AI News Now - AI Companions Go Wild, DataBricks Buys Mosaic for 1.3B, AI Discovered Drug Hits Stage II Clinical Trial and Artists Launch More Lawsuits

AI News Now - AI Companions Go Wild, DataBricks Buys Mosaic for 1.3B, AI Discovered Drug Hits Stage II Clinical Trial and Artists Launch More Lawsuits

Databricks Strikes $1.3 Billion Deal for Generative AI Startup MosaicML

In a testament to the continued power of the emerging new stack in AI, Databricks acquired Databricks Mosaic Research , a generative AI startup, for a staggering $1.3 billion!

Databricks is aggressively moving into the next phase of AI in a bid to stay up to date for an eventual and much awatied IPO.?MosaicML is all about helping businesses build their very own ChatGPT-like tools and Databricks hopes Mosaic will empower businesses to create their own AI-powered chatbots and virtual assistants.

There’s little doubt that interest in LLMs and Generative AI have surged since November, when AI startup OpenAI launched ChatGPT, and rocketed to 100M users in only three months.

With companies like Anthropic and OpenAI offering ready-made language models to businesses the generative AI market has expanded dramatically, creating openings for startups like MosaicML that say they can deliver similar models at lower cost, while customizing and tuning them to a company’s private data reserves.

“If you’re building a model from scratch, you know what you’re feeding it,” said Databricks Chief Executive Ali Ghodsi. A growing number of companies are concerned about privacy and security issues with LLMs and generative AI models and Databricks is hoping that many companies will turn to tools like Mosaic to build their own models that they control.

“Data has always been the key factor to success,” Krishna said.?That’s only getting clearer as LLMs take off like a rocket in software around the world.

Still, it remains to be seen whether companies really want to build their own models.?Many startups thought everyone would have 1000s of data scientists and be training their own models but it’s yet to come to pass as more powerful centralized models come online.?The question remains whether people will just use the centralized foundational models and occasionally fine tune them or whether they’ll really want to train their own models from scratch??It’s incredibly challenging to train your own models and it’s likely that companies will simply license models from larger companies with the dedicated firepower to improve and maintain them.

Time will tell which business strategy is correct or if there is room for both of them in the new AI landscape of tomorrow.

Midjourney Update Wows AI Artists With New “zoom out” Feature

Midjourney v5.2 is here, and it’s bringing some seriously cool features to the table. This latest update includes a mind-blowing “zoom out” feature that will make you feel like you’re behind the lens of a camera. And don’t worry if you’re still attached to the older versions of Midjourney, because they’re still available too.

The Future of Medicine: AI-Developed Drug Reaches Phase 2 Clinical Trials

The first-ever AI-developed drug has reached Phase 2 clinical trials. This new compound developed by cutting edge biotech firm Insilico Medicine is being used to treat Idiopathic Pulmonary Fibrosis (IPF), a condition that affects the lungs. By using generative AI models, scientists are able to identify molecules that can disrupt the target protein, potentially leading to more effective treatments. Not only does this have the potential to reduce the failure rate of candidate molecules, but it also opens up new possibilities for understanding human biology and improving our overall health.

Bestselling Authors Sue OpenAI for Copyright Infringement

In a continued push by artists to expand copyright, authors Mona Awad and Paul Tremblay,?have filed a lawsuit against OpenAI. The suite accused OpenAI of copyright infringement, as they allegedly trained their language models using copyrighted books. But that’s not all - OpenAI is also facing a broader class-action suit for allegedly lifting private information from internet users. The artists are hoping to halt to rise of artificial intelligence and create a copyright regime similar to the problematic music industry’s approach to punitive IP enforcement.

AI Companions: Transforming Relationships and Redefining Human-Computer Interaction

AI companions are no longer just a futuristic concept - they are becoming a part of our everyday lives. AI companions will soon become commonplace. What was once the domain of science fiction, the likes of WALL-E, or R2-D2, or the movie Her, is fast becoming a reality.?While it’s maybe not the best idea for people to give up on romance for romance with a machine, AI companions are getting developed for far more useful applications like language tutoring and provide mental health services and entertainment.

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