Generative AI Startup Mistral Raises $113M to Rival Google and OpenAI

Overview Paris-based Mistral AI has raised $113m in a seed funding round led by Lightspeed Venture Partners. The generative AI start-up, which came out of stealth last month, has plans for publishing open-source large language models and generative AI tools for enterprise next year. The company, which was founded by former Meta and Google DeepMind… Continue reading Generative AI Startup Mistral Raises $113M to Rival Google and OpenAI

University of Michigan’s Seagull Wins Amazon’s Inaugural Alexa Prize SimBot Challenge

Overview The University of Michigan’s Seagull virtual robot has won Amazon’s first Alexa Prize SimBot Challenge. The competition aims to encourage research in combining digital robots with AI and included teams from universities worldwide. The Seagull team, made up of nine University of Michigan students and their faculty advisor, received $500,000 for their project’s performance… Continue reading University of Michigan’s Seagull Wins Amazon’s Inaugural Alexa Prize SimBot Challenge

OpenAI Upgrades Language Models and Cuts API Prices for Generative AI Chatbots

Overview OpenAI has launched updated versions of its GPT-3.5 Turbo and GPT-4 large language models, as well as a new “function calling” feature that enables developers to describe a program operation conversationally to the AI, which will then generate computer code. This opens doors for conversational generative AI chatbots, allowing developers to retrieve information beyond… Continue reading OpenAI Upgrades Language Models and Cuts API Prices for Generative AI Chatbots

Salesforce Ventures Commits $500M to Generative AI Startups and Launches AI Cloud

Overview Salesforce Ventures has increased its investment in generative AI start-ups to $500m and launched the AI Cloud suite of generative AI tools. The Generative AI Fund has already invested in the likes of Cohere and Hearth.AI, and will now fund Humane, a maker of screenless AI assistants for wearables, and Tribble, which develops function… Continue reading Salesforce Ventures Commits $500M to Generative AI Startups and Launches AI Cloud

Google Opens Access to Vertex AI’s Generative AI for Enterprises

Overview Google has opened access to its generative AI support for its machine learning platform Vertex AI after completing its beta testing phase. Enterprises can now embed Vertex’s generative AI features into their software, using the foundation models in the Model Garden introduced at Google I/O this year. The update to Vertex AI also includes… Continue reading Google Opens Access to Vertex AI’s Generative AI for Enterprises

Bing AI Chatbot on Windows 11 Now Offers Voice Input and Vocal Responses with Bing Image Creator

Overview Microsoft’s Bing AI chatbot on Windows 11 now offers voice input and vocal responses, as well as the Bing Image Creator, which was unveiled in March. Voice input is now available on the desktop version of Bing, with the new text-to-speech tool giving Bing its own voice in response. The AI chatbot uses OpenAI’s… Continue reading Bing AI Chatbot on Windows 11 Now Offers Voice Input and Vocal Responses with Bing Image Creator

“Adobe’s Express Mobile App Gets a Boost with Firefly Generative AI Tools and Google Bard Integration”

Overview Adobe has integrated the Firefly portfolio of generative AI tools into a new beta of its Adobe Express mobile app. The updated version allows users to make and edit documents, images, videos, and presentations as the desktop versions of the Adobe Creative Cloud products. They can be synced to the cloud and shared with… Continue reading “Adobe’s Express Mobile App Gets a Boost with Firefly Generative AI Tools and Google Bard Integration”

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