The Facebook parent is aiming for its new AI model to be ready next year, the Journal said, adding it will be several times more powerful than its commercial version dubbed Llama 2.
The funds raised will be used for research and development with a focus on artificial intelligence (AI). It also intends to significantly scale up its SaaS offerings, including TrackWizz Screenzaa, and bring in new products in niche areas of financial crime.
The company is offering to repay $300 million of the distressed debt within three months if the amendment proposal is accepted and the remaining amount in the subsequent three months.
The TCS Digital BioTwin is a biophysics-based high-fidelity computational model developed by TCS researchers to enable the investigation of the function of a particular human organ remotely and non-invasively.
After leaving Google last year, Suleyman started Inflection with LinkedIn co-founder Reid Hoffman in an effort to create artificial intelligence, or AI, that won t veer into racist, sexist or violent behaviour.