Amazon is reportedly negotiating a new multi-billion dollar investment in Anthropic, potentially tying the investment amount to Anthropic's commitment to using more of Amazon's custom Trainium chips instead of Nvidia-powered servers.
Mistral AI has launched two new services: a moderation API that leverages a Ministral 8B fine-tune to classify text according to nine categories describing common harms, and a batch API that enables developers to process high volumes of data for 50% of the cost of equivalent synchronous API calls.
Belgian-Swiss startup Predikt has secured €750,000 in funding to develop its AI-powered financial forecasting platform. Predikt combines internal financial data with millions of macroeconomic indicators to help large companies make more accurate financial predictions.
Nvidia has become the world's most valuable company with a market capitalization of $3.43 trillion, surpassing Apple. The company has largely addressed investor concerns that triggered a previous fall in its shares, as it continues to be the main beneficiary of the AI boom.
Research Grid, a startup founded by Dr. Amber Hill that uses AI to streamline clinical trial processes through its TrialEngine and Inclusive platforms, has secured $6.5 million in seed funding led by Fuel Ventures to expand its presence in the US and Asia and enhance its AI capabilities.
Following reports of China using Meta's Llama 2 model for military intelligence, Meta announced it would make its AI models available to US government agencies and contractors despite ongoing debates about the safety and usefulness of commercial models in military contexts.
During Google's 2024 Q3 earnings call, CEO Sundar Pichai revealed that AI now generates over 25% of Google's new code (which is then reviewed by engineers), highlighting the company's commitment to AI integration and development efficiency.
OpenAI is reportedly partnering with Broadcom to design an inference chip expected to be manufactured by TSMC in 2026. Sam Altman and OpenAI spokespeople have stated that infrastructure constraints limit new product launches, shutting down the possibility of a new model release by 2024's end.
OpenAI has launched ChatGPT search, Google expanded the AI Overviews' availability and launched 'Grounding with Google Search', more Perplexity AI drama, Tabnine's new Code Review Agent, TechCrunch Disrupt 2024 coverage, and more.
At TechCrunch Disrupt 2024, tech leaders Chet Kapoor (DataStax), Vanessa Larco (NEA), and George Fraser (Fivetran) advised companies to start small with generative AI implementations, focusing on specific goals and immediate problems rather than attempting large-scale deployments.
The TechCrunch Disrupt 2024 panel featuring Allen Institute's CEO Ali Farhadi and Hugging Face's Irene Solaiman discussed open-source AI's potential to reshape the industry, addressing misconceptions about safety, the distinction between accessibility and open source, and regulatory challenges.
Tabnine has launched an AI-powered Code Review Agent that learns and enforces team-specific coding standards while providing real-time feedback and automated fixes to improve code quality and security, thus reducing the manual burden of code reviews.