Llama 3, AI Dogfights, Layoffs, Deals
19 April 2024: Meta's Llama 3, AI-piloted F-16 dogfights, Stability AI layoffs, WhatsApp's AI image creation, UK's AI child safety push, Copyright for AI-assisted novel
Good Morning & Happy Friday,
Latest in AI,
1. 1-Minute Roundup
2. Headlines
3. AI Investment Deals
4. Other AI News
1-Minute Roundup
Headlines:
Meta unveils Llama 3 AI model, enhancing its MetaAI assistant across platforms
Author granted partial copyright for AI-assisted novel, sparking debate
AI Investment Deals:
AIPERIA raises €7.5M for AI-driven demand planning in the fresh food sector
Thoughtworks acquires Watchful to enhance AI deployment for clients
Mentee Robotics raises $17M for its humanoid robot prototype with advanced AI
Mistral AI seeks to raise funds at a $5 billion valuation
NeuBird raises $22M for its generative AI platform for IT operations
AgentSmyth raises $2.5M to advance autonomous AI agents in finance
Others:
Stability AI announces layoffs following CEO's exit amid restructuring efforts.
AI-controlled F-16 successfully dogfights human pilots in a groundbreaking test.
Google merges Android and hardware teams to focus on AI integration
Meta introduces live AI image creation feature on WhatsApp for U.S. users
UK is considering using AI to detect and remove harmful online content for children
Headlines
Meta Unveils Llama 3 AI Model, Boosts MetaAI Assistant
Meta Platforms Inc. has launched Llama 3, an upgraded AI model powering its MetaAI assistant across Facebook, WhatsApp, and other products. The company aims to keep pace with rivals like OpenAI and Google in the race to develop cutting-edge AI technology.
Why it Matters: Meta's Llama 3 launch highlights the intensifying competition among tech giants to develop and integrate powerful AI models into their products. As AI becomes increasingly crucial for content recommendation, ad targeting, and virtual reality experiences, Meta aims to leverage Llama 3 to enhance its offerings and maintain its position in the market.
Numbers:
Downloads: Llama 2, the previous model, has been downloaded 170 billion times.
Performance: Llama 3 is claimed to be "industry-leading on several benchmarks for models of its size."
What's Next: Meta is working on several iterations of Llama 3, which will be rolled out as updates in the future, indicating the company's ongoing commitment to refining its AI capabilities.
Author Granted Partial Copyright for AI-Assisted Novel
The US Copyright Office granted Shupe copyright for selecting, coordinating, and arranging the AI-generated text, backdated to her original application date, but not for the sentences and paragraphs.
Why it Matters: Shupe's case highlights the challenges faced by the US Copyright Office in determining how to handle works created with AI assistance as more people incorporate AI tools into their creative processes.
Zoom In: Shupe, who has disabilities that make writing difficult, argues that ChatGPT allowed her to complete her novel and that AI-assisted writing should be recognized under the Americans with Disabilities Act (ADA).
Backstory: Shupe initially filed for copyright in October 2022, but her application was rejected. She appealed with the help of the Brooklyn Law Incubator and Policy Clinic, arguing for recognition under the ADA and for the copyright of the compilation of AI-generated text.
AI Investment Deals
AIPERIA, based in Würzburg, raises €7.5M in Series A funding led by ETF Partners to expand internationally and enhance its AI-driven demand planning technology for reducing food waste in the fresh food sector.
Thoughtworks acquires technology and talent from Watchful, enhancing its global position as a leading AI transformation partner and accelerating AI deployment for clients.
Mentee Robotics, featuring a humanoid robot prototype, has raised $17M, led by Ahren Innovation Capital. The company integrates advanced computer vision and generative AI into its prototype.
Mistral AI seeks to raise funds at a $5 billion valuation, following recent investments from major firms like Microsoft and partnerships enhancing its AI models on Azure.
NeuBird, a San Francisco-based generative AI platform for IT operations, raises $22M in seed funding led by Mayfield to enhance technology and expand operations.
AgentSmyth, a New York-based agent technology firm, raises $2.5M in seed funding to advance autonomous AI agents in finance.
Others
Stability AI Announces Layoffs Post-CEO Exit
Stability AI will cut 10% of its workforce amid restructuring efforts.
Layoffs follow the resignation of founder and CEO Emad Mostaque.
AI-Controlled F-16 Dogfights Human Pilots
AI software pilots modified F-16, safely engaging in mock dogfights with human-piloted aircraft.
Breakthrough demonstrates potential for autonomous air combat.
Google Merges Android and Hardware Teams for AI Focus
Google creates a unified "Platforms and Devices" team to enhance AI integration across products.
The restructuring aims for quicker innovation in AI applications under the leadership of Rick Osterloh.
Meta Introduces Live AI Image Creation on WhatsApp
WhatsApp now features real-time AI image generation for U.S. users.
Users can modify images dynamically as they type their prompts.
UK Eyes AI for Enhancing Online Child Safety
Ofcom will consult on using AI to detect and remove harmful content for children.
Increased internet use among young children prompts new safety measures.
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