AI & RoboticsNews

AI2’s new model aims to be open and powerful yet cost effective

The Allen Institute for AI (AI2) released a new open-source model that hopes to answer the need for a large language model (LLM) that is both a strong performer and cost-effective. The new model, which it calls OLMoE, leverages a sparse mixture of experts (MoE) architecture. It has 7 billion parameters but uses only 1 billion parameters per input token. It has two versions: OLMoE-1B-7B, which is…
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AI & RoboticsNews

AI Tools: Crafting harmony or creating dependency?

As AI tools become increasingly integrated into our daily lives, we face a critical question: Are we harnessing their power to enhance our abilities, or are we slowly outsourcing our minds — or both? As an early adopter of generative AI tools like DALL-E, ChatGPT, Claude…
CryptoNews

Moscow Exchange Opts out of Russia's Crypto Trading Program

The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision follows the Russian State Duma’s July approval of a legislative package to legalize digital currencies, allowing exchange trading under the oversight of the…
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AI & RoboticsNews

Meet the new, most powerful open source AI model in the world: HyperWrite’s Reflection 70B

There’s a new king in town: Matt Shumer, co-founder and CEO of AI writing startup HyperWrite, today unveiled Reflection 70B, a new large language model (LLM) based on Meta’s open source Llama 3.1-70B Instruct that leverages a new error self-correction technique and boasts superior performance on third-party benchmarks. As Shumer announced in a post on the social network X, Reflection-70B now…
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Cleantech & EV'sNews

NIO beats Wall Street's expectations in Q2 earnings and reports record-high EV deliveries

NIO has shared its unaudited Q2 financial results for 2024, which detailed record-high EV deliveries that helped the automaker snag an even larger portion of the overall market in China. NIO also surpassed the expectations of financial gurus on Wall Street with its quarterly earnings. Time and again, NIO ($NIO) continues to demonstrate why it is one of the significant BEV players in China and the…
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