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OpenAI faces diminishing returns with latest AI model

AI News

This situation with its latest AI model emerges at a pivotal time for OpenAI, following a recent funding round that saw the company raise $6.6 With this financial backing comes increased expectations from investors, as well as technical challenges that complicate traditional scaling methodologies in AI development.

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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 company’s 8 billion parameter pretrained model also sets new benchmarks on popular LLM evaluation tasks: “We believe these are the best open source models of their class, period,” stated Meta.

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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. See also: UMG files landmark lawsuit against AI developer Anthropic Want to learn more about AI and big data from industry leaders?

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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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Databricks + Snorkel Flow: integrated, streamlined AI development

Snorkel AI

In todays fast-paced AI landscape, seamless integration between data platforms and AI development tools is critical. At Snorkel, weve partnered with Databricks to create a powerful synergy between their data lakehouse and our Snorkel Flow AI data development platform.

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Elon Musk sues OpenAI over alleged breach of nonprofit agreement

AI News

Musk, who has long voiced concerns about the risks posed by AI, has called for robust government regulation and responsible AI development. See also: Mistral AI unveils LLM rivalling major players Want to learn more about AI and big data from industry leaders?

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UK secures £6.3B in data infrastructure investments

AI News

These new facilities will provide the UK with increased computing power and data storage capabilities, essential for training and deploying next-generation AI technologies. The largest single investment comes from Washington DC-based CloudHQ, which plans to develop a £1.9 in data infrastructure investments appeared first on AI News.

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