As the AI video wars continue to wage with new, realistic video generating models being released on a near weekly basis, early leader Runway isn’t ceding any ground in terms of capabilities.
Rather, the New York City-based startup — funded to the tune of $100M+ by Google and Nvidia, among others — is actually deploying even new features that help set it apart. Today, for instance, it…
The show’s not over: 2024 sees big boost to AI investment
November 4, 2024
Global AI deal volumes reached 1,245 during Q3 2024, a level not seen since Q1 2022 reflecting how confident and resilient investors are about investing in AI.
With a 24% year-over-year growth, global AI deals far outpaced the -10 % quarter-over-quarter (QoQ) declines across…
AI on your smartphone? Hugging Face’s SmolLM2 brings powerful models to the palm of your hand
November 4, 2024
Hugging Face today has released SmolLM2, a new family of compact language models that achieve impressive performance while requiring far fewer computational resources than their larger counterparts.
The new models, released under the Apache 2.0 license, come in three sizes…
Why multi-agent AI tackles complexities LLMs can’t
November 4, 2024
The introduction of ChatGPT has brought large language models (LLMs) into widespread use across both tech and non-tech industries. This popularity is primarily due to two factors:
LLMs as a knowledge storehouse: LLMs are trained on a vast amount of internet data and are updated at regular intervals (that is, GPT-3, GPT-3.5, GPT-4, GPT-4o, and others);
Emergent abilities: As LLMs grow, they…
Midjourney launches AI image editor: How to use it
October 30, 2024
Midjourney, the hit AI image generation startup founded and run by former Magic Leap engineer David Holz, is wowing users with a new feature unveiled last night: AI image editing.
As a good portion of Midjourney’s 20 million+ users (including some of us at VentureBeat)…
Meta Platforms has created smaller versions of its Llama artificial intelligence models that can run on smartphones and tablets, opening new possibilities for AI beyond data centers.
The company announced compressed versions of its Llama 3.2 1B and 3B models today that run…
AI agents must solve a host of tasks that require different speeds and levels of reasoning and planning capabilities. Ideally, an agent should know when to use its direct memory and when to use more complex reasoning capabilities. However, designing agentic systems that can properly handle tasks based on their requirements remains a challenge.
In a new paper, researchers at Google DeepMind…
I’m a writer and always have been. My writing skills are undeniably central to my career as an in-house public relations leader and communications strategist. Admittedly, I scoffed at the notion of generative AI coming for my job. How could a soulless machine match my…
The number of platforms being released to help enterprises integrate AI agents into their technology stack is not slowing down as the year winds down. Work management platform Asana already has an AI agent service, but with its new AI Studio feature, the company wants its…
Stable Diffusion 3.5 debuts as Stability AI aims to improve open models for generating images
October 28, 2024
Stability AI is out today with a major update for its text to image generative AI technology with the debut of Stable Diffusion 3.5. A key goal for the new update is raise the bar and improve upon Stability AI’s last major update, which the company admitted didn’t live up to its own standards. Stable Diffusion 3 was first previewed back in February and the first open model version became…
