Smaller artificial intelligence (AI) models, like Microsoft’s recently unveiled Phi-3-mini, are proving that bigger isn’t always better for business applications. These lightweight, efficient models can tackle content creation and data analysis without the hefty computational requirements and costs associated with their larger counterparts, experts say, making AI more accessible and cost-effective...
Small and medium-sized businesses will struggle to keep pace with tech giants like OpenAI in developing their own artificial intelligence (AI) models, according to a new report from Stanford University. In an interview, Nestor Maslej, the editor in chief of Stanford’s newly released 2024 AI Index...
Microsoft AI, an artificial intelligence (AI)-focused organization formed by the tech company in March, is opening a new AI hub in London. The Microsoft AI London hub will work with teams across Microsoft and its partners, including OpenAI, to create language models, their supporting infrastructure...
Inflection’s recent Pi chatbot upgrade showcases the trend of developing smaller, more cost-effective artificial intelligence (AI) models that make AI more accessible for businesses. The chatbot has been upgraded with the new Inflection 2.5 model, achieving close to OpenAI’s GPT-4’s effectiveness while only using 40% of...
August 06, 2024
Character.AI and Google. Adept AI and Amazon. Microsoft and Inflection. What do these companies have in common? As The Wall Street Journal (WSJ) reported Tuesday (Aug. 6), they’re all part of a new trend in the artificial intelligence (AI) field: struggling startups being rescued by Big Tech companies in a new type of deal that tech sector observers say are essentially acquisitions. Other similar deals […]
April 08, 2024
Microsoft AI, an artificial intelligence (AI)-focused organization formed by the tech company in March, is opening a new AI hub in London. The Microsoft AI London hub will work with...
July 21, 2023
The Biden Administration has announced voluntary commitments from seven companies to help move toward safe, secure and transparent development of artificial intelligence (AI) technology. The commitments include a range of...
