AI underwent a paradigm shift in November 2022, pivoting from a technology advancing in the background to a frontstage disruptor. Fast forward to now and we’ve already reached the next phase of generative AI, with consumers embracing the technology and organizations beginning to invest at-scale.
Gen AI stands to fundamentally shift how businesses function and thrive. Put simply, it will rework…
As generative AI, and in particular large language models (LLMs), are being used in more applications, ethical issues like bias and fairness are becoming more and more important. These models, trained on massive datasets, often reproduce societal biases present in the…
Salesforce has unveiled an AI model that punches well above its weight class, potentially reshaping the landscape of on-device artificial intelligence. The company’s new xLAM-1B model, dubbed the “Tiny Giant,” boasts just 1 billion parameters yet outperforms much…
Bitmagic has raised $4 million to advance its plan to use generative AI to enable consumers to build 3D games based on text prompts. The Helsinki, Finland company also announced the immediate public availability of the Bitmagic platform on Steam Playtest. This milestone underscores Bitmagic’s mission to democratize game development through its innovative text-to-game platform, enabling anyone…
As I’ve been organizing VB Transform, our event next week focused on enterprise generative AI, I’ve noticed a stark shift in the scores of conversations I’m having with tech leaders. A year ago, it was all about how to embrace the magic of OpenAI’s GPT-4 throughout…
Operating systems are variously defined in as many shades nuance as there are stars in the sky, because we’re all nerds here — and this is important, stick with me. It can be defined as software that identifies and configures physical and logical devices, or defined as…
The impact of generative AI on the finance industry is a topic of intense debate among experts. Major financial institutions are rapidly integrating generative AI into their operations. Goldman Sachs has deployed its first generative AI tool across the firm, focusing on market analysis and creating a copilot assistant for investment bankers. JP Morgan has implemented AI in its fraud detection…
A week ago, ElevenLabs, the AI voice startup founded by former Google and Palantir engineers, made headlines with its first major consumer-centric product – a Reader app.
Currently available on iOS, the product is a dedicated voiceover solution that converts any text file…
Apple, in collaboration with the Swiss Federal Institute of Technology Lausanne (EPFL), has released a public demo of their 4M AI model on the Hugging Face Spaces platform. This launch comes seven months after the model was initially open-sourced, and represents an important…
LMSYS launches ‘Multimodal Arena’: GPT-4 tops leaderboard, but AI still can’t out-see humans
July 1, 2024
LMSYS organization launched its “Multimodal Arena” today, a new leaderboard comparing AI models’ performance on vision-related tasks. The arena collected over 17,000 user preference votes across more than 60 languages in just two weeks, offering a glimpse into the current state of AI visual processing capabilities. ?Exciting News — we are thrilled to announce Chatbot Arena’s Vision…
