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 larger models in function-calling tasks, including those from industry leaders OpenAI and Anthropic. Meet Salesforce Einstein…
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…
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 software with assistant, management and monitoring capabilities, or defined as a revolution in the history of computing…
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…
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 step in expanding access to sophisticated AI technology. The public demo allows a wider range of users to interact with and…
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…
The era of generative AI is here, ushered in by neural networks capable of generating new data, creating content and making informed decisions based on extensive training datasets. But exactly what generative AI looks like is increasingly an open question: While ChatGPT…
Nvidia leads the age of AI hardware. The company’s high-performance GPUs are being used by some of the biggest technology companies in the world to power the training and inference for some very large models. But, as the Jensen Huang-led giant continues to thrive, a batch of smaller AI hardware companies has also come to the fore, targeting specific niches within the domain. Today, one such…
