large language models

Chip Designer Arm IPO Gets Leg Up From AI Boom
Chip Designer Arm IPO Gets Leg Up From AI Boom
September 14, 2023  |  artificial intelligence

Generative artificial intelligence (AI) is experiencing a rocket-propelled growth, and there are a few firms helping determine that ship’s trajectory. Among them is British chip...

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Essential AI Raising $40 Million to Build LLM Software
Essential AI Raising $40 Million to Build LLM Software
September 13, 2023  |  artificial intelligence

Artificial intelligence (AI) company Essential AI has reportedly raised $40 million in new funding. The funding round for the startup — described in a Bloomberg News report...

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Report: Meta Planning AI System to Match OpenAI
Report: Meta Planning AI System to Match OpenAI
September 11, 2023  |  artificial intelligence

Meta is reportedly working on a new artificial intelligence (AI) system to compete with OpenAI. According to a Sunday (Sept. 10) report by The Wall...

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Ant Group Launches Specialized Large Language Model for Finance Industry
Ant Group Launches Specialized Large Language Model for Finance Industry
September 08, 2023  |  artificial intelligence

Ant Group has launched a financial large language model (LLM) and two applications that it powers in the China market. The financial LLM is a specialized...

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UAE Launches Bilingual Gen AI Named Jais
UAE Launches Bilingual Gen AI Named Jais
August 31, 2023  |  artificial intelligence

Today’s large language models (LLMs) aren’t actually trained on that large a set of languages. For the most part, the vernacular vehicle underlying the generative...

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AI21 Labs Valued at $1.4 Billion After $155 Million Funding Round
AI21 Labs Valued at $1.4 Billion After $155 Million Funding Round
August 30, 2023  |  artificial intelligence

AI21 Labs has raised $155 million in Series C funding to further develop and provide generative artificial intelligence (AI) services to businesses. With this latest...

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Report: OpenAI Approaches $1 Billion in Yearly Revenue
Report: OpenAI Approaches $1 Billion in Yearly Revenue
August 30, 2023  |  artificial intelligence

OpenAI is reportedly on the road to reaching $1 billion in yearly revenue. The maker of the generative artificial intelligence (AI) bot ChatGPT is taking...

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Stellar Launches to Help Businesses Deploy AI
Stellar Launches to Help Businesses Deploy AI
August 25, 2023  |  artificial intelligence

Indianapolis-based company Stellar has officially launched its mission to help businesses gain a competitive edge by integrating generative artificial intelligence (AI), large language models (LLMs)...

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Alibaba Cloud Unveils AI Models That Understand Visual Content
Alibaba Cloud Unveils AI Models That Understand Visual Content
August 25, 2023  |  artificial intelligence

Alibaba Cloud has unveiled two open-source artificial intelligence (AI) models that have the ability to understand both images and text. These models — Qwen-VL and Qwen-VL-Chat...

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