Category ai Page 3 of 5
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US Government Spending $700 Million on AI Projects in AI Arms Race
In the two years since the launch of ChatGPT, the US government has been quietly investing heavily in artificial intelligence, with the Department of Defense (DoD) and Department of Homeland Security (DHS) awarding nearly a staggering $700 million in contracts to over 340 companies. This represents a 20% increase in spending on AI projects compared to the previous two-year period.
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Adobe Firefly Video Model Takes Center Stage With Commerically Safe Video Creation
Adobe has officially launched its Firefly Video Model in public beta, marking a significant milestone in the world of generative AI video creation. This innovative technology is designed to be commercially safe, making it an attractive solution for creative professionals and businesses alike.
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How Meta's Movie Gen Could Usher in a New AI-Enabled Era for Content Creators
Whether you’re an aspiring filmmaker or a creator who loves making videos for your audience, Meta believes everyone should have access to tools that enhance their creativity. Today, the tech giant is premiering its breakthrough generative AI research project, “Movie Gen,” which includes modalities like image, video, and audio.
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Google Cloud Unveils New Gemini Models, AI Agents, and Customer Engagement Suite
In a major announcement, Google Cloud has rolled out a series of updates to its Vertex AI platform, including new Gemini 1.5 Flash and 1.5 Pro models with expanded context windows, grounding with Google search, and pre-made Gems for Google Workspace. The tech giant also introduced a suite of AI agents designed for customer engagement and conversational experiences.
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ElevenLabs Innovative AI-Powered Sound Effect Generator
In a groundbreaking move, voice cloning startup ElevenLabs has introduced a new tool that allows users to generate custom sound effects through simple text prompts. As reported by TechCrunch’s Ivan Mehta, this innovative technology is set to revolutionize the way content creators, filmmakers, and audio enthusiasts approach sound design.
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Anthropic Empowers Businesses with Autonomous AI Tool Use
Anthropic, a leading AI company, has announced the general availability of Tool Use for its AI assistant, Claude. This powerful new feature allows Claude to autonomously interact with external data sources, APIs, and tools, revolutionizing the way businesses can leverage AI to automate tasks, personalize recommendations, and streamline data analysis.
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Mistral AI Mixtral 8x22B Available for Download
In the realm of artificial intelligence advancements, Mistral AI has made waves with the release of its latest sparse mixture of experts (SMoE) model, Mixtral 8x22B. This Paris-based startup, known for raising Europe’s largest seed round in June 2023, has taken a unique approach to unveiling its new model by providing a torrent link for enthusiasts to download and test the technology.
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AI Data Security Startup Cyera Raises $300 Million Series C at $1.4 Billion Valuation
Cyera, an AI-powered data security platform, has raised $300 million in a Series C funding round that values the company at $1.4 billion. The round was led by Coatue Management and nearly triples Cyera’s valuation from its $100 million Series B raised less than a year ago.
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The Rise of In-Memory Computing Chips in China, Due to the AI Energy Crisis
A recent article from Bloomberg highlights how the growing energy demands of artificial intelligence are boosting interest in a technology called in-memory computing. As AI requires massive amounts of data processing that consumes vast amounts of electricity, startups and major chipmakers are exploring new “in-memory” chip designs that could make AI more energy efficient.
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AI Just Got a Major Speed Boost With Matrix Multiplication Discovery
If you thought AI was advancing at a blistering pace already, brace yourself - a monumental breakthrough in matrix multiplication could kick things into an even higher gear. At the core of most AI systems lies matrix math, the fundamental calculations that power everything from language models like ChatGPT to image recognition and video synthesis. And researchers have just discovered a way to make those calculations faster and more efficient than ever before.