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Mistral AI Raised $640 Million Obtaining a Valuation of $6 Billion
IBL News | New York
Paris-based Mistral AI closed its Series B funding round, raising €600 million ($640 million) in equity and debt. The startup...
Stanford’s Index Report Notes that AI Has Surpassed Human Capabilities in Language Understanding
IBL News | New York
Stanford University's Institute for Human-Centered Artificial Intelligence released its 2024 AI Index Report last month.
The document synthesizes AI-related data, developing...
Google’s AI Announcements on Education: LearnLM and AI-Generated Quizzes to Academic Videos
IBL News | New York
Yesterday, at the Google I/O developer conference, Google unveiled LearnLM, a new family of generative AI models fine-tuned "to make...
AWS Launched Web-Based ‘Amazon Bedrock Studio’ for Rapid Prototyping AI Projects
IBL News | New York
AWS launched Bedrock Studio, a new tool intended to simplify generative AI-powered application development.
Available in public preview for AWS administrators,...
Google Cloud Launched Vertex AI Agent Builder
IBL News | New York
Google launched this month, during its Cloud Next 2024 event, Vertex AI Agent Builder, a no-code console for developers to...
Meta Releases Llama 3, Two Models with 8 Billion and 70 Billion Parameters
IBL News | New York
Meta released this week Llama 3, with two models: Llama 3 8B, which contains 8 billion parameters, and Llama 3...
The Poe Chatbot Introduces a Per-Message Revenue Model
IBL News | New York
The Quora-owned AI chatbot Poe introduced this month a new revenue model based on setting a per-message price. This way,...
Saudi Arabia Plans to Create a $40 Billion Fund to Invest in AI
IBL News | New York
Saudi Arabia is planning a $40 billion push into AI, The New York Times reported.
Its government will create a fund...
Mistral Launches ‘Mistral Large’, a New, Non-Open-Source LLM
IBL News | New York
Paris-based Mistral AI — which is trying to build an alternative to OpenAI's GPT-4 and Anthropic's Claude 2 — released...
OpenAI Triples Its Valuation and Now It’s Valued at $80 Billion
IBL News | New York
OpenAI plans to sell existing shares in a tender offer led by venture firm Thrive Capital, in a deal that...
