Foundational Models News Today

The new model, internally referred to as MAI-1, is being overseen by recently hired Mustafa Suleyman, the Google DeepMind co-founder and former CEO of AI startup Inflection, the report said, citing two Microsoft employees with knowledge of the effort.

Meta Platforms reported Q1 2024 earnings. Analysts have mixed views, with some optimistic about Meta's focus on AI and the Metaverse, while others recommend selling the stock. Wedbush favors Google, while Needham suggests using Meta as a source of funds.

The Spanish government has signed a deal with US computer giant IBM Corp for the New York-based firm to develop foundational models of artificial intelligence (AI) for not only Spanish but for co-official langugages, such as Catalan, Basque, Galician, and Valencian. In addition, the two parties inked a Memorandum of Understanding or MoU to promote their collaboration in AI and AI supercomputing, advance the development and practical deployment of open, ethical and responsible generative AI in Sp

After the earthquake of ChatGPT's phenomenal success a year ago, Silicon Valley investors have gone into overdrive with artificial intelligence, looking for the newest blockbuster idea in an ocean of hype and overpromising.Stung by the struggles of cryptocurrency and other faded Silicon Valley fads of recent years, venture capitalists have quickly doubled down on AI, a new promised land in the never-ending quest for big tech riches.

Ola co-founder Bhavish Aggarwal’s new company, Krutrim, is the latest to join the growing band of companies that are focusing on building India-specific large language models–the need of the hour but easier said than done, given high computing costs and paucity of good Indian datasets

This morning at Scaleway’s ai-PULSE conference, French billionaire and Iliad CEO Xavier Niel gave some extra details about his plans for an AI research lab based in Paris. It will work with PhD students, postdocs and researchers on research papers and open source projects. When Iliad originally unveiled this research lab, the firm said that Niel was committing €100 million to this project ($109 million at today’s exchange rate).

The company utilized ChatGPT and a visual captioning model to give Spot different personalities.

Lenovo showcased a concept that would let users regain control it their data when using AI.

The UK Competition and Markets Authority proposed a number of principles it wants adhered to in the development of AI models.

/PRNewswire/ -- Carium, a trailblazer in the virtual care management technology space, has announced its AI-focused roadmap using Amazon Bedrock to accelerate...