Daily Dose of Tech | 2024-01-30
?? Meta Launches Code Llama 70B for Advanced AI Coding, ?? Rebellions Raises $124M with Samsung for AI Chip Innovation, ?? Microsoft's AI Drive Boosts Revenue, Tops Market Valuation, ?? Get AWS Certified with a Free Exam Retake!
Hey there, Tech Enthusiasts! ??
Welcome to Edition 36 of my Daily Dose of Tech, your hub for all things Tech, Cloud Computing & AI. Stay updated with the latest news, expert insights, practical tips, and spotlights on emerging tech trends. Let's dive right in!
?? Meta Launches Code Llama 70B for Advanced AI Coding
Meta has upgraded its AI model, Code Llama, to a 70 billion parameter version, positioning it as a strong competitor in AI code generation. The new Code Llama 70B improves upon its predecessors in handling more complex queries with greater accuracy, making it a valuable tool for developers in code generation and debugging. It's built on the Llama 2 architecture, trained with 1TB of code data, and freely available on Hugging Face for research.
The expansion includes specialized tools like Code Llama - Python and Code Llama - Instruct, targeting specific programming needs. CodeLlama-70B-Python offers enhanced Python code generation, while CodeLlama-70B-Instruct, excelling in understanding and executing natural language instructions, competes closely with top models like GPT-4 in benchmarks, indicating its proficiency in a variety of coding tasks.
Code Llama 70B represents a leap in AI-assisted coding, providing a secure, scalable solution for enterprises and a step forward in AI coding tools' democratization. Its performance and accessibility underscore Meta's commitment to advancing AI technology in coding, offering developers an efficient and intuitive tool for various programming challenges.
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?? Rebellions Raises $124M with Samsung for AI Chip Innovation
Rebellions, a South Korean startup, has raised $124 million in a Series B funding round to further develop its AI chip technologies, including the new Rebel chip, and enhance its Atom chip production for data centers. Surpassing its initial goal, this funding boosts Rebellions' valuation to $658 million and total investment to $210 million since its 2020 inception. The investment reflects the growing interest in efficient AI chip solutions amid the industry's search for alternatives to current market leaders.
Amidst a competitive chip industry landscape, Rebellions' partnership with Samsung marks a strategic move to develop the Rebel chip, targeting the generative AI market with advanced fabrication and memory technologies. This collaboration aims to complete Rebel's development by the end of this year and start mass production in 2025, promising a versatile AI chip capable of supporting various generative AI models.
This significant funding and partnership with Samsung signal Rebellions' ambitious push into the AI chip market, focusing on versatility and efficiency. With plans to generate revenue from its Atom chip and explore edge computing applications with the Ion chip, Rebellions is positioning itself as a key player in the AI chip industry's future.
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?? Microsoft's AI Drive Boosts Revenue, Tops Market Valuation
Microsoft is set for a 15.8% revenue jump, driven by demand for its AI-enhanced cloud services, overtaking Apple with a $3 trillion valuation. The company's focus on generative AI, including a significant investment in OpenAI, positions it at the forefront of AI technology adoption. Its AI tool, Copilot, and strong demand for Azure AI services underscore Microsoft's competitive edge in the cloud and AI sectors.
Azure's expected growth and the company's strategic AI deployments are boosting its market share against AWS and Google Cloud. Meanwhile, the personal computer market's recovery is likely to enhance Microsoft's Windows and devices segment. Despite higher operating expenses and some layoffs, Microsoft's stock performance and its role in the tech sector's rally highlight its robust market position and the promising outlook of its AI-driven initiatives.
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Hey there, I'm Tobias Schümann, the visionary behind Cloud Consulting Europe.
I'm passionate about reshaping industries using cutting-edge cloud tech, AI, and innovation. Throughout Europe, I've led various projects, from smooth cloud migrations to game-changing IoT solutions.
Bagging all 12 AWS certifications shows how deep I'm into mastering the cloud. I love discussing digitization and the ever-changing world of technology.
Let's chat and explore the endless possibilities of tech together or simply let me know about other tech topics I should cover in the future. Gladly also by mail: [email protected].
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