Hugging Face Has Developed Tiny Yet Powerful Vision Models

Most people know Hugging Face as a resource-sharing community, but it also builds open-source applications and tools for machine learning. Its recent release of vision-language models small enough to run on smartphones while outperforming competitors that rely on massive data centers is being hailed as “a remarkable breakthrough in AI.”  The new models — SmolVLM-256M and SmolVLM-500M — are optimized for “constrained devices” with less than around 1GB of RAM, making them ideal for mobile devices including laptops and also convenient for those interested in processing large amounts of data cheaply and with a low-energy footprint. Continue reading Hugging Face Has Developed Tiny Yet Powerful Vision Models

Big Tech Companies Acquire Significant Number of AI Startups

The Federal Trade Commission is investigating the purchase of hundreds of small startups made by Big Tech companies Amazon, Apple, Facebook, Google and Microsoft to determine if they have become too powerful. In 2019, a record-breaking 231 artificial intelligence startups were snapped up, which in many cases ended public availability of their products. According to CB Insights, that number compares to 42 AI startups acquired in 2014. Apple has been the No. 1 buyer of these startups since 2010. Continue reading Big Tech Companies Acquire Significant Number of AI Startups