A visitor inquires about artificial intelligence-model products during a recent expo in Beijing. GUO HAIPENG/FOR CHINA DAILY The simmering price war among China's biggest artificial intelligence-model builders will greatly accelerate the launch of more advanced AI language models in the country to close the gap with US counterparts, said top executives from leading Chinese AI startups. Zhang Peng, CEO of …
In June, a French startup Mistral AI raised record 105 million euros in its seed funding round, just a month after launch. A week ago, Mistral released a 7.3 billion parameter language model positioned to compete against Meta’s Llama 2, a 13 billion parameters large language model. Mistral’s model vs. Llama 2 Mistral, in a report, claimed its AI had …
While Microsoft, Google and OpenAI are advancing work on large language models that power mainstream generative AI, a few others are gearing up to deploy small AI models, which are likely to reach the consumers sometime in 2024. Industry insiders see this as a natural progression to monetizing generative AI technologies, making them more widely accessible, instead of targeting only …
There’s a big reason why every company hoping to deal in some way with artificial intelligence is either spending or raising billions upon billions of dollars right now, and it’s not just investor hype. These stacks of cash are necessary for meeting the costs of building, training, and maintaining resource-intensive power-sucking content generators like ChatGPT, as well as the resource-intensive …