Mistral AI, a new Paris-based startup, has raised $113 million to compete with OpenAI in large-language models and generative AI. They plan to focus on open-source and enterprise solutions, with text-based generative AI models set for release by 2024.
Google CEO Sundar Pichai discusses the trend of ex-employees creating startups and the company's chatbot strategy. Despite layoffs earlier this year, Pichai is optimistic about Google's future in AI.
Oracle partners with Toronto-based AI startup, Cohere, to offer enterprise customers an alternative method to build generative AI apps using their own data. Cohere raised $270M in a series C funding round, with big tech names including NVIDIA, Salesforce Ventures, and SentinelOne. Oracle will be embedding Cohere's AI technology, and Cohere will use Oracle's cloud to train, build, and deploy its AI models. This partnership looks similar to Microsoft's investment in OpenAI, but Cohere is designed for enterprise customers, allowing them to use their own data to train their AI models without sharing it.
Discover London-based startup Synthesia, revolutionizing the world of generative AI with their virtual avatar technology. With $90m raised, this unicorn valuation is one to watch! #Synthesia #AI #startup
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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?