AI Weekly News Updates
Hey people, it's that time of the week again! As I bring to you the latest happenings making rounds in the world of AI...
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Elon Musk's xAI Startup Nears $6 Billion Fundraising Mark
Elon Musk’s artificial intelligence startup X.AI Corp. is on the brink of sealing a monumental deal to raise $6 billion, skyrocketing its valuation to a staggering $18 billion. As reported by Yahoo Finance
X Set to Launch Dedicated TV App for Social Network Videos
According to Tech Crunch. X, formerly known as Twitter, is gearing up to unveil a dedicated TV app for videos uploaded to the platform. CEO Linda Yaccarino announced the upcoming launch, promising real-time, engaging content delivered straight to smart TVs.
Zuckerberg Opens Meta Quest OS to Third Parties, Partnerships With Asus and Lenovo in the Works.
Mark Zuckerberg announces the opening of the Meta Quest operating system to third-party developers, with exciting collaborations already in progress with tech giants Asus and Lenovo. As announced by Zuck on threads
Microsoft Launches Phi-3 Mini: Next-Gen Lightweight AI Model
Microsoft introduces Phi-3 Mini, the latest iteration of its lightweight AI model series. With 3.8 billion parameters, this model promises enhanced AI experiences and accessibility across Azure, Hugging Face, and Ollama platforms. As reported by Verge.
Apple Acquires Datakalab, Paving the Way for On-Device AI Tools
Apple's acquisition of Paris-based AI startup Datakalab hints at the integration of on-device AI tools in the upcoming iPhone 16 models, promising improved privacy and faster response times for AI applications. A source on LinkedIn disclosed this.
OpenAI Startup Fund Closes $15M Tranche
The OpenAI Startup Fund secures a $15 million tranche, fueling investments in early-stage AI-related companies across diverse sectors such as education, law, and the sciences. As reported by Techcrunch.
Nvidia Acquires Run:ai, Simplifying AI Hardware Infrastructure Management
Nvidia announces the acquisition of Tel Aviv-based company Run:ai, streamlining the management and optimization of AI hardware infrastructure for developers and operations teams. As reported by Techcrunch.
Perplexity Raises Funds for AI Search Engine
Perplexity, the AI search engine startup, is raising at least $250 million, aiming for a valuation between $2.5 billion and $3 billion to propel its innovative AI-driven search capabilities.
Apple Intensifies Talks With OpenAI for iPhone Generative AI Features
Apple intensifies discussions with OpenAI to incorporate the startup’s technology into upcoming iPhone models, promising groundbreaking generative AI features to enrich user experiences... as reported by Bloomberg
It’s a rap, until next time, stay curious and keep exploring! for more AI and Tech news follow https://www.dhirubhai.net/in/samuelchima/