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Hey AI Gang - Here are the best stories in the last few months!
🔥 Top 15 AI Bangers (July-Nov 2024)
Canva Gobbles Up Leonardo.aiCanva just went full Pac-Man on Leonardo.ai, chomping up the gen AI startup to beef up its Magic Studio. 120 new brainiacs added to the team? Canva's not playing around
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Perplexity's Robin Hood MovePerplexity's sharing the wealth, y'all! They're cutting publishers in on that sweet, sweet revenue. Smart move or desperate play? You decide
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X's Sneaky Data PlayElon's at it again! X (formerly Twitter) got caught with its hand in the cookie jar, auto-opting users into data sharing for Grok. Smooth, Elon. Real smooth
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Llama 3.1: Meta's Beast ModeMeta dropped Llama 3.1 with a whopping 405B parameters. It's like they're compensating for something, amirite
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Mistral Throws Shade at MetaMistral Large 2 strutted in with 123B parameters, flexing on Llama 3.1. Size doesn't matter, kids – it's how you use it
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Instagram's AI DoppelgangersMeta's letting US users create AI versions of themselves on Insta. Narcissists, rejoice
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SearchGPT: OpenAI's Google Killer?OpenAI's cooking up SearchGPT, combining AI models with real-time web info. Google, you seeing this
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Apple Intelligence: Fashionably LateApple finally joined the AI party with Apple Intelligence. Better late than never, Tim
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Robinhood's AI Shopping SpreeRobinhood snagged Pluto Capital, adding AI-powered investment research to its arsenal. Stonks
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BNP Paribas Goes All-In on Mistral AIBNP Paribas signed a multi-year deal with Mistral AI. Banking's about to get a whole lot smarter (or scarier, depending on who you ask)
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Intuit's AI ShuffleIntuit's playing musical chairs with its workforce, cutting 10% to boost AI investment. One step back, two steps forward
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Anne Boden's AI PivotStarling Bank's founder, Anne Boden, bounced from the board to focus on her new AI venture. Plot twist
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Writer's AI Chat Glow-UpWriter's AI chat apps got a major facelift with advanced RAG and transparency features. Now you can see how the AI sausage is made
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Meta's Mobile AI MoveMeta's bringing the AI heat to your pocket with MobileLLM. Siri, you've got competition
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AMD's Finnish AI FeastAMD dropped $665 million on Finnish AI startup Silo AI. That's a lot of reindeer, folks
Some additional Stories are as follows:
Major AI Model Releases
Meta released Llama 3.1, featuring the 405B parameter model with a 128K context length and support for eight languages
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Mistral AI launched Mistral Large 2, a 123 billion parameter model that reportedly outperforms Llama 3.1 in code generation and math tasks despite having fewer parameters
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AI Company Acquisitions and Partnerships
Canva acquired Leonardo.ai to enhance its AI capabilities and expand its Magic Studio suite
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Nokia announced plans to acquire optical networking gear maker Infinera for $2.3 billion, aiming to capitalize on AI-driven demand for data centers
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Amazon hired several co-founders and employees from AI startup Adept to boost its AI development efforts
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AI Platform Updates
Meta launched AI Studio in Instagram, allowing users in the US to create AI versions of themselves for automated interactions
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OpenAI announced a prototype of SearchGPT, designed to combine their AI models with real-time web information
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Apple released the first preview of its AI suite, Apple Intelligence, during the developer beta of iOS 18.1
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AI in Finance and Business
BNP Paribas signed a multi-year agreement with Mistral AI to implement commercial models across all the bank's business lines
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Robinhood acquired AI-powered investment research platform Pluto Capital to enhance its trading platform capabilities
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Intuit announced plans to cut 10% of its workforce while increasing investment in AI-driven products and services
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AI Ethics and Regulation
X (formerly Twitter) faced backlash for automatically opting users into data sharing with Elon Musk's AI startup xAI without explicit consent
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The EU began scrutinizing the partnership between Microsoft and OpenAI, as well as Google's AI deal with Samsung, for potential anti-competitive practices
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These stories highlight the rapid advancements in AI technology, its increasing integration into various industries, and the growing focus on AI ethics and regulation during the latter half of 2024.