Microsoft announces partnership w/ Mistral AI
Plus OpenAI revamps its GPT Store
Today’s Highlights:
📰 News: Microsoft announces partnership w/ Mistral AI, Google+Reddit confirm partnership, and OpenAI revamps its GPT Store
💰 Funding: Figure AI is set to raise a $600M+ from Nvidia, Jeff Bezos, and others
⚡️ Top News Stories:
1.Microsoft partners with Mistral AI to boost AI innovation, introducing the advanced 'Mistral Large' model on Azure AI
The multi-year partnership aims to make Mistral AI’s premium models available through Azure AI Studio and Azure ML model catalog, expanding to global markets and fostering research collaboration.
“Mistral Large" is a general-purpose language model with advanced reasoning and knowledge capabilities, proficient in multiple languages and available first on Azure AI.
The collaboration focuses on supercomputing infrastructure, scaling Mistral AI’s models to market, and AI research and development, including training purpose-specific models for select customers.
Mistral Large has already proved its effectiveness in improving internal efficiency, medical terminology performance, and productivity.
2. Google and Reddit confirm and deepen their partnership, enhancing AI capabilities on Reddit and making content more accessible through Google products.
The partnership includes a new Cloud partnership enabling Reddit to integrate AI-powered capabilities using Google's Vertex AI, aimed at enhancing search and other features on the Reddit platform.
As part of the partnership, Google now has access to Reddit’s Data API, providing real-time, structured content from Reddit's platform, which will allow Google to access fresher information and better understand Reddit content for more accurate and relevant displays.
3. Meta prepares for EU's 2024 Parliament Elections with a $20Bn investment in safety, including advanced transparency tools, policies against election interference, and a dedicated team w/ an EU-specific Elections Operations Center
4. ElevenLabs has partnered with Perplexity to launch "Discover Daily," a short-form daily podcast that covers the latest headlines in innovation, science, and culture.
The podcast combines ElevenLabs' voice technology with Perplexity's search and content engine, offering curated knowledge in audio form for easy on-the-go engagement.
5. OpenAI revamps its GPT store with app store-like features, including ratings and detailed GPT descriptions, to enhance user interaction and feedback.
6. Google is integrating its chatbot Gemini directly into the Google Messages app, enhancing Android with new AI-driven features
7. NVIDIA launches RTX Ada GPUs for laptops, offering massive boosts in AI tasks and graphics, tailored for creators and engineers
8. NVIDIA's launches GEAR research group focused on creating multimodal foundation models and general-purpose robots for enhanced interaction in complex environments
9. Tyler Perry halts $800M studio expansion, citing AI advancements like OpenAI's Sora as a transformative force while calling for regulations and a collective industry response to safeguard jobs
10. Researchers from Princeton have developed an AI model that predicts and prevents plasma instabilities in donut-shaped tokamak reactors, crucial for sustaining nuclear fusion reactions
11. Microsoft has released the Python Risk Identification Toolkit for generative AI (PyRIT), a tool used by Microsoft's AI Red Team and designed to identify risks in gen-AI systems, to the public.
12. Jasper has acquired Clipdrop, an AI image creation and editing platform, from Stability AI, marking a significant enhancement in Jasper's offerings to enterprise marketing teams.
💰 Top Funding News:
1. Jeff Bezos, Nvidia, and other tech giants are investing in Figure AI, a startup developing human-like robots, with a funding round aiming to raise about $675M at a $2Bn pre-money valuation.
2. RobCo, which specializes in modular, affordable, and connected robotics automation solutions for SMEs, raised a $42.5M Series B from Lightspeed Venture Partners w/ Sequoia Capital, Kindred Capital, and Promus Ventures.
3. Reveleer, an AI-powered healthcare data and analytics company focused on advancing sustainable value-based care for health plans and risk-bearing providers, raised $65M in new capital in a financing round led by Hercules Capital, Inc.
4. Abridge, which specializes in generative AI for clinical documentation, raised a $150M Series C, led by Lightspeed Venture Partners, w/ Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham Artificial Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and CVS Health Ventures.