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The exponential expenses of AI development

AI News

This dichotomy has led Bloomberg to aptly dub AI development a “huge money pit,” highlighting the complex economic reality behind today’s AI revolution. At the heart of this financial problem lies a relentless push for bigger, more sophisticated AI models.

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New AI training techniques aim to overcome current challenges

AI News

Reportedly led by a dozen AI researchers, scientists, and investors, the new training techniques, which underpin OpenAI’s recent ‘o1’ model (formerly Q* and Strawberry), have the potential to transform the landscape of AI development. Scaling the right thing matters more now,” they said.

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Meta raises the bar with open source Llama 3 LLM

AI News

Meta has introduced Llama 3 , the next generation of its state-of-the-art open source large language model (LLM). The tech giant claims Llama 3 establishes new performance benchmarks, surpassing previous industry-leading models like GPT-3.5 in real-world scenarios.

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Deutsche Telekom and SK Telecom partner on telco-focused LLM

AI News

SK Telecom and Deutsche Telekom have officially inked a Letter of Intent (LOI) to collaborate on developing a specialised LLM (Large Language Model) tailored for telecommunication companies. This will elevate our generative AI tools.” The comprehensive event is co-located with Digital Transformation Week.

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Microsoft to forge AI partnerships with South Korean tech leaders

AI News

Collaboration topics with LG Electronics will include integrating AI technologies into home appliances, a move that will boost Microsoft’s competitive edge against rivals like Google and Meta. These meetings are timely, as the global tech landscape sees an increased focus on AI development. billion globally.

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Tech industry giants urge EU to streamline AI regulations

AI News

The letter expresses frustration with the uncertainty surrounding data usage for AI model training, stemming from interventions by European Data Protection Authorities. This ambiguity, they argue, could result in Large Language Models (LLMs) lacking crucial Europe-specific training data.

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Authors file lawsuit against Anthropic over ‘pirated’ works

AI News

The case joins similar lawsuits against other AI companies like Microsoft and OpenAI over using copyrighted material to develop large language models. It highlights growing tensions between content creators and AI firms regarding intellectual property rights.

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