Prophecta, a company that offers AI-powered real-time analysis of telematics data, and AI-assisted predictive modeling and planning optimization, recently announced the release of a vehicle tracking algorithm that enables users to optimize costs, reduce emissions, and promote driver safety.
Stability AI announced the release of the multilingual, 12-billion-parameter model, Stable LM 2 12B. Trained on 2 trillion data tokens in seven languages, Stable LM 2 12B comes in two performant, easy-to-deploy flavors: a base model and an instruction-tuned variant.
Apple has reportedly negotiated a licensing deal with Shutterstock to access millions of images for AI model training. The agreement follows Apple's previous efforts to negotiate with news organizations, including Condé Nast and NBC News.
Microsoft AI EVP and CEO Mustafa Suleyman recently announced the creation of the Microsoft AI London hub, which will perform cutting-edge work on language models and their infrastructure in collaboration with Microsoft's other AI teams and partners, including OpenAI.
Spotify is releasing AI Playlist as a beta feature for Premium users in Australia and the UK. AI Playlist lets users create and refine personalized playlists via text-based prompts on a chat interface.
Hailo secures additional funds and introduces Hailo-10 for edge devices; Luminance raised $40 million in Series B led by March Capital; The US and the UK signed into a partnership on AI safety; Stability AI launched Stable Audio 2.0; Google won big in the AI talent-luring battle; and more.
The AI boom is often associated with the lightning-fast rise of foundational model companies like OpenAI. Once more, NVIDIA reminds us that hardware is also important, as its groundbreaking financial growth shines its light upon other AI hardware-related stocks.
OpenPipe secured $6.7 million, in a seed funding round led by Costanoa Ventures and featuring the participation of Y Combinator and a selection of investors, to enable developers and enterprises to substitute their GPT-4 prompts with fine-tuned models and to build their custom data flywheel.
The 2024 MAD Landscape opens with a chart neatly organizing 2,011 active AI companies. The consequent discussion is equally informative and amusing, with this piece aiming to provide a not-too-brief overview.
Activeloop, the AI data infrastructure company behind Deep Lake, celebrates its $11M Series A with an illuminating reflection on AI data's past, present, and future. Where the present struggles are caused by a data stack from the past, Deep Lake emerges as a promising future for the AI data stack.
Upcoming Grok-1.5 early preview; MIT starts working group on Gen AI and the Work of the Future; Microsoft announces security and trustworthiness-boosting tools in Azure; Amazon concluded its $4B investment in Anthropic; NVIDIA crushed MLPerf's newest inferencing tests; and more.
The Unified Acceleration (UXL) Foundation has brought together a team of industry-leading organizations to develop the largest open ecosystem for accelerated computing based on Intel's OneAPI. This platform would allow, among other things, the migration out of NVIDIA's CUDA software platform.