AI+
Meta Holds Off on EU Release of Multimodal AI Model Due to Regulatory Constraints
July 18, 2024 – According to a report by Axios, Meta has announced in a statement that they are set to unleash a multimodal Llama model; however, due to the uncertainty of the regulatory environment, the model will not be released in the European Union. Meta clarified that this decision implies that even if the…
UK Regulator Probes Microsoft’s Transactions with Inflection AI
July 17, 2024 – The UK’s Competition and Markets Authority (CMA) announced on July 16th that it is investigating Microsoft’s hiring of several former employees of Inflection AI and the arrangements made with the company. The regulatory body has expressed concerns that these actions could potentially lead to a “substantial lessening of competition.” In its…
OpenAI on the Brink: Nearly Attaining the Second Tier of AGI Development
July 12, 2024 – In a groundbreaking move, OpenAI has unveiled a five-tier framework for assessing the progress towards Artificial General Intelligence (AGI), marking a significant milestone in the evolution of AI capabilities. Senior executives within the company have shared with their staff that OpenAI currently positions itself at the initial stage of this hierarchy,…
Graphcore’s Fate Sealed: British AI Chipmaker Now Under SoftBank’s Wing
July 12, 2024 – In a major shakeup within the AI chip landscape, Japan’s SoftBank Group has officially acquired Graphcore, a struggling British AI chipmaker, in a deal that will see the latter operate as a wholly-owned subsidiary under SoftBank’s umbrella while retaining its brand identity. The financial terms of the transaction remain undisclosed. Founded…
FTC Examines Investment Relationship between Microsoft and OpenAI
July 11, 2024 – The Federal Trade Commission (FTC) has announced an investigation into five major technology companies, including Microsoft. The probe primarily focuses on reviewing whether these companies have engaged in monopolistic practices in their investments and collaborations within the AI sector. Additionally, the FTC aims to gain insights into the current competitive landscape…
DeepMind CEO Asserts: Current AI’s Comprehensive Intelligence Lags Behind House Cats
July 10, 2024 – In a groundbreaking revelation at the prestigious “Future of Britain 2024” conference hosted by the Global Institute for Transformation, Demis Hassabis, the visionary CEO of Google DeepMind, painted a nuanced picture of the current state of Artificial Intelligence (AI). Hassabis, engaging in a candid dialogue with former British Prime Minister Tony…
OpenAI Board Independence Strengthened as Microsoft and Apple Withdraw Observer Seats
July 10, 2024 – Microsoft has announced its decision to relinquish its observer seat on the OpenAI board of directors, citing the “significant advancements” made by OpenAI over the past eight months and expressing confidence in the company’s future trajectory, thereby deeming the seat no longer necessary. In a letter addressed to OpenAI, Microsoft confirmed…
Amazon Discontinues Astro Security Robot for Business After Short Run
July 04, 2024 – Less than eight months after its introduction, Amazon has announced the discontinuation of its Astro security robot for business use. In November 2023, Amazon unveiled Astro for Business, positioning it as a workplace security robot priced at $2,349.99. This innovative robot could move autonomously or be controlled via remote, featuring a…
Meta’s First AR Glasses to Be a ‘Time Machine’ for the Future
July 03, 2024 – Last week, Mark Zuckerberg, the CEO of Meta, publicly discussed the company’s AR glasses prototype, hinting at its possible debut at Meta Connect 2024 in September. According to Zuckerberg, early testers have expressed great excitement after trying out the prototype. Echoing Zuckerberg’s sentiments, Meta’s Chief Technology Officer, Andrew Bosworth, spoke about…
Elon Musk’s xAI Unveils Plans for Groundbreaking AI Models: Grok-2 and Grok-3
July 02, 2024 – Elon Musk, the renowned tech entrepreneur, has recently announced that his artificial intelligence startup, xAI, is set to unveil its large language model, Grok-2, in August. This new model promises to usher in more advanced AI capabilities, marking a significant milestone in the field of artificial intelligence. While the highly anticipated…