NVIDIA researchers have developed a breakthrough technique combining structured weight pruning and knowledge distillation to create smaller, more efficient language models, which offer improved performance and significant compute savings while remaining competitive with larger models.
Ideogram has launched Ideogram 2.0, a cutting-edge text-to-image AI model with superior capabilities in realistic image generation and typography, alongside new offerings including an iOS app, API access, and a searchable database of over 1 billion community-generated images.
Skyfire Systems Inc., founded by former Ripple executives, has raised $8.5 million to develop infrastructure enabling AI agents to make autonomous payments, focusing on secure wallet access, verified identity services, and an open payment protocol.
SleekFlow, a Singapore-based provider of AI-powered customer engagement solutions, has secured $7 million in Series A+ funding to accelerate its global expansion, enhance its AI technology, and develop fully automated sales and support journeys across various communication channels.
OpenAI has announced a licensing agreement with Condé Nast to display content on its products, marking a collaborative approach to address content monetization challenges in the era of generative AI, in contrast to other publishers who have pursued legal action against OpenAI.
Logically, a leading provider of AI solutions to combat harmful online content, has acquired Insikt AI to bolster its research and development capabilities, expand its technology portfolio, and deliver a competitive advantage to customers in tackling a broader range of online threats.
Reliant AI, a new generative AI-powered data analytics provider, has launched its first product Reliant Tabular to help the biopharma industry quickly find scientific evidence and accelerate decision-making, backed by $11.3 million in seed funding from Tola Capital and Inovia Capital.
Grok's image generation capabilities have practically zero guardrails; AI features announced in Made by Google 2024; Sakana AI is working on an AI scientist; MIT published an AI risk database; Snowflake launched its Cortex Analyst; Google's AI Overviews are available in more countries; and more.
Midjourney has launched a comprehensive Web Editor that integrates the Remix, Vary Region, Pan, and Zoom functionalities, allowing users to refine AI-generated images and unleash their creativity.
Google is expanding the availability of its AI Overviews to six new countries, introducing new linking capabilities and user-friendly options while reporting increased engagement and focusing on information quality.
CodeRabbit, an AI-powered code review tool, has raised $16 million in Series A funding to expand its team and enhance its product offerings, building on its initial success in addressing manual code review challenges and gaining traction among developers.
Goodfire, a startup developing an AI observability platform that allows developers to visualize and edit AI model behavior, has raised $7 million in seed funding to advance its mechanistic interpretability-based approach to making AI models more transparent and controllable.