Seems to solidly compete with GPT-4 on benchmarks.
Google has existing customers and surfaces to start the feedback loop, without worrying about adoption.
And Google will use TPUs for inference, so doesn't have to pay NVIDIA their 70% margins (like @OpenAI and @Microsoft has to
INVESTMENT
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Google’s AI Model Competes with GPT-4, Cuts Infrastructure Costs
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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 -
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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ChatGPT Google Meta Competition in Generative AI Race
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You have to read the full article. I'm just scratching the surface with the above excerpts. https://
nytimes.com/2023/12/05/tec
hnology/ai-chatgpt-google-meta.html
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AMD AI Chips Challenge Nvidia as Tesla Cybertruck Polarizes Market
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Sell-side most interesting: AMD’s big day, cheers for IBM, and Tesla’s polarizing Cybertruck AMD will unveil more details of its AI chips going up against Nvidia’s, Tesla’s Cybertruck is “polarizing,” and Meta and IBM are running scared because of OpenAI’s dominance.
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Replicate confirms mission to support AI startup development
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The rumors are true. We're just chill people who want to help you make better AI startups
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AI Impact on Productivity, Inequality, and Market Concentration
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How will AI impact productivity growth, income inequality, and industrial concentration? The future of AI isn’t written; it’s shaped by our policies and collective decisions, says @DigEconLab director @erikbryn and postdoc @_gabrielunger in @IMFNews
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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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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.