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...
The rapid rise of artificial intelligence (AI) has sparked a heated debate among experts, with some warning that the hype surrounding the technology may be overshadowing genuine scientific advancements. DeepMind Co-Founder Demis Hassabis recently drew parallels between the current AI frenzy and the cryptocurrency boom,...
This week in artificial intelligence (AI) news, a study examined different views on AI’s future, while the EU is moving forward with strict AI laws. Meanwhile, smaller and more efficient chatbots, like Inflection’s Pi upgrade, are making AI cheaper and more accessible for businesses, showing...
Japan’s SoftBank is reportedly weighing an investment in French artificial intelligence (AI) startup Mistral AI. The tech giant has shown interest in backing Mistral the next time it does fundraising, Bloomberg News reported Thursday (March 14), citing sources with knowledge of the matter. The sources said any deal...
April 02, 2024
The rapid rise of artificial intelligence (AI) has sparked a heated debate among experts, with some warning that the hype surrounding the technology may be overshadowing genuine scientific advancements. DeepMind Co-Founder Demis Hassabis recently drew parallels between the current AI frenzy and the cryptocurrency boom, raising concerns about the potential impact on the field’s progress. […]
March 14, 2024
Japan’s SoftBank is reportedly weighing an investment in French artificial intelligence (AI) startup Mistral AI. The tech giant has shown interest in backing Mistral the next time it does fundraising, Bloomberg News reported Thursday (March 14), citing sources with knowledge of the matter. The sources said any deal could potentially value Mistral at north of $2 billion. PYMNTS […]