"Cohere Inc., an Artificial Intelligence (AI) startup based in Toronto, is raising up to $250 million from multiple investors, including Inovia Capital, Index Ventures and Thomvest Ventures, potentially increasing its valuation to above $2 billion. Cohere provides an LLM platform to create, summarize and interpret text, which could be used in chatbots and search engines. The potential risks of AI technology has been acknowledged, and the investment could mean that Cohere has potential to compete with OpenAI, Alphabet Inc, and Anthropic."
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This ruling by the US Supreme Court will have enormous implications on the future of content online and artificial intelligence like OpenAI's ChatGPT. With this case at hand, the decisions will define legal boundaries for tech companies and AI models when it comes to content recommendations. Will tech companies and AI tools be exempt from legal responsibility or be held accountable? Keep an eye out as the Supreme Court will decide in the coming months.
. Epic Systems Corp and Microsoft Corp join forces to leverage the power of AI and open source platforms such as GTP-4 delivered by OpenAI LP services, to improve the productivity of healthcare providers. From helping clinicians to explore medical problems with self-service reporting tools to aiding managers in understanding the operational efficiency of their hospitals, these technologies can empower healthcare firms. Visualize the potential of transforming mundane tasks and automating complex workflows with AI.
Advantest, the leading provider of testing and measuring instruments used for semiconductor development, FPD and production processes, is being buoyed by the growing demand for AI-enabled chip-testing devices. Talk about the the global race for devleoping powerful computing clusters and AI-training led by giants like Microsoft Corp. and Alphabet Inc. and Advantest's 36% share surge in 2020; Advantest promises to be an invaluable beneficiary from the rise of AI.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?