AI Edition - It's AI Time - 11 [25-04-2024]

AI Edition - It's AI Time - 11 


"From SoftBank's billion-dollar AI push to Adobe's Firefly 3, explore the latest in AI innovation reshaping industries."


1. Japan’s SoftBank makes nearly $1 billion AI push


In yet another example of Japan’s accelerating efforts in the AI space, Nikkei reported that Japanese telecom SoftBank plans to invest $960 million by 2025 to purchase the AI chips that is, Nvidia GPUs required to develop and power its own large language model on par with OpenAI’s GPT-4. According to Nikkei, the massive investment in computing infrastructure is believed to be the largest of any Japanese company.


2. Adobe powers Photoshop with the latest version of Firefly, its generative AI image model.


Adobe launches Firefly 3, its latest gen AI image model, now available in the new Photoshop beta. Since the debut of its original Firefly AI model, praised for its Generative Fill feature, competition in AI-generated imagery has intensified with rivals like OpenAI's DALL-E 3, Midjourney's latest versions, and Meta's Llama 3. Adobe faces the challenge of keeping up in this dynamic landscape.


3. AI biotech startup Profluent brings generative AI to gene editing and CRISPR methods.


AI biotech startup Profluent, covered by The New York Times, is pioneering the integration of generative AI into gene editing with CRISPR, a technology capable of rectifying genomic errors and regulating gene expression. Originating from a research endeavor at Salesforce known as ProGen, Profluent was founded by former Salesforce researcher Ali Madani, supported by leading venture capitalists and Google chief scientist Jeff Dean.


4. Perplexity, an AI search engine startup, raises a new round at $1 billion valuation.

"Amidst the ongoing quest to challenge Google's search dominance, Perplexity AI emerges as a new unicorn, securing over $63 million in funding, valuing the company at $1 billion. While hailed as a potential game changer, predecessors like Microsoft's Bing copilot and You.com have attempted similar feats, with Neeva's pivot to enterprise search after acquisition by Snowflake serving as a cautionary tale. Whether Perplexity can sustain its impact remains to be seen."



5. Microsoft Research debuts VASA-1, a model that can deliver deepfakes in real time.

Deepfake technology's progress raises concerns, especially with elections looming and deepfake porn's global spread. Microsoft Research unveiled VASA-1, a model generating lifelike talking faces from photos and audio, but it's only a research demo for now.


"As AI advancements unfold, from search engines to biotech, the future looks brighter with every breakthrough."


#AI #Innovation #TechTrends #FutureTech #SoftBank #AIInvestment #AdobeFirefly #Photoshop #AIInnovation #GenerativeAI #Profluent #CRISPR #GeneEditing #PerplexityAI #SearchEngine #DeepfakeTechnology #MicrosoftResearch #VASA1 #ArtificialIntelligence #TechNews

Location: Chennai. Tamil Nadu 605101, India

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