SoftBank Reportedly to Invest up to $20 Million in AI Search Engine Perplexity Following Strategic Partnership

June 28, 2024 –In a significant move that underscores its commitment to accelerating investments in the artificial intelligence (AI) sector, SoftBank Group’s Vision Fund 2 is poised to invest between 10and20 million in Perplexity AI, an up-and-coming American AI search engine startup, valuing the company at an impressive 3billion.Thisinvestment,accordingtoBloombergsourcesfamiliarwiththematter,formspartofalarger250 million funding round that will propel…

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Microsoft’s Phi-1.5: A Game-Changing 1.3 Billion-Parameter Language Model

September 12, 2023 – Microsoft Research Institute unveiled its latest innovation yesterday: the phi-1.5, a groundbreaking pre-trained language model boasting a staggering 1.3 billion parameters. This new model promises to excel in a wide range of applications, including QA (Question-Answer) systems, chatbots, and even code generation. Phi-1.5 draws its strength from a diverse range of…

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Musk and Tesla Face Copyright Infringement Suit Over AI ‘Blade Runner’ Images, Plan to Dismiss Case

February 6, 2025 – Tesla and its CEO, Elon Musk, are embroiled in a copyright infringement lawsuit brought by Alcon Entertainment, the production company behind the film “Blade Runner 2049”. The suit alleges that Musk and Tesla unlawfully used AI-generated images in the “Blade Runner” style during a Tesla press conference, violating Alcon’s copyrights. According…

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Intel Spins Off FPGA Business as New Independent Company ‘Altera’ to Bolster AI and Edge Capabilities

March 01, 2024 – In a significant move, Intel has announced the formation of a wholly-owned and independently operated FPGA company, “Altera,” following the establishment and independent accounting of Intel Foundry. Known for inventing the world’s first programmable logic device, particularly renowned for its FPGA technology, Altera was acquired by Intel in 2015 for $16.7…

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AlphaFold 3 Revolutionizes Biomolecule Prediction, Ushering in a New Era of AI in Cell Biology

May 09, 2024 – A collaboration between Google DeepMind and Isomorphic Labs has led to the creation of AlphaFold 3, the latest artificial intelligence model that has made its debut in the prestigious scientific journal Nature. This cutting-edge model boasts remarkable precision in predicting the structures and interactions of all types of biomolecules, encompassing proteins,…

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