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Mistral unveils Pixtral 12B, a multimodal AI model that can process both text and images
Mistral AI, a Paris-based artificial intelligence startup, today unveiled its latest advanced AI model capable of processing both images and text. The new model, called Pixtral 12B, employs about 12 billion parameters and is the first of its models capable of vision encoding, making it possible for it to “see” images alongside text. The new ...
Quantum Source nabs $50M to develop practical, large-scale quantum computing
Tel Aviv-based startup Quantum Source Labs Ltd. today announced that it has raised $50 million in early-stage funding with the aim to develop cost-effective, practical quantum computing solutions at large scale that can unlock the commercial potential for the new technology. The company’s Series A funding round was led by Eclipse and also joined by ...
Apple announces iPhone 16 lineup focused on AI, Watch 10 and new AirPods 4
Apple Inc. rolled out its new iPhone 16 lineup today with a focus on artificial intelligence during the company’s “It’s Glowtime” event alongside new custom silicon that will power its phones and the company’s Apple Intelligence machine learning capabilities. In addition to the new phones and chips, Apple also announced the next generation of Apple ...
Sedric AI raises $18.5M to expand compliance-dedicated LLM platform for finance
Sedric AI, a startup that develops a dedicated compliance large language model for financial services, said Thursday it has raised $18.5 million in an early-stageA funding round led by Foundation Capital. The company’s Series A funding round was also joined by new investor Amex Ventures and existing investors including StageOne Ventures and The Garage. Including ...
Salesforce releases AI ‘large action models’ to power autonomous agents with data and actions
Salesforce Inc. today announced the open-source release of its in-house family of “large action models,” called xLAM, that it says offer lower cost and higher accuracy than much bigger artificial intelligence large language models on the market today. The company also announced xGen-Sales, a proprietary model trained to handle complex autonomous sales tasks and enhance Agentforce, ...
YouTube works to address AI-generated content management for creators with new tools
To safeguard creators on its platform and maintain the integrity of their content, Google LLC-owned YouTube today unveiled upcoming tools to detect and manage content generated through artificial intelligence. The company said it developed a new synthetic singing detection technology within its automated content identification system, Content ID, capable of labeling artificially generated voices. This ...
Verizon acquires Frontier for $20B to expand fiber network services
Verizon Communications Inc. said today that it has acquired fiber optic networking company Frontier Communications Parent Inc. in an all-cash deal valued at $20 billion. The Wall Street Journal initially reported the upcoming deal on Wednesday, which the two companies confirmed today. According to the agreement, Verizon is set to purchase Frontier for $38.50 per share ...
Stability AI launches three most advanced text-to-image models on Amazon Bedrock
Generative artificial intelligence startup Stability AI Ltd. announced today that three of its most advanced text-to-image AI models are now available on Amazon Web Services Inc.’s cloud infrastructure through Amazon Bedrock. The company said that it is bringing Stable Image Ultra, Stable Diffusion 3 Large and Stable Image Core to Amazon’s cloud so that businesses ...
Seekr debuts SeekrFlow platform for training and deploying trustworthy enterprise-ready AI
Seekr Technologies Inc., an enterprise-ready artificial intelligence platform building trust into the application lifecycle, today announced the launch of its self-service AI product SeekrFlow that will allow enterprise customers to train, validate, deploy and scale up AI apps. As more companies embrace AI technology in their businesses, many have discovered that projects that integrate AI ...
Anthropic introduces Claude Enterprise plan with double context window, enhanced security
Anthropic PBC today introduced a new Claude Enterprise plan aimed at business customers that will allow them to work with trusted internal knowledge and the company’s artificial intelligence models securely at large scale. Key features of the new Enterprise plan open up the company’s Claude large language model family with a gigantic 500,000-token context window, ...