- The AI-ronman 🚀
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- 💸 HF bags $200 mil, Tiger trims Cohere stake
💸 HF bags $200 mil, Tiger trims Cohere stake
The AI-ronman 🚀
🎊 Greetings, data dreamers and AI aficionados! 🌐 It's that time again, when we unravel the virtual red carpet to a world where algorithms waltz and neural networks exchange encrypted whispers. 🤖✨ Keep your cognitive gears oiled, for the AI escapade has just begun. Until bytes bring us together again, stay infinitely innovative! 🛠️
Today’s Headlines:
YouTube partners with Universal Music Group to launch Music AI Incubator.
OpenAI brings fine-tuning to GPT-3.5 Turbo.
Meta to introduce AI ‘Off-Switch’ in EU: A milestone in digital choice.
Meta develops AI model SeamlessM4T for translation and transcription across multiple languages.
Microsoft Designer arrives in Edge: Design at your fingertips.
YouTube partners with Universal Music Group to launch Music AI Incubator 🎼
YouTube announces a pioneering partnership with Universal Music Group through the new Music AI Incubator. By collaborating with celebrated artists (like Anitta, OneRepublic's Ryan Tedder, and the Frank Sinatra estate), YouTube aims to develop generative AI, foster innovation, and circumvent copyright challenges. YouTube's three main guiding principles for this experiment:🎛️ Educating big labels about AI's presence.
💲 Ensuring artists are compensated for content usage.
🔒 Preserving copyright and ensuring safety.
OpenAI brings fine-tuning to GPT-3.5 Turbo 💡
OpenAI customers can now enhance GPT-3.5 Turbo with custom data, improving reliability and tailoring specific behaviors. Fine-tuning boosts performance, even matching GPT-4 in some tasks, and allows developers to customize the model, reduce prompt sizes by 90%, and cut costs. 💰️
Meta to introduce AI ‘Off-Switch’ in EU: A milestone in digital choice 🔄:
In adherence to the EU's Digital Services Act, Meta will soon allow European users to switch off AI-driven personalization on Facebook and Instagram. This feature will empower users with more control, providing options for content sorting without tracking, promoting transparency, and avoiding automated manipulation. 🕹️
Meta develops AI model SeamlessM4T for translation and transcription across multiple languages: 🗣️
Meta has developed an AI model called SeamlessM4T that can translate and transcribe over 100 languages across text and speech. SeamlessM4T offers on-demand translation for effective communication between people speaking different languages, without needing a separate language identification model. It is built on Meta's Massively Multilingual Speech framework, which provides speech recognition, language identification, and speech synthesis technology across more than 1,100 languages. 📢Microsoft Designer arrives in Edge: Design at your fingertips 🎨
Microsoft's free AI-powered tool, Designer, is now accessible in the US through Edge's sidebar. Users can create various designs such as social media posts, flyers, and invitations without needing a separate program, enhancing ease and efficiency.
💰 Investment Highlights
Hugging Face🧠: HF raises ~$200 million at a valuation of $4 billion, with Salesforce leading.
Helm 🚗: Raised $55 million for AI software in autonomous driving.
Prins AI 🎨: Creator of AI digital personas, secured $22 million.
Sizzle AI 📚: a chatbot that helps students with homework, raised $7.5 million.
Marqo 🔍: Vector search engine innovator, garnered $5.2 million.
Cohere 😶🌫️ : Tiger Global is selling a 2.1% stake in AI startup Cohere at a $3B valuation, up 40% from June 2023.
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📚 With the pixels settling and the servers humming, it's time to bookmark this chapter of our AI saga. 📖 Let the knowledge marinate, the ideas percolate, and the innovation accelerate until our paths cross again. Until then, stay curious and keep disrupting the code! 🤓
Ciao for now! 🙋♂️💼
(Author: Poonam 🤓)
Karan 😎 🚀
CEO, GlazeGPT.com