In its quest to accelerate the growth of its AI platform, Poe, and to make its chatbot creator program profitable for its users, Quora has raised $75M from Andreessen Horowitz. The company plans to dedicate most of the raised funds towards its creator monetization program
AMD's latest family of graphics cards, the AMD Radeon™ 7000 Series, includes the high-performance RX 7600 XT, which has a suggested retail price of $329. Its RDNA™ 3 architecture, 64 AI accelerators, and 16 GB of GDDR6 memory make the RX 7600 XT an ideal graphics card for AI applications.
Stability AI is expanding access to its foundational video generation model, Stable Video Diffusion. The model is now accessible via the Developer Platform API, available for local hosting via the Stability AI Membership, and will soon be usable through a web interface.
Sources close to Anthropic's finances claim that the company will reach $850 million in annualized revenue by the end of 2024. Previous reports placed the figure at $500 million. The motivations for the updated projection remain unclear, but the optimism behind them may be well-founded.
ChatGPT's coming to existence will go down into the history books as the catalyst for the LLM race that dominated 2023. Fortunately, ChatGPT also ushered in the creation of the open-source ecosystem, which has given us powerful yet compact LLMs and shows no signs of stopping.
Almost two months ago, a team of Apple and Columbia University researchers quietly released an innovative research-only, open-source MLLM called 'Ferret' that excels in visual reference understanding and grounding textual input.
Instock Inc. is a California-based start-up developing automated storage and retrieval systems (ASRS). The Amazon Industrial Fund investment has brought Instock's total seed funding to $6.2 million, which the company plans to use in making ASRS systems accessible to businesses of all sizes.
Microsoft partnered with Suno, a leader in AI-powered music generation, to bring songwriting capabilities to Microsoft Copilot. Users signed in to the Copilot website using their Microsoft account can generate songs complete with lyrics, instrumentals, and voice with a single sentence.
The European Commission and the EuroHPC JU will demonstrate their commitment to developing a trustworthy global AI ecosystem with the launch of the Large AI Grand Challenge, expanded access to its supercomputing resources, and creation of support centers for optimal usage of the supercomputers.
Converge is OpenAI's highly competitive six-week program for the acceleration of exceptional tech experts working on harnessing the power of AI to "reimagine the world." The application period for Converge 2 runs until Friday, January 26, 2024, at 11:59 PM Pacific.
Respeecher is a start-up that came into the public eye after Disney tasked it with recreating the voice of James Earl Jones for Darth Vader. The company prioritizes its ethical principles to ensure that no bad actors misuse synthetic voices created using its technology.
EU Parliament and Council representatives recently reached a provisional agreement on the AI Act, a legally binding document intended to mitigate risks inherent to AI systems in vulnerable areas such as healthcare, education, and banking.