Mistral's Ministral Models, Adobe's Firefly Video AI, Google's Shopping Overhaul, and ETH Zurich's EU AI Act Framework

Welcome to our weekly newsletter ??, your go-to source for the latest developments and trends in Generative AI.

Each edition brings you a curated selection of impactful news, insightful analyses, and exciting advancements from the dynamic world of generative AI. Stay tuned for a concise and informative exploration of this rapidly evolving field.

1. Mistral AI Unveils Cutting-Edge Edge Models: Ministral 3B and 8B

Mistral AI has introduced two new state-of-the-art models, Ministral 3B and Ministral 8B, designed for on-device computing and edge use cases. These models, collectively called "les Ministraux," outperform their peers in knowledge, reasoning, and efficiency for sub-10B category models, supporting up to 128k context length.

Available immediately, Ministral 3B and 8B offer innovative solutions for local, privacy-first inference in applications ranging from on-device translation to autonomous robotics, marking a significant advancement in edge AI capabilities Read more

2. Adobe Unveils Firefly Video Model with AI-Powered Video Generation Tools

Adobe has launched its Firefly Video Model, introducing new AI-powered video generation and editing tools. These include Generative Extend in Premiere Pro for extending footage, and Text-to-Video and Image-to-Video tools in the Firefly web app for creating short video clips from text prompts or images.

While currently limited in output length and quality, Adobe emphasizes the commercial safety of its AI-generated content and the ability to embed Content Credentials for transparency Read more

3. Google Unveils AI-Powered Transformation of Google Shopping

Google has announced a major overhaul of its Shopping platform, integrating advanced AI capabilities to enhance the online shopping experience. The new Google Shopping uses Gemini models to provide personalized recommendations, AI-generated briefs on product categories, and improved deal-finding tools.

Rolling out in the U.S. over the coming weeks, this update aims to simplify product research, offer more relevant results, and help users find the best prices across various stores Read more

4. ETH Zurich, INSAIT, and LatticeFlow AI Launch EU AI Act Compliance Framework for Generative AI

ETH Zurich, INSAIT, and LatticeFlow AI have introduced the first evaluation framework for Generative AI models under the EU AI Act. This initiative includes a technical interpretation of the Act, an open-source framework for evaluating Large Language Models, and the first compliance-centered assessment of public AI models from major tech companies.

The framework aims to help organizations ensure their AI systems are both high-performing and compliant with EU regulations. Read more

? Katonic Highlights

?? Katonic Ace in Action - Exclusive Webinar

Watch our exclusive webinar featuring Neel Jadhav, VP of Marketing & Growth, showcasing Katonic Ace in action!

Katonic Ace is an Enterprise Generative AI co-pilot that boosts productivity by allowing employees to easily search for information, get answers, and perform actions through a simple chat & search interface. Watch now

?? Introducing Kangaroo LLM: Australia’s First Home-Grown Open Source Large Language Model!

Launching in October 2024, Kangaroo LLM is a collaborative effort by Katonic AI, RackCorp, NEXTDC, Hitachi Vantara, and Hewlett Packard Enterprise. This innovative model is tailored for Australian English and features an Open Alliance for Australian businesses, crowdsourced data to capture the nation’s linguistic diversity, and a deep understanding of local humor and culture. It is 100% developed and hosted in Australia, powered by state-of-the-art hardware and advanced training through the Katonic Generative AI Platform.

Discover more about the future of Australian AI at https://kangaroollm.com.au/

Subscribe for more exciting AI updates in the future. Have a great weekend! ?