Like every big tech company these days, Meta has its own flagship generative AI model, called Llama. Llama is somewhat unique among major models in that it’s “open,” meaning developers can download and use it however they please (with certain limitations). That’s in contrast to models like Anthropic’s Claude, OpenAI’s GPT-4o (which powers ChatGPT) and…
Magic, an AI startup creating models to generate code and automate a range of software development tasks, has raised a large tranche of cash from investors including ex-Google CEO Eric Schmidt. In a blog post on Thursday, Magic said that it closed a $320 million fundraising round with contributions from Schmidt, as well as Alphabet’s…
Legal work is incredibly labor- and time-intensive, requiring piecing together cases from vast amounts of evidence. That’s driving some firms to pilot AI to streamline certain steps; according to a 2023 survey by the American Bar Association, 35% of law firms now use AI tools in their practice. OpenAI-backed Harvey is among the big winners…
Popular iPad design app Procreate is coming out against generative AI, and has vowed never to introduce generative AI features into its products. The company said on its website that although machine learning is a “compelling technology with a lot of merit,” the current path that generative AI is on is wrong for its platform. …
Amazon loses money on Echo smart speakers. It’s been an open secret for the duration of Alexa’s existence. It’s the product of the kind of loss leader strategy only a company of Amazon’s size can get away with for a decade. Selling hardware at a loss can be an effective strategy, of course. Think about…
Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Bloomberg says that the round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion. That’s more than double…
After years of dominance by the form of AI known as the transformer, the hunt is on for new architectures. Transformers underpin OpenAI’s video-generating model Sora, and they’re at the heart of text-generating models like Anthropic’s Claude, Google’s Gemini and GPT-4o. But they’re beginning to run up against technical roadblocks — in particular, computation-related roadblocks. Transformers aren’t especially…
When I attended the MIT Sloan CIO Symposium in May, it struck me that as I listened to CIOs talking about the latest technology — in this case generative AI — I was reminded of another time at the same symposium in around 2010 when the talk was all about the cloud. It was notable…
Generative AI models don’t process text the same way humans do. Understanding their “token”-based internal environments may help explain some of their strange behaviors — and stubborn limitations. Most models, from small on-device ones like Gemma to OpenAI’s industry-leading GPT-4o, are built on an architecture known as the transformer. Due to the way transformers conjure…
Like many AI companies, music generation startups Udio and Suno appear to have relied on unauthorized scrapes of copyrighted works in order to train their models. This is by their own and investors’ admission, as well as new lawsuits filed against them by music companies. If these suits go before a jury, the trial could…