Inception, a subsidiary of Abu Dhabi-based G42 firm specializing in machine intelligence, the California-based Cerebras research company, and the Mohammed bin Zayed University of Artificial Intelligence (MBZUAI) have developed a large language model called Jais.
Palantir Technologies has been downgraded at Morgan Stanley, which is the latest signal of Wall Street’s skepticism about this company specializing in software development and positioning itself as a major player in the sphere of artificial intelligence.
The Brazilian company Praso, which provides a distribution platform for small retailers, announced the raising of $9.3 million in investment funds and announced the acquisition of the intellectual property of Floki, a brand that uses AI to automate purchases in small bars and restaurants.
Amazon has expanded its ownership structure as a result of the acquisition of Fig, which is a manufacturer of an autocomplete tool for terminals used by developers.
The media reported that the annual revenue of OpenAI is approaching the landmark mark of $1 billion.
The media reported that Google intends to license mapping data sets to companies that create products using renewable energy sources.
OpenAI announced the launch of the corporate version of ChatGPT, within which additional functions and privacy guarantees are available to users.
The Stellar company, which is based in Indianapolis, has officially declared its mission aimed at providing assistance to enterprises in achieving competitive advantages by introducing generative artificial intelligence, machine learning, and large language models into the structure of their activities.
Kenyan telecommunications company Safaricom has launched its M-Pesa mobile payment service in Ethiopia.
Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.
SoftBank Group plans to send its Indian startup founders to Silicon Valley in September, where they will get acquainted with the specifics of the field of artificial intelligence and the features of advanced technology.
A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.
Alibaba Cloud has developed two open-source artificial intelligence models that are able to recognize information contained not only in text materials but also in images.
Reddit announced the launch of a moderator assistance program.
The Hugging Face startup, which operates in the area of artificial intelligence, announced that it managed to raise investment funds for $235 million following the results of the Series D funding round.
TD Bank announced cooperation with regulators and law enforcement agencies in the framework of the proceedings concerning the lender’s compliance with the provisions of the normative base defining the legal principles of combating money laundering.
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