China’s largest cloud computing company, Alibaba Cloud, has released a new computer vision model, Qwen2-VL, which the company says improves on its predecessor in visual understanding, including video comprehension and text-to-image processing in languages including English, Japanese, French, Spanish, Chinese and others. The company says it can analyze videos of more than 20 minutes in length and is able to respond appropriately to questions about content. Third-party benchmark tests compare Qwen2-VL favorably to leading competitors and the company is releasing two open-source versions with a larger private model to come. Continue reading Alibaba’s Latest Vision Model Has Advanced Video Capability

OpenAI announced its newest model, GPT-4o, can now be customized. The company said that the ability to fine-tune the multimodal GPT-4o has been “one of the most requested features from developers.” Customization can move the model toward more specific structure and tone of responses or allow it to follow specific instruction sets geared toward individual use cases. Developers can now implement custom datasets, aiming for better performance at a lower cost. The ChatGPT maker is rolling out the welcome mat by offering 1 million training tokens per day “for free for every organization” through September 23. Continue reading OpenAI Pushes GPT-4o Customization with Free Token Offer

Meta Platforms CEO Mark Zuckerberg and Spotify CEO Daniel Ek have joined forces to express displeasure with the European Union’s regulations on artificial intelligence, claiming they are suppressing innovation. That is the opposite of the stated goals of EU lawmakers in passing the regulations. In a joint statement first published in The Economist and then on the Meta and Spotify websites Friday, the duo took aim at alleged EU obstruction to the development of open source AI, suggesting that Europe’s “fragmented regulatory structure, riddled with inconsistent implementation, is hampering innovation and holding back developers.” Continue reading Meta, Spotify Issue Statement Criticizing EU’s AI Regulations

Facebook parent Meta announced better-than-expected earnings for Q2 last week, surpassing Wall Street estimates for revenue and profit. The company plans to continue spending heavily on artificial intelligence and virtual reality, despite significant losses in its AR/VR and metaverse businesses. Meta reported a revenue increase of 22 percent from $32 billion for the same quarter last year, representing four straight quarters of growth exceeding 20 percent. The company noted that net income jumped 73 percent to $13.47 billion. Advertising revenue, largely from Facebook and Instagram, was up 22 percent year-over-year. Continue reading Meta Reports Q2 Digital Ad Growth, Will Continue AI Spending

In April, Meta Platforms revealed that it was working on an open-source AI model that performed as well as proprietary models from top AI companies such as OpenAI and Anthropic. Now, Meta CEO Mark Zuckerberg says that model has arrived in the form of Llama 3.1 405B, “the first frontier-level open-source AI model.” The company is also releasing “new and improved” Llama 3.1 70B and 8B models. In addition to general cost and performance benefits, the fact that the Llama 3.1 405B model is open source “will make it the best choice for fine-tuning and distilling smaller models,” according to Meta. Continue reading Meta Calls New Llama the First Open-Source Frontier Model