AI21 Labs is planning to use the money raised for developing AI products that will compete with ChatGPT developer OpenAI and AI safety and research company Anthropic.
Chinese authorities have accelerated efforts to support companies that are aiming to develop AI.
As TinyTap looks to the future, the company is gearing up for the second phase of its AI strategy. Set for a 2024 launch, the AI “Practice Anywhere” tools are poised to transform the way children reinforce their learning outside the classroom.
OpenAI revealed that since the launch of ChatGPT nine months ago, it has been adopted by more than 80% of Fortune 500 companies.
Apollo.io has grown to a respectable B2B platform with over 3 million global customers hence its revenue up more than nine times in the past two years.
A DoorDash spokesperson has revealed that the company will continue to seek ways to perfect the AI service.
OpenAI announced that ChatGPT Enterprise will include unlimited access to GPT-4 and also offer longer context windows for processing more inputs.
Uber Eats is seeking to stay ahead of some of its direct competitors, such as DoorDash and Instacart, by using AI to improve food delivery.
Alibaba revealed its intention to provide the two AI models as open-source solutions to the global community.
Hugging Face provides various tools with AI code for data science hosting and development. The startup plans to use fresh funds for further expansion.
Code Llama has been released in three sizes with 7B, 13B, and 34B parameters respectively. Each of these models has been trained with 500B tokens of code and code-related data.
The flipside to Nvidia’s triumph is the ongoing struggle of its AI competitors.
Naver also announced its generative AI search service – CUE. It plans to begin beta testing CUE in September.
Driven by the high demand for AI products, Nvidia reported a significant increase in revenue and expects exponential growth ahead.
Production studios and companies represented by the AMPTP have proposed new guidelines and rules as they look to end the ongoing strike.