search engine, has secured $62.7 million in its latest funding round, propelling its valuation to approximately $1 billion—nearly twice its value in January 2024. Daniel Gross, the former leader of Y Combinator’s AI division, […] Source: aibeat.co Read Full Story
Meta’s former executive Jason Taylor has joined Microsoft’s AI team to “build the next set of systems that will push the frontier of AI forward.” Microsoft CTO Kevin Scott announced in a LinkedIn post on Monday that Taylor will assume […] Source: aibeat.co Read Full Story
Meta recently unveiled its latest, but not its biggest yet open-source AI model, Llama 3, which surpasses Google Gemini’s 1.5 Pro. But now Microsoft has raised the bar with its new Phi-3, which is now its smallest AI model but […] Source: aibeat.co Read Full Story
In a bipartisan effort to “protect kids from harm,” an unlikely cohort of senators introduced a bill that would restrict minors’ access to social media, as well as ban companies from using algorithms to recommend content to minors. Senators Brian Schatz (D-Hawaii), Chris Murphy (D-Conn), Katie Britt (R-Ala) and Tom Cotton (R-Ark) introduced the Protecting…
With all eyes on Taiwan and worries mounting around semiconductor supply, the U.S. CHIPS Act is timely. But it is not unique: Other countries also aspire to reduce their reliance on imported chips. Source: techcrunch.com Read Full Story