News

Microsoft Open-sources Pi-3 Mini Language Model to Outpace Meta’s Ll...

  Insights Desk    Apr 24, 2024

Highlights: The popular LLM series Llama 2, created by Meta Platforms Inc., served as the model for Pi-3 Mini, which Microsoft researchers designed. Microsoft claims that the Pi-3 Mini outperf...

Read more

Perplexity AI Secures USD 63M for Generative AI Search

  Insights Desk    Apr 24, 2024

Highlights: With the funding, Perplexity introduced Enterprise Pro, its inaugural business offering focusing on enhanced security and privacy for enterprise environments. The company also prov...

Read more

FPT NVIDIA Strategic Partnership for AI Cloud Services

  Insights Desk    Apr 23, 2024

Highlights: FPT intends to invest USD 200 million in constructing an AI factory, which will function as a sovereign cloud. These facilities will showcase NVIDIA's cutting-edge technologies, encom...

Read more

Mistral AI to Raise USD 5 B in Valuation from the New Funding

  Insights Desk    Apr 18, 2024

Highlights: The LLM developer proceeded to raise USD 16.3 million from Microsoft Corp. in February and, most recently, secured an undisclosed amount from Databricks Inc. last month. When an LL...

Read more

Microsoft Invests USD 1.5 B in G42, an AI Enterprise in the UAE

  Insights Desk    Apr 17, 2024

Highlights: After the recent announcement of a USD 1.5 billion investment, G42 will utilize Microsoft’s Azure cloud platform to enhance its AI development initiatives. Microsoft and G42 will...

Read more

Document AI Startup Upstage Raises USD 72 M for Global Expansion

  Insights Desk    Apr 17, 2024

Highlights: Upstage provides a document processing engine and a large solar language model that is customizable for e-commerce, healthcare, finance, and legal sectors by enterprise clients. Up...

Read more

Rivos’s Start-up Capital Raises USD 250M In Funds

  Insights Desk    Apr 17, 2024

Highlights: A CPU executes intricate tasks, such as operating AI software, by dissecting the workflow into comparatively straightforward computations. Rivos indicates that its forthcoming chip...

Read more

OpenAI Plans New Office in Tokyo and GPT-4 New Version for Japan

  Insights Desk    Apr 16, 2024

Highlights: OpenAI announced that its local team will collaborate with local academic institutions, the Japanese government, and business sector clients. According to OpenAI, the modified mode...

Read more

Elon Musk-led xAI Corp. Launches First Multimodal Model Grok-1.5V

  Insights Desk    Apr 15, 2024

Highlights: The business claims that Grok-1.5V, which specializes in what it terms “multidisciplinary reasoning,” is more than capable of competing with current multimodal models across a ran...

Read more

MistralAI Launches Mixtral 8x22B, a Leading Open-source AI Model

  Insights Desk    Apr 11, 2024

Highlights: Mistral, established by AI professionals from Google LLC and Meta, stands out among startups aimed at providing open-source models for public use. It is widely anticipated that Mix...

Read more