Mistral AI has launched two new compact models, Ministral 3B and 8B, which outperform comparably sized models, feature long context windows, and offer competitive pricing for several edge and on-device applications ranging from on-device translation and offline assistants to robotics.
Shift Bioscience has secured $16 million in seed funding to advance the AI-powered cell simulation platform which supports its mission to identify gene activations that can safely trigger cell rejuvenation and serve as the basis for treatments for age-related diseases.
Google has redesigned its Shopping platform, which now features AI-generated briefs that offer relevant considerations and a selection of products. The company also launched a suggested product feed based on user preferences and a custom deals page.
Gladia, a voice AI company, has launched Gladia Real-Time, a groundbreaking low-latency audio transcription and analysis product supporting over 100 languages. Gladia has also secured $16 million in Series A funding to develop its audio AI infrastructure.
Lidwave has closed a successful $10 million seed funding round that will enable it to continue developing its FCR™ technology, a novel approach to LiDAR based on light's coherence. With its FCR™ technology, Lidwave expects to unlock scalable production that makes LiDAR a mainstream technology.
Galileo, a leading AI evaluation platform, has secured $45 million in Series B funding to expand its Evaluation Intelligence Platform, which aims to improve AI accuracy and trustworthiness for teams worldwide.
The 2024 chemistry and physics Nobel Prize laureates work on ML; Basecamp Research is building a huge biodiscovery database; forward earth, Scope3, Qantev, and Numeric secure new funding; Intel and AMD's new hardware; Pyramid Flow generates video using a single transformer model; and more.
At Advancing AI 2024, AMD unveiled a comprehensive suite of AI-focused hardware solutions, including new EPYC processors, Instinct accelerators, networking products, and Ryzen AI PRO processors for enterprise PCs, along with improvements to their ROCm software stack.
Pyramid Flow leverages pyramid flow matching, a novel video generation algorithm that improves training efficiency and reduces computational demands without significantly impacting output quality. Pyramid Flow is available on GitHub and Hugging Face under an MIT License.
Intel's new Core Ultra 200S processor family, featuring AI capabilities and improved gaming and content creation performance, will launch on October 24, 2024. Core Ultra 200S processors boast up to 24 cores, as up to 16 E-cores and 8 P-cores, and an integrated neural processing unit (NPU).
Instagram has attributed recent moderation issues to human error and broken tools rather than AI. However, the platform acknowledges that not all problems are fully explained by human error and continues to investigate various user-reported issues affecting account access and engagement.
TikTok is laying off hundreds of employees, mainly in Malaysia, as it shifts towards AI-driven content moderation. It plans to invest $2 billion in trust and safety efforts in 2024 while claiming it already removes 80% of violative content through automated technologies.