NVIDIA blew past expectations with its Q4 earnings report, with a 265% year-over-year increase and massive data center revenue. The result? Up over a whopping 16%, pushing market cap passed Google and claiming position as the third largest stock in the world.
BIG TECH
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Moonshot AI raises $1B at $2.5B valuation from Alibaba
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Chinese startup Moonshot AI raised over $1B at a $2.5B valuation from backers including Alibaba.
— Rowan Cheung (@rowancheung) 23 février 2024
The startup focuses on the development of LLMs handling long-form text and has a ChatGPT alternative called 'Kimi Chat'.
China's AI has been accelerating.https://t.co/Ls7OLFUfvLChinese startup Moonshot AI raised over $1B at a $2.5B valuation from backers including Alibaba. The startup focuses on the development of LLMs handling long-form text and has a ChatGPT alternative called 'Kimi Chat'. China's AI has been accelerating.
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Google Acquires Reddit User Data for AI Training in $60M Deal
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Reddit’s previously reported sale of its data for AI training had its mystery buyer revealed today: Google. The $60M deal will grant the search giant access to its user content for AI model training.
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Stability AI Releases Stable Diffusion 3 with Transformer Architecture
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Stability AI unveiled Stable Diffusion 3, a new iteration of the company’s image generator: -Improvements in quality
-Multi-subject generation
-Enhanced spelling The model is backed by a new transformer architecture similar to OpenAI’s Sora. -
Google Launches Help Me Write Tool Powered by Gemini
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Lastly for Google's AI updates today is the full launch of its ‘Help Me Write’ tool (powered by Gemini).
— Rowan Cheung (@rowancheung) 23 février 2024
The new feature allows users to generate AI writing or revisions with a single click. pic.twitter.com/67LJopNb9HLastly for Google's AI updates today is the full launch of its ‘Help Me Write’ tool (powered by Gemini). The new feature allows users to generate AI writing or revisions with a single click.
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Google’s AI Launches Overshadowed by OpenAI Competition
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Google's been having a rough month. Last week’s Gemini 1.5 breakthrough? Overshadowed by OpenAI’s Sora. And now, their release of Gemma, a new open-source family of AI models, was dwarfed by the backlash. Tough for Google's PR/marketing team.
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Google Pauses Gemini Image Generation for People
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Google tweeted the company is pausing Gemini’s ability to generate images of people. The announcement comes following heavy criticism after the model continuously overcorrected for diversity. The company said it will “re-release an improved version soon.”
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Google pauses Gemini image generation amid backlash
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AI NEWS: Google has paused Gemini's AI image generation of people (after major backlash). Plus, more developments from Stability AI, Magic, Reddit, Moonshot AI, OpenAI, and NVIDIA. Here's everything going on in AI right now:
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Product Manager Faces Harassment Over Past Social Media Posts
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Yes, their product manager has first doubled down, then announced changes. He sadly got harassed so much (especially over his past "systemic racism"/"white privilege" tweets) that he took his account private.
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Google’s AI Model Receives Positive Reassessment From Community
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I think you're all too hard on Google. This model is really solid.