Nvidia’s NeMo Delivers AI Customization to Snowflake Cloud

Bozeman, Montana-based DaaS firm Snowflake has partnered with Nvidia to let clients customize LLMs (large language models) using proprietary data in the Snowflake Data Cloud. Nvidia’s NeMo platform and GPU-accelerated computing will power the effort to tailor models to specific business use cases, such as chatbots with category expertise as opposed to generalists, search engines attuned to context or generative text deep knowledge. Since most companies are eager to harness brand-specific AI without having to build a model from scratch, this category of service is generating a lot of interest. Continue reading Nvidia’s NeMo Delivers AI Customization to Snowflake Cloud

Reka AI Raises $58 Million to Customize LLMs for Enterprise

Based on the premise that it is impractical to deploy an all-purpose LLM for specific use cases, a group of researchers from Google, Baidu, DeepMind and Meta founded Reka AI in July 2022. A year later the company has emerged from stealth mode with news of $58 million in Series A funding led by DST Global and Radical Ventures. Strategic partner Snowflake Ventures also participated, along with angel investor Nat Friedman, former CEO of GitHub. The Sunnyvale, California-based startup says it is building “enterprise-grade state-of-the-art AI assistants for everyone, regardless of language and culture.” Continue reading Reka AI Raises $58 Million to Customize LLMs for Enterprise

Databricks Acquiring OpenAI Competitor MosaicML for $1.3B

Data management firm Databricks has agreed to purchase generative AI company MosaicML in a deal valued at $1.3 billion. The three-year-old generative AI startup has developed a platform it says makes it “fast, cost-effective, and easy” for companies to train LLMs and deploy tools to use them. MosaicML has privately raised roughly $64 million to date. Its last valuation was $222 million in January, which means it was purchased for a healthy 6x multiple in a move that appears to prime Databricks for what one brokerage calls an “inevitable” IPO. Continue reading Databricks Acquiring OpenAI Competitor MosaicML for $1.3B

Inflection Shares Test Results for Its First AI Language Model

AI-startup Inflection has unveiled a new foundation LLM (large language model) to power its Pi chatbot. Inflection-1 approximates OpenAI’s GPT-3.5 in terms of size and functionality, which puts it on a par with ChatGPT insofar as model training. Inflection claims its LLM exceeds some benchmarks when tested against that competing system, as well as Meta Platforms’ LLaMA, DeepMind’s Chinchilla and Google’s PaLM-540B. Pi is short for Personal Intelligence, and Inflection compiled its LLM with a goal of creating an emotive AI whose conversation provides a reasonable facsimile of empathy and human-like sensibilities. Continue reading Inflection Shares Test Results for Its First AI Language Model

AWS Invests $100 Million in Generative AI Innovation Center

Amazon Web Services (AWS) is investing $100 million to fund a global AI accelerator, aiming to link its machine learning initiatives with experts, customers and partners worldwide. Twilio, Highspot, Lonely Planet and Ryanair are among the first companies to get onboard with the AWS Generative AI Innovation Center to develop new applications. “Through free workshops, engagements and training, AWS will help customers imagine and scope the use cases that will create the greatest value for their businesses, based on best practices and industry expertise,” the company explains. Continue reading AWS Invests $100 Million in Generative AI Innovation Center

RIAA Alleges Popular ‘AI Hub’ on Discord Violates Copyright

The AI Hub server on Discord has drawn attention from the Recording Industry Association of America, which sent a DMCA takedown notice and is alleging copyright infringement. The users are said to share a wide range of AI voice models, including some based on recognizable performers. Those that may sound familiar are in the style of Stevie Wonder, Frank Sinatra, Rihanna and Bruno Mars. AI Hub reportedly has more than 142,000 members that engage in sharing topical information, such as guides. One point that is getting a lot of attention is the RIAA demand that Discord identify the accused infringers. Continue reading RIAA Alleges Popular ‘AI Hub’ on Discord Violates Copyright

Schumer Shares Plan for SAFE AI Senate Listening Sessions

Senate Majority Leader Chuck Schumer unveiled his approach toward regulating artificial intelligence, beginning with nine listening sessions to explore topics including AI’s impact on the job market, copyright, national security and “doomsday scenarios.” Schumer’s plan — the SAFE (Security, Accountability, Foundations, Explainability) Innovation framework — isn’t proposed legislation, but a discovery roadmap. Set to begin in September, the panels will draw on members of industry, academia and civil society. “Experts aren’t even sure which questions policymakers should be asking,” said Schumer of the learning curve. “In many ways, we’re starting from scratch.” Continue reading Schumer Shares Plan for SAFE AI Senate Listening Sessions

IBM and Adobe Advance AI Content Workflow for Enterprise

IBM and Adobe are expanding their partnership to help enterprise clients accelerate their content supply chains using artificial intelligence including Adobe Sensei GenAI, released in March, and Adobe Firefly, now in beta, as well as Adobe’s generative AI models. IBM says it will create a portfolio of Adobe-specific consulting services. Leveraging Adobe’s AI solutions and IBM Consulting services, the companies aim to “help clients build an integrated content supply chain ecosystem that drives collaboration, optimizes creativity, increases speed, automates tasks and enhances stakeholders’ visibility across design and creative projects.” Continue reading IBM and Adobe Advance AI Content Workflow for Enterprise

MAGE AI Unifies Generative and Recognition Image Training

Researchers at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) have introduced a computer vision system that combines image recognition and image generation technology into one training model instead of two. The result, MAGE (short for MAsked Generative Encoder) holds promise for a wide variety of use cases and is expected to reduce costs through unified training, according to the team. “To the best of our knowledge, this is the first model that achieves close to state-of-the-art results for both tasks using the same data and training paradigm,” the researchers said. Continue reading MAGE AI Unifies Generative and Recognition Image Training

Feds Escalate Urgency Around AI, Biden Meets with Experts

President Biden heralded the “enormous promise” of artificial intelligence while pointing out that we must manage risks to society and our economy. These include misinformation and job loss. Meeting with experts in San Francisco, Biden said AI is already fueling “change in every part of American life, often in ways we don’t notice.” Citing social media and its potential harms, Biden called for proper AI guardrails. The Bay Area visit was part of Biden’s 2024 reelection fundraising campaign, and included an event co-hosted by venture capitalist Reid Hoffman, who was integral to the launches of LinkedIn and PayPal. Continue reading Feds Escalate Urgency Around AI, Biden Meets with Experts

Vimeo Says Its AI Makes Video as Easy to Edit as Word Docs

Vimeo is leveraging artificial intelligence to automate video editing, and says its new AI suite of tools enables the creation of “a fully produced video in minutes by generating scripts from text prompts, recording videos in one take, and editing content as easily as a Word doc,” the company claims. Features include recording using a built-in screen teleprompter and the ability to quickly delete unwanted filler words (“ums” and “uhs”) and long pauses. The video hosting and sharing platform is rolling out the AI tools in July as part of the $20 per month standard subscription. Continue reading Vimeo Says Its AI Makes Video as Easy to Edit as Word Docs

Snorkel AI Debuts Products for Model Training, Development

Snorkel AI is offering new capabilities to help companies curate and prep data for generative artificial intelligence. Formed in 2015, Snorkel AI has been developing software for data-centric AI. Its best known product is Snorkel Flow, which helps enterprise clients build and deploy AI applications efficiently using programmatic labeling to automate the process of creating training data for AI models. Now Snorkel AI’s Foundation Model Data Platform is going beyond programmatic labeling with two new core solutions: Snorkel GenFlow for building generative AI applications and Snorkel Foundry for developing custom LLMs with proprietary data. Continue reading Snorkel AI Debuts Products for Model Training, Development

Alibaba Announces a Major Overhaul to Its Top Management

Chinese tech giant Alibaba Group is restructuring its C-suite. Chairman and CEO Daniel Zhang announced that on September 10 he will step down to be replaced by Eddie Yongming Wu as CEO and Joe Tsai as chairman. Zhang will continue to run Alibaba’s cloud computing division for now, which the company plans to spin off in an IPO. Tsai is currently Alibaba’s executive vice chairman (and owner of the NBA’s Brooklyn Nets) and Wu is chairman of Alibaba’s Taobao Tmall Commerce Group. Wu will maintain his role with the e-commerce interests along with his new duties at Alibaba, where he will also replace Zhang on the company’s board of directors. Continue reading Alibaba Announces a Major Overhaul to Its Top Management

Meta Creates Voicebox Generative AI Model for Audio Synth

Meta Platforms has unveiled Voicebox, an AI model that can produce high-quality audio clips and edit pre-recorded audio. It also uses artificial intelligence for speech generation efforts, using what Meta calls “in-context learning” to accomplish tasks it was not specifically trained for. The company says Voicebox is first in class with this type of generalized learning for audio. Untrained tasks include sampling, stylizing and editing. As an editor, it can isolate and remove sounds like car horns and background animal noise while preserving the content and style of the source audio. The multilingual model generates speech in six languages. Continue reading Meta Creates Voicebox Generative AI Model for Audio Synth

Twitter’s New Business Plan Marks Shift to Video, Commerce

Elon Musk and new Twitter CEO Linda Yaccarino shared a platform vision heavy on creator-commerce partnerships as well as video, which has grown vertical engagement to “more than 10 percent” of user time on the social service. The duo said on a video call with investors last week that the company is pursuing collaborations with entertainment figures, politicians, media publishers and payment services, and that Twitter is securing “money transmitter licenses” in each of the 50 U.S. states as part of Musk’s vision to turn the service into a super app. Continue reading Twitter’s New Business Plan Marks Shift to Video, Commerce