AI Edition - It's AI Time - 12 [26-04-2024]

AI Edition - It's AI Time - 12


Snowflake Arctic - LLM for Enterprise AI

The Snowflake AI Research Team has introduced Snowflake Arctic, an enterprise-grade LLM that delivers top-tier performance in SQL generation, coding, and instruction-following benchmarks at a fraction of traditional costs. Arctic leverages a unique architecture and an open-source approach, making advanced LLM capabilities accessible to a wider audience. The model is available on Hugging Face and will be integrated into various platforms and services.


Nvidia acquires AI workload management startup Run:ai for $700M

Nvidia is acquiring AI infrastructure optimization firm Run:ai for approximately $700 million to enhance its DGX Cloud AI platform, allowing customers improved management of their AI workloads. The acquisition will support complex AI deployments across multiple data center locations. Run:ai had previous VC investments and a broad customer base, including Fortune 500 companies.


Apple Acquires French AI Company Specializing in On-Device Processing

Apple has acquired Paris-based artificial intelligence startup Datakalab amid its push to deliver on-device AI tools. Datakalab specializes in algorithm compression and embedded AI systems.


Drake Uses AI Tupac and Snoop Dogg Vocals

Drake's new song "Taylor Made Freestyle" features AI-generated vocals of Tupac Shakur and Snoop Dogg aimed at Kendrick Lamar amidst their ongoing hip-hop feud. The song's AI manipulation prompts speculation about the technology's role in shaping the diss exchange in the hip-hop community.


AI Tool Report

Musk to raise $6B (from his buddies) for xAI 

Humanoid robot learns tasks in 24hrs 

 Musk subpoenas ex-OpenAI board representative 

 Microsoft exceeds $61B in revenue thanks to AI


Meta stock drops 16% after reporting spiking AI expenses.

Meta's revenue grew by 27% from last year, but it's also investing heavily—expecting $35-40 billion in spending—to advance its AI plans, which won't generate profits for years. CEO Mark Zuckerberg is optimistic about future AI services, while Microsoft and Alphabet, with similar focuses, will report earnings today.



Location: Chennai, Tamil Nadu, India

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