1. Google Launches Next-Generation Open Model Gemma 2

      Google released Gemma 2, available in 9B and 27B parameter sizes, outperforming similar large models. It runs on a single NVIDIA H100 or TPU host, significantly reducing deployment costs. Gemma 2 is compatible with multiple AI frameworks and optimized for efficient performance. It aims to advance AI technology through more efficient and safer inference.

      Source:

        Public
    2. Finding GPT-4's Mistakes with GPT-4

      OpenAI introduced a method to use GPT-4 to identify and correct its own mistakes. Through a "reflection" mechanism, GPT-4 reassesses its generated answers in different contexts, enhancing accuracy and reliability. This approach not only improves model performance but also demonstrates AI's potential in self-improvement.

      Source:

        Public
    3. Hebbia Raises Nearly $100M Series B for AI-Powered Document Search

      Hebbia announced it has raised nearly $100 million in a Series B round led by Andreessen Horowitz. The funds will be used to develop and expand its AI-powered document search platform, aiding users in efficiently finding and managing information. This funding highlights investor confidence in the potential of AI technology in the information processing sector.

      Source:

        TechCrunchTechCrunch
    4. Bill Gates Urges Not to "Overly Worry" About AI Electricity Usage

      During a speech in London, Bill Gates stated that while AI systems increase energy consumption, tech companies are willing to pay a "green premium" for clean energy, driving sustainable energy development. He believes AI technology will ultimately offset its electricity usage. Companies like Microsoft are investing billions in data centers to support AI systems.

      Source:

        Financial TimesFinancial Times
    5. Facebook Launches LLM Compiler to Enhance AI Performance

      Facebook has introduced a compiler specifically designed for large language models to improve AI performance and efficiency. This compiler optimizes model training and inference processes and supports multiple hardware platforms. Developers can use this tool to better deploy and manage complex AI systems.

      Source:

        Public
    6. OpenAI Model Sales Surpass Microsoft, Annual Revenue Hits $1 Billion

      OpenAI has achieved an annual revenue of approximately $1 billion by selling access to its AI models, surpassing Microsoft's Azure OpenAI Service. This success indicates a preference among enterprises to work directly with OpenAI rather than through Microsoft. Despite the competition, Microsoft still benefits from its partnership with OpenAI in the long run.

      Source:

        The InformationThe Information
    7. MagicSchool AI Raises $15 Million to Alleviate Teacher Burnout and Prepare Students for an AI Future

      MagicSchool AI secured $15 million in funding led by Bain Capital Ventures. The platform aims to reduce teacher burnout with no-code tools and enhance students' AI literacy. Teachers can handle various tasks, and students can improve AI skills through the platform. The funding will support technology expansion and market outreach.

      Source:

        BusinessWireBusinessWire
    8. OpenAI Partners with Time Magazine for Content Licensing

      On June 28, OpenAI and Time Magazine announced a multi-year content licensing agreement. OpenAI will use Time's historical archives to train its AI models for products like ChatGPT. The partnership aims to enhance news accessibility and quality using AI technology. More publishers are choosing to collaborate with AI companies rather than file lawsuits.

      Source:

        The Hollywood ReporterThe Hollywood Reporter
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