OpenAI’s ambitious plans to develop its own semiconductor chips for powering advanced AI models could receive a boost from the United Arab Emirates (UAE), according to a report by the Financial Times. The report states that MGX — a state-backed group in Abu Dhabi — is…
Inflection-2.5: The Powerhouse LLM Rivaling GPT-4 and Gemini
Inflection AI has been making waves in the field of large language models (LLMs) with their recent unveiling of Inflection-2.5, a model that competes with the world’s leading LLMs, including OpenAI’s GPT-4 and Google’s Gemini. Inflection AI’s rapid rise has been further fueled by a massive…
Will the EU’s AI Act Set the Global Standard for AI Governance?
In an unprecedented move, the European Parliament officially passed the Artificial Intelligence Act (AI Act), a comprehensive set of regulations designed to govern the rapidly evolving field of artificial intelligence. This groundbreaking legislation, marking a first in the realm of AI governance, establishes a framework for…
Anthropic says Claude 3 Haiku is the fastest model in its class
Anthropic has released Claude 3 Haiku, the fastest and most affordable AI model in its intelligence class. Boasting state-of-the-art vision capabilities and strong performance on industry benchmarks, Haiku is touted as a versatile solution for a wide range of enterprise applications. The model is now available…
AI for Money Managers: Avoid the Black Box – And Do This Instead
Humans have long worried that they would eventually create a technology they couldn’t control – and, at least to some extent, those worries have materialized. That’s true in the investment sector as well. We’ve heard stories about how artificial intelligence is able to “pick winners” and make overnight…
LXT’s Report ‘The Path to AI Maturity 2024’: Unmasking the Future of AI Innovation and Corporate Transformation
In an era where artificial intelligence (AI) transcends the boundaries of imagination, shaping the very core of how businesses innovate and compete, LXT’s groundbreaking report, “The Path to AI Maturity,” stands as a beacon for corporate leaders and innovators alike. This meticulously crafted executive survey not…
EU passes landmark AI Act, sets global standard
The EU’s AI Act, a pioneering regulation on AI, aims to mitigate risks and shape global AI governance, sparking diverse reactions….
The Rise of Domain-Specific Language Models
Introduction The field of natural language processing (NLP) and language models has experienced a remarkable transformation in recent years, propelled by the advent of powerful large language models (LLMs) like GPT-4, PaLM, and Llama. These models, trained on massive datasets, have demonstrated an impressive ability to…