OpenAI has launched its new o1 model family, featuring advanced reasoning capabilities and improved performance in various tasks, but with higher costs and some limitations, marking a significant step in AI development while intensifying competition in the field.
Mistral AI has released Pixtral 12B, its first multimodal model. Pixtral 12B offers competitive performance in image and text understanding tasks, features a 128k context window, and is available under an Apache 2.0 license.
Google's NotebookLM, an AI research assistant powered by Gemini 1.5 Pro, has introduced a new Audio Overviews feature that converts uploaded documents into AI-generated audio discussions between two speakers.
Ukraine-founded startup PLATMA has raised $2 million in pre-seed funding to expand its AI-powered no-code platform, which converts natural language into functional code, aiming to revolutionize digital transformation for businesses of all sizes.
Enterprise language AI platform Smartcat has raised $43 million in Series C funding to expand its AI-powered translation and multilingual content generation solutions, which allow global businesses to create ten times more content in multiple languages faster and more cost-effectively.
Palantir and BP have extended their decade-long collaboration with a new five-year agreement to enhance BP's oil and gas production operations with the safe deployment of large language models, to optimize performance and support decision-making across BP's global assets.
CardiaTec, a company using computational methods to study cardiovascular disease, has raised $6.5 million in seed funding to build the world's first proprietary human heart tissue multi-omics dataset and advance its drug development pipeline.
AI-powered bookkeeping startup Finally has raised $200 million in funding to expand its all-in-one financial management platform for small and mid-sized businesses.
Capsa AI, a startup founded less than a year ago, has raised £1.7m in seed funding to expand its AI-powered platform that streamlines due diligence processes for private equity firms. The Capsa AI platform has demonstrated significant time savings for early adopters.
Games studio Lightspeed L.A. and 80 video games have agreed to SAG-AFTRA's tiered and interim agreements including AI protections for talent, demonstrating that the union's proposed terms are reasonable and achievable.
IdentifAI raised a €2.2M seed funding round; Skillvue secured $2.8M; ChatGPT is coming to Volkswagen cars in the US; Root Signals secured $2.8M; Anthropic launched a plan for enterprise users; Sakana AI secured a Series A and a partnership with NVIDIA; and much more
01.ai has released Yi-Coder, an open-source large language model for coding tasks that, despite its relatively small size (1.5B and 9B parameters), outperforms larger models in various benchmarks and excels in various code-related tasks and program-aided mathematical reasoning.