Nebius raised $700 million in private placement financing from investors including Accel and NVIDIA, positioning itself to expand its AI infrastructure services and achieve an annual recurring revenue of $750 million to $1 billion by the end of 2025.
AWS has launched Trainium2 EC2 instances, offering a groundbreaking 30-40% improvement in price performance for AI model training. UltraServers connect 64 chips to deliver unprecedented computational power for large language and foundation models.
This Tuesday at re:Invent 2024, AWS unveiled two new features (in preview) for Amazon Bedrock: Model Distillation and multi-agent collaboration. Both features respond to the increasing demand for faster but accurate models, and more complex AI-powered workflows.
At re:Invent 2024, Amazon announced Automated Reasoning checks, a new feature allowing users to implement AI safety policies that use logic-based algorithmic verifications to prevent hallucinations in generative AI applications. The preview is available in the AWS US West (Oregon) region.
At re:Invent 2024, Amazon launched the Nova AI model family with multimodal capabilities, offering a range of models from text-only to multimodal and generative AI solutions, with features like fine-tuning and model distillation, aimed at enterprise use and AI-powered advertising.
Complimentary consultations with HPE; A group of artists protested OpenAI by leaking access to Sora; IMAX is testing Camb.ai's localization tech; Bertelsmann partnered with ElevenLabs to trial its AI solutions; OLMo-2, new truly open source AI models; the latest OpenAI o1 rival; and more.
In a recent webinar, HPE showcased its AI solutions platform, which offers flexible, scalable infrastructure and software tools for machine learning across various scales. The presentation focused on ease of use, open-source integration, and adaptability to customer needs.
Unlock your organization's AI potential with a free, personalized consultation from HPE! These complimentary consultations are available for Central Eastern European organizations to help optimize their AI infrastructure and chart a strategic path forward.
Linkup has tasked itself with an ambitious mission: building innovative infrastructure that allows AI model providers to connect more efficiently with data sources and content publishers while ensuring the latter are properly compensated for their data.
ElevenLabs and the European media company Bertelsmann have announced a partnership that enables Bertelsmann companies to leverage ElevenLabs' AI voice and audio solutions to simplify production workflows and unlock creativity and innovation without compromising quality.
Canadian news publishers including the Globe and Mail, the Canadian Broadcasting Corporation, and the Toronto Star have filed a lawsuit against OpenAI, accusing the tech giant of infringing copyright law and unjustly enriching itself at the expense of the plaintiffs and the journalists they employ.
Alibaba's Qwen team recently shared a preview of the latest OpenAI o1 rival. QwQ-32B-Preview leverages the test-time compute technique to deliver enhanced math and coding skills. However, the team notes that QwQ struggles with common sense reasoning and nuanced language understanding.