OpenAI Startup Fund has quietly secured $15 million in its latest funding round without any fanfare. This Startup Fund is associated with OpenAI but operates independently from the company. As the name says, it focuses on providing funds to early-stage […] Source: aibeat.co Read Full Story

Apple may be looking to build on-device AI for iPhones, but this does not mean it is forgoing cloud-based AI. The Cupertino giant is still in talks with Google and OpenAI for licensing generative AI, as per a new report […] Source: aibeat.co Read Full Story

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