Welcome to BIGDATA AI News Briefs. This timely new feature provides the latest industry insights and perspectives surrounding AI areas such as deep learning, large-scale language models, generative AI, transformers, and more. We work tirelessly to unearth the most timely and interesting information underlying the day's most popular technologies. We recognize that this field is rapidly evolving and want to provide regular resources to keep you up to date with the latest information. enjoy!
Habana and Hugging Face Demonstrate Best AI Training Performance with BridgeTower Vision Language Model – Collaboration between Intel AI researchers and Microsoft Research to create BridgeTower, a pre-trained multimodal transformer that delivers the most advanced vision language Remember your development work? task. This model was recently integrated into Hugging Face, a leading open source library for machine learning. Hugging Face has published a blog post update summarizing AI training performance benchmarks for the Habana Gaudi2 AI accelerator and NVIDIA's H100 GPU. Overall, this result seems to indicate that Gaudi2 outperforms H100 in training this multimodal transformer BridgeTower model, achieving 2.5 times the speed of A100.
OpenAI launches business-focused service ChatGPT Enterprise – According to CNBC, the Enterprise service powered by GPT-4 is OpenAI’s biggest announcement since the debut of ChatGPT. This includes access to GPT-4 with no usage caps, up to 2x faster performance than previous versions, API access, enhanced privacy and data analytics, and performance and customization options. One key differentiator is that Enterprise allows clients to input corporate data to train and customize his ChatGPT for their unique industry and use case. This feature enables data analysis customization features such as creating graphs and performing math tasks.
SeamlessM4T is a multimodal AI model for speech and text translation that could pave the way to a space-age “universal language translator.”
NVIDIA Achieves 843% Year-over-Year Profit Growth – NVIDIA, the AI chip leader, exceeded expectations with revenue of $6 billion in Q2 2024, driven by demand for AI chips. The third quarter forecast points to an even higher level of $16 billion.
Release of Meta's Code Llama – The code generation tool built on Llama 2 LLM is now live to compete head-on with services like Microsoft's GitHub Copilot and Amazon's CodeWhisperer.
Microsoft and Epic Expand AI Collaboration – Aimed to accelerate the impact of generative AI in healthcare and address the industry’s most pressing needs.
Businesses take advantage of ChatGPT's interface with tweak release – OpenAI announces GPT-3.5 Turbo + tweak and partners with Scale to help more businesses create cutting-edge custom models for specific business needs I made it possible. It appears Open AI has big plans to provide users with richer digital experiences, tied in with its acquisition this month of product design firm Global Illumination to develop its core products. We have an easy-to-understand cost structure. $0.008 for training, $0.012 for input, and $0.016 per 1,000 tokens for output.
Ikigai raises $25 million for data science automation. His GenAI for Tabular Data generates synthetic data to train ML models to improve accuracy and efficiency.
AI writing tool raises $2.75 million – Lex.page helps writers overcome obstacles by optimizing sentence structure, word choice, and more.
Google enhances Vertex AI with new features and enhancements – Vertex AI is undergoing a major overhaul, enhancing its large-scale language models and expanding its developer tools.
LLM for Every Enterprise – HuggingFace aims for mass adoption among AI builders after closing a large Series D led by Salesforce. Powered by over 10,000 enterprise customers, 500,000 AI models, and 250,000 data sets.
Modular's AI software takes on NVIDIA – Google tapped the startup to bypass the need for expensive and high-demand NVIDIA chips and use its own software to build a cheaper alternative to AI development. We just backed a $100 million round.
Former Starbucks executive joins Atypical AI – A new head of engineering has joined the startup developing AI for personalized learning experiences. Atypical AI also just raised $4 million in a pre-seed round from Bloomberg, Ascend, and SNR.
Shownotes.io – Uses AI to summarize podcast show notes and everything else.
Databricks Eyes Strategic Funding – The data analytics platform is reportedly in talks with T. Rowe Price for a new round that values the company at $43 billion.
U.S. Copyright Office Seeks Public Comment on AI and Copyright Dilemma – The U.S. Copyright Office will begin a public comment period on August 30 to explore the murky waters of AI and copyright issues.
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