(The stuff which compresses well gets handled by the much larger number of people who have market standard levels of competence.)
BUSINESS
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Mistral AI Raises 450 Million Euros in Funding
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[#Article] @MistralAI completes a fundraising round of 450 million euros https://actuia.com/actualite/mistral-ai-finalise-une-levee-de-fonds-de-450-millions-deuros/
… #AI #artificialintelligence #fundraising -
Essential Steps for Successful AI Project Implementation
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Insightful article unpacking the steps for #AI projects: Understand the Problem Data Collection & Prep Model Building Testing & Validation Deployment Monitoring & Maintenance Crucial insights for #AI #Consultants!
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LaJavaness Wins AI Challenge for Energy Transition
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[#Article] @LaJavaness, winner of the AI Challenge for #energytransition organized by the Île-de-France Region and RTE https://actuia.com/actualite/la-javaness-laureat-du-challenge-ia-pour-la-transition-energetique-organise-par-la-region-ile-de-france-et-rte/
… #AI #artificialintelligence -
AI Economic Force Multiplier: McKinsey Projects $340 Billion Wall Street Profit
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AI is an economic force multiplier. The biggest one we’ve had in a generation. McKinsey Sees AI Adding Up to $340 Billion to Wall Street Profit
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Why Rich People Invest in Restaurants for Fun and Status
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I would only do it if you're post-economic and can have someone run everything for you, and it's mostly for fun. That's why a lot of people invest in restaurants. To be able to tell people "I'm an owner."
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Finance’s Advantage: Testing Demand Before Monetization Models
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(An interesting advantage finance has over fintech startups: you can do locally irrational things just to see if there is customer demand for it, then backfill with the monetization model required. Having a hundred million customers in your back pocket is useful that way.)
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Businesses Switch to Open-Source LLMs for Cost-Effective Performance
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We’re seeing more and more businesses switch from closed to open-source language models. You can fine-tune models like Llama 2 and Mistral to perform better than GPT-4 on particular tasks with a much smaller, cheaper model.
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Language Models Drive Growth for Replicate After Llama 2 Release
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Although we got our start in generative images, language models are where we see most of our growth. The week Llama 2 came out was our biggest week of growth ever.
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Large Businesses Deploy AI Models on Replicate Platform
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Large businesses are building on us too. Unsplash are labelling all the images in their catalog using BLIP. BuzzFeed are… turning your pets into plushies. Character AI, Labelbox, and thousands of other businesses are deploying models on Replicate.